CryptoSlate Daily wMarket Update: Monster gains for Gala and Zilliqa overshadow large caps

1 year ago

The cryptocurrency marketplace headdress saw nett inflows of $40.15 cardinal since the past wMarket study connected Jan. 6 and presently stands astatine $852.81 cardinal — up 4.9% from $812.66 billion.

Bitcoin’s marketplace headdress accrued 3% to $332.25 cardinal from $322.33 cardinal connected Jan. 6, portion Ethereum’s marketplace headdress grew 6.1% to $161.43 cardinal from $152.17 cardinal connected Friday.

In the past 24 hours, each of the apical 10 cryptocurrencies posted gains, with important increases for Solana and Cardano, up 21.8% and 13.2%, respectively. Market person Bitcoin brings up the rear, posting a 1.9% increase.

Top 10 cryptocurrenciesSource: CryptoSlate.com

Over the reporting period, the marketplace headdress of Tether (USDT) and USD Coin (USDC) saw flimsy increases to $66.28 cardinal and $44 billion, respectively. By contrast, BinanceUSD (BUSD) fell 2.1% to $16.32 billion.

Bitcoin

Over the past 24 hours, Bitcoin grew 1.9% to commercialized astatine $17,267 arsenic of 07:00 ET. Its marketplace dominance fell to 39% from 39.7%.

BTC traded mostly sideways during the play but a pump Sunday evening (ET) acceptable disconnected a determination higher that topped retired astatine $17,289 astir 05:00 today.

Bitcoin chartSource: TradingView.com

Ethereum

Ethereum grew 4.6% implicit the past 24 hours to commercialized astatine $1,321 arsenic of 07:00 ET. Its marketplace dominance grew to 19% from 18.7%.

ETH mirrored BTC, trading sideways until Sunday evening erstwhile a flood of measurement took the 2nd biggest token to $1,328 – a 26-day high.

Ethereum chartSource: TradingView.com

Top 5 Gainers

Gala

GALA is today’s apical gainer, rising by 53.7% implicit the past 24 hours to $0.03665 arsenic of property time. The task announced partnerships with Hollywood A-listers and a determination into mobile gaming. Its marketplace headdress stood astatine $255.71 million.

Zilliqa

ZIL roseate by 46.94%% to commercialized astatine $0.02592 arsenic of property time. Company CEO Matt Dyer announced respective upcoming developments, including further forays successful esports and an EVM-compatible MoneyMarket protocol. Its market headdress stood astatine $411.29 million.

Nervos Network

CKB gained 28.3% implicit the reporting play to commercialized astatine $0.00325 arsenic of property time. The token is up 40.2% implicit the past week. Its marketplace headdress stood astatine $108.47 million.

Solana

SOL grew 21.8% successful the past 24 hours to $16.5003. The Solana ecosystem has been flooded with memecoins, including BONK, which has led to a surge successful activity. Its marketplace headdress stood astatine $6.11 billion.

Ankr

ANKR roseate 19.2% to 0.01967 arsenic of property time. The token grew 24% implicit the past 7 days. Its marketplace headdress stood astatine $190.1 million. 

Top 5 Losers

XYO

XYO is the day’s biggest loser, falling by implicit 9.8% to $0.00576 arsenic of property time. Founder Arie Trouw precocious mentioned the institution Twitter was accidentally suspended. Its marketplace headdress stood astatine $74.02 million.

SingularityNET

AGIX declined 9.3% to $0.06586 in the past 24 hours. The AI task had been connected an upward trajectory implicit the past 7 days, rising by astir 42.4%. Its marketplace headdress stood astatine $76.41 million.

Numeraire

NMR shed 5% implicit the reporting play to commercialized astatine $14.2598 arsenic of property time. Its market headdress stood astatine $83.97 million.

Locus Chain

LOCUS decreased 3.8% to $0.06686 arsenic of property time. Its marketplace headdress stood astatine $139.14 million

Creditcoin

CTC dropped 0.9% implicit the reporting play to $0.50447. Its marketplace headdress stood astatine $104.55 million.

The station CryptoSlate Daily wMarket Update: Monster gains for Gala and Zilliqa overshadow ample caps appeared archetypal connected CryptoSlate.

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