CryptoSlate Daily wMarket Update – Nov. 24: Dogecoin leads large caps during flat 24 hours

1 year ago

The cryptocurrency marketplace headdress saw nett inflows of $1.1 cardinal implicit the past 24 hours and presently stands astatine $832.1 billion, up 0.14% implicit the reporting period.

Bitcoin’s marketplace headdress fell 0.1% to $317.6 cardinal from $317.9 billion, and Ethereum’s decreased 0.1% to $146.1 cardinal from $146.3 billion.

The apical 10 cryptocurrencies saw a mixed performance. Litecoin recorded the biggest nonaccomplishment implicit the period, down 1.9%. However, Dogecoin and XRP posted 9.2% and 7.4% gains, respectively.

Top 10 cryptocurrenciesSource: CryptoSlate.com

Over the reporting period, USD Coin’s (USDC) marketplace headdress accrued to $44 billion, portion BinanceUSD’s (BUSD) decreased to $22.6 billion. Meanwhile,  Tether’s (USDT) marketplace headdress remained level astatine $65.3 billion.

Bitcoin

In the past 24 hours, Bitcoin fell 0.2% to commercialized astatine $16,529 arsenic of 07:00 ET. As a result, its marketplace dominance fell somewhat to 38.2% from 38.3% implicit the reporting period.

Since the past report, Bitcoin trended little to bottommost astatine $16,340 during the aboriginal hours of Friday (ET). However, bulls managed to rise the terms to $16,590 conscionable aft 06:00.

Bitcoin chartSource: TradingView.com

Ethereum

ETH decreased by 0.2% implicit the past 24 hours to commercialized astatine $1,193 arsenic of 07:00 ET. As a result, its marketplace dominance fell somewhat to 17.5% from 17.6% implicit the reporting period.

Price enactment for Ethereum mirrored Bitcoin. Support was recovered astatine $1,171 aboriginal Friday greeting (ET). The ensuing bounce topped retired astatine $1,199 conscionable aft 06:00.

Ethereum chartSource: TradingView.com

Top 5 Gainers

Ren

REN is the day’s biggest gainer, increasing 30.1% arsenic of property clip to commercialized astatine $0.10512. Having deed a section bottommost of $0.0695 connected Nov. 22, the token has been surging higher since. The crushed for this is chartless astatine this time. Its marketplace headdress stood astatine $105.02 million.

Chrono.tech

TIME is up 22.2% implicit the reporting play to $169.711. The token is up 181% implicit the past 30 days. Its marketplace headdress stood astatine $120.51 million.

Kaspa

KAS accrued by 15.5% implicit the past 24 hours to commercialized astatine $0.00838 arsenic of property time. Kaspa devs held a caller AMA with the MEXC exchange. Its marketplace headdress stood astatine $122.61 million.

FTX Token

FTT accrued by 11.5% to $1.44004 implicit the reporting period. It is chartless wherefore the token spiked higher. Its marketplace headdress stood astatine $473.62 million.

Dogecoin

DOGE gained 9.2% successful the past 24 hours to commercialized astatine $0.08842 arsenic of property time. The crushed is unclear, however, the Twitter-Dogecoin communicative is being pushed connected socials erstwhile again. Its marketplace headdress stood astatine $11.73 billion.

Top 5 Losers

WEMIX

WEMIX is the day’s biggest loser sinking 25% implicit the past 24 hours to $0.37206 arsenic of property time. Several Korean exchanges announced delisting the token implicit concerns including fraudulent circulating supply. The token worth has plummeted 75.6% implicit the past week. Its marketplace headdress stood astatine $90.89 million.

Nano

XNO sank 20.3% implicit the reporting play to commercialized astatine $0.82242. Nano was yesterday’s apical gainer, up 67.1%. Despite today’s drawdown, the token remains 37% up implicit the past week, Its marketplace headdress stood astatine $109.59 million.

Orbs

ORBS decreased 18.6% to $0.02647 implicit the past 24 hours. Like Nano, Orbs was besides a top-five gainer yesterday. Its marketplace headdress stood astatine $76.15 million.

Bitcoin Standard Hashrate Token

BTCST fell 11.2% implicit the past 24 hours to $6.06738 arsenic of property time. The show of the Bitcoin mining liquidity protocol is apt reflecting wider pressures crossed the BTC mining industry. Its marketplace headdress stood astatine $74.03 million.

Voyager Token

VGX decreased by 10.4% implicit the past 24 hours to $0.42247 arsenic of property time. Binance has signaled involvement successful acquiring the bankrupt trading platform, it is unclear wherefore the token fell today. Its marketplace headdress stood astatine $117.65 million.

The station CryptoSlate Daily wMarket Update – Nov. 24: Dogecoin leads ample caps during level 24 hours appeared archetypal connected CryptoSlate.

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