CryptoSlate Daily wMarket Update – Nov. 3: Polygon maintains bullish run of form

wMarket Update

Over the past 24 hours, the cryptocurrency marketplace headdress saw nett inflows of $21.2 cardinal to $1,030.6 cardinal from $1,009.4 cardinal arsenic of property clip — up 2.1%.

During the reporting period, Bitcoin’s marketplace headdress grew 1.7% to $395.8 cardinal from $389.2 billion. Meanwhile, Ethereum’s marketplace headdress accrued by 2% to $194.3 cardinal from $190.4 billion.

The apical 10 cryptocurrencies posted gains implicit the past 24 hours, but Dogecoin, which is down 10.4% owed to quality that Twitter is being sued for failing to supply sacked workers with capable notice. Polygon leads the ample caps acknowledgment to partnering with Meta for NFTs, increasing 14.9% implicit the period.

Source: CryptoSlate.com

The marketplace caps of Tether (USDT) and BinanceUSD (BUSD) stayed mostly level astatine $69.4 cardinal and $21.7 billion, respectively. USD Coin (USDC) saw a alteration to $42.7 billion.

Bitcoin

Over the past 24 hours, Bitcoin posted marginal gains of 1.6% to $20,604 arsenic of 07:00 ET. Its marketplace dominance decreased to 38.4% from 39.0%.

During the reporting period, BTC began moving higher during Thursday evening to highest astatine $20,700 during the aboriginal hours of today. Price enactment has since traded mostly flat.

Source: TradingView.com

Ethereum

Over the past 24 hours, Ethereum accrued 2.3% to $1,581 arsenic of 07:00 ET. Its marketplace dominance fell somewhat to 18.8% from 18.9% arsenic of property time.

ETH’s terms question implicit the reporting play mirrored BTC’s. A pump connected Thursday evening acceptable disconnected an uptrend that peaked astatine $1,600. Bears person since applied unit to halt a continuation higher. However, the bulk of gains made implicit the past 24 hours person been retained.

Source: TradingView.com

Top 5 Gainers

Band Protocol

BAND is today’s biggest gainer, up 108.6% to $3.24465 arsenic of property time. The decentralized oracle protocol continues its phenomenal tally – up 190% implicit the past week. Its marketplace headdress stood astatine $114.19 million.

Loopring

LRC’s worth grew by 29.2% to $0.35424 successful the past 24 hours. Its marketplace headdress stood astatine $471.19 million.

OKB

OKB saw 24.1% gains implicit the past 24 hours to commercialized astatine $20.3656. The inferior token of the OK Blockchain Foundation saw a beardown spike aboriginal Thursday evening (UTC). Its marketplace headdress stood astatine $1.22 billion.

Fantom

FTM gained 4.2% successful the past 24 hours to commercialized astatine $0.27929 astatine property time. The DeFi protocol was boosted by rumors of the instrumentality of Andre Cronje. Its marketplace headdress stood astatine $710.79 million.

Basic Attention Token

BAT roseate 7.2% successful the past 24 hours to $0.32188 arsenic of property time. The integer advertizing browser level is up 10.5% implicit the past week. Its marketplace headdress stood astatine $481.43 million.

Top 5 Losers

Mask Network

MASK is the day’s biggest loser, sinking 17.3% to commercialized astatine $4.50254 astatine property time. Despite the drawdown, MASK remains up 244.9% implicit the past month. Its marketplace headdress stood astatine $131.16 million.

Gala

GALA is down 11.5% to commercialized astatine $0.03512 astatine the clip of press. The gaming ecosystem suffered an exploit, tanking its price. Its marketplace headdress stood astatine $245.02 million.

Dogecoin

DOGE fell 10.4% implicit the reporting play to $0.1194. The meme coin fell implicit quality Twitter had paused its crypto integration plans and is being sued by laid-off workers. Its marketplace headdress stood astatine $15.82 billion.

Dogelon Mars

ELON dropped by 8.3% to $0.000000432698 implicit the reporting period. It is unclear wherefore the token sunk; however, links to Twitter and Elon Musk are assumed. Its marketplace headdress stood astatine $239.55 million.

Storj

STORJ recorded a 4.8% nonaccomplishment implicit the past 24 hours to commercialized astatine $0.47529 arsenic of property time. The information retention protocol is inactive up 14.7% implicit the past week. Its marketplace headdress stood astatine $196.27 million.

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