CryptoSlate Daily wMarket Update – Oct. 31: DOGE spikes higher on rumors of Twitter integration

Over the past 24 hours, the cryptocurrency marketplace headdress saw nett outflows of $1.3 cardinal to $1,025.9 cardinal from $1,027.2 cardinal arsenic of property clip — down 0.2%.

During the reporting period, Bitcoin’s marketplace headdress fell 0.7% to $395.7 cardinal from $398.4 billion. Meanwhile, Ethereum’s marketplace headdress decreased 1.7% to $194.9 cardinal from $198.3 billion.

The apical 10 cryptocurrencies saw a mixed show implicit the past 24 hours. Dogecoin is the standout performer, increasing 21.2% to pb the ample caps, followed by Shiba Inu, up 6.1%. Meanwhile, Polygon saw a driblet of 2.21%.

Source: CryptoSlate.com

The marketplace headdress of Tether (USDT) accrued to $69.4 billion, portion USD Coin (USDC) saw a marginal alteration to $43.6 billion. BinanceUSD (BUSD) stayed level astatine $21.4 billion.

Bitcoin

Over the past 24 hours, Bitcoin traded flat, down 0.5% to $20,633 arsenic of 07:00 ET. Its marketplace dominance fell to 38.5% from 38.7%.

During the reporting period, the marketplace person deed a section apical of $20,840 earlier seeing a crisp driblet during Monday lunchtime (UTC) to bottommost astatine $20,240. Since then, BTC has been grinding higher.

Source: TradingView.com

Ethereum

Over the past 24 hours, Ethereum decreased 0.8% to $1,606 arsenic of 07:00 ET. Its marketplace dominance fell to 19.1% from 19.3% arsenic of property time.

ETH’s terms question implicit the reporting play mostly mirrored BTC’s. A section precocious of $1,635 was followed by a crisp drawdown astatine Monday lunchtime (UTC). A gradual grind higher followed.

Source: TradingView.com

Top 5 Gainers

Dogecoin

DOGE is the biggest gainer implicit the reporting period, up 21.2% to $0.14837 arsenic of property time. The meme coin is benefiting from rumors that Elon Musk volition incorporated the token into Twitter. Growth for the past week comes successful astatine 160%. Its marketplace headdress stood astatine $20.66 billion.

Chain

XCN saw 25.4% gains implicit the past 24 hours to commercialized astatine $0.06291. Despite today’s terms spike, the unreality blockchain protocol is caught successful a macro downtrend. Its marketplace headdress stood astatine $1.35 billion.

Stratis

STRAX’s worth grew by 21.4% to $0.65229 successful the past 24 hours. Its marketplace headdress stood astatine $92.96 million.

Telcoin

TEL gained 18.7% successful the past 24 hours to commercialized astatine $0.00168 astatine property time. The telecom-focused protocol grew 41% implicit the past month. Its marketplace headdress stood astatine $105.56 million.

Dogelon Mars

ELON roseate 16.7% successful the past 24 hours to $0.000000473825 arsenic of property time. Like Dogecoin, the “Elon Musk effect” is making its beingness felt. Its marketplace headdress stood astatine $262.33 million.

Top 5 Losers

Rocket Pool

RPL  is today’s biggest loser, sinking 12.9% to commercialized astatine $21.5657 astatine property time. The decentralized Ethereum staking excavation posted a section apical of $35.77 astatine the day of the Merge. Since then, RPL has been trending down. Its marketplace headdress stood astatine $221.691 million.

Toncoin

TON fell 7.8% to $1.48574 implicit the reporting period. Its marketplace headdress stood astatine $1.81 billion.

Flux

FLUX fell 7.4% implicit the reporting play to $0.73397. The Proof-of-Work protocol posted 462% gains implicit the past year. Its marketplace headdress stood astatine $205.74 million.

Gnosis

GNO is down 6.9% to commercialized astatine $120.776 astatine the clip of press. The Ethereum ecosystem protocol was up 7% implicit the past week. Its marketplace headdress stood astatine $311.55 million.

Sologenic

SOLO recorded a 6.8% nonaccomplishment implicit the past 24 hours to commercialized astatine $0.33867 arsenic of property time. Despite today’s loss, the XRP-based liquidity protocol posted 167% gains implicit the past month. Its marketplace headdress stood astatine $135.45 million.

The station CryptoSlate Daily wMarket Update – Oct. 31: DOGE spikes higher connected rumors of Twitter integration appeared archetypal connected CryptoSlate.