CryptoSlate Daily wMarket Update: Overall market sentiment green as AI tokens establish their rise

1 year ago

The cryptocurrency marketplace headdress saw nett inflows of $7.5 cardinal implicit the past 24 hours and presently stands astatine $1.07 trillion — up 0.7% from $1.06 trillion.

Over the reporting period, Bitcoin and Ethereum’s marketplace headdress grew 0.7% and 0.7% to $443.44 cardinal and $201.07 billion, respectively.

The apical 10 crypto assets posted a mixed show implicit the past 24 hours. Polygon leads the gainers, increasing 3.6%. Meanwhile, Shiba Inu fared worst, losing 3.9% implicit the reporting period.

Top 10 cryptocurrenciesSource: CryptoSlate.com

The marketplace headdress of Tether (USDT) roseate to $68.19 billion. By contrast, USD Coin (USDC) and BinanceUSD (BUSD) decreased to $41.85 cardinal and $16.19 billion, respectively.

Bitcoin

Over the past 24 hours, Bitcoin grew 0.7% to commercialized astatine $22,995 arsenic of 07:00 ET. Its marketplace dominance dropped to 41.4% from 41.5%.

During the reporting period, BTC peaked astatine $23,158 earlier trending little to find enactment astatine $22,642. The starring cryptocurrency has since been edging higher.

Bitcoin chartSource: TradingView.com

Ethereum

Over the past 24 hours, Ethereum roseate 0.7% to commercialized astatine $1,643 arsenic of 07:00 ET. Its marketplace dominance stayed level astatine 18.8%.

ETH’s terms enactment mostly followed BTC’s, reaching a section apical of $1,659 to trigger a reversal that bottomed retired astatine $1,604 7 hours later.

Ethereum chartSource: TradingView.com

Top 5 Gainers

Alethea Artificial Liquid Intelligence

ALI is the day’s biggest gainer, rising 55.3% implicit the reporting play to $0.08271 arsenic of property time. The task was precocious featured successful Forbes, detailing its caller intelligent NFT (iNFT) concept, which enables NFTs to incorporated AI animations and generative abilities. Its marketplace headdress stood astatine $296.77 million.

The Graph

GRT grew 30.95% to $0.17007 arsenic of property time. The indexing protocol precocious deed an all-time precocious of 129 unsocial dApps querying the network. Its marketplace headdress stood astatine $1.49 billion.

Frax Share

FXS gained 28.8% implicit the reporting play to commercialized astatine $13.1559 arsenic of property time. The token grew 131.5% implicit the past month. Its marketplace headdress stood astatine $965.69 million.

Ocean Protocol

OCEAN roseate 20.5% to $0.52269 arsenic of property time. The token grew 137% implicit the past month. Its marketplace headdress stood astatine $320.46 million.

Fetch

FET jumped 23.1% to $0.54319 as of property time. The AI communicative has reasserted itself this week. Its marketplace headdress stood astatine $444.82 million.

Top 5 Losers

UNUS SED LEO

LEO is the day’s biggest loser, posting 6.6% losses to $3.37784 arsenic of property time. No caller cardinal developments were noted. Its marketplace headdress stood astatine $3.22 billion.

Lisk

LSK dropped 4.9% implicit the reporting play to $1.13165 arsenic of property time. Despite the drawdown, the token is inactive up 50.6% implicit the past month. Its marketplace headdress stood astatine $145.87 billion.

Conflux Network

CFX decreased 4.9% to $1.33826 arsenic of property time. Its marketplace headdress stood astatine $138.69 million.

OMG Network

OMG fell 4.6% successful the past 24 hours to $1.65592. Despite today’s losses, the token is inactive up 44.6% implicit the past 30 days. Its marketplace headdress stood astatine $232.23 million.

Shiba Inu

SHIB is down 3.5% to $0.00001412 arsenic of property time. No caller cardinal developments were noted. Its marketplace headdress stood astatine $7.74 billion.

The station CryptoSlate Daily wMarket Update: Overall marketplace sentiment greenish arsenic AI tokens found their rise appeared archetypal connected CryptoSlate.

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