CryptoSlate Daily wMarket Update: Polygon leads top 10 second day running

1 year ago

The cryptocurrency marketplace headdress saw nett inflows of $12.4 cardinal implicit the past 24 hours and presently stands astatine $1.08 trillion — up 1.2% from $1.07 trillion.

Over the reporting period, Bitcoin and Ethereum’s marketplace headdress grew 0.8% and 1.9% to $446.85 cardinal and $204.82 billion, respectively.

The apical 10 crypto assets each recorded gains implicit the past 24 hours. Polygon has continued its surge, increasing a further 4.6% implicit the past 24 hours. Meme coins Dogecoin and Shiba Inu brought up the rear, some gaining 0.7%.

Top 10 cryptocurenciesSource: CryptoSlate.com

The marketplace caps of Tether (USDT) and BinanceUSD (BUSD) stayed level astatine $68.19 cardinal and $16.19 billion, respectively. Meanwhile, USD Coin’s (USDC) marketplace headdress decreased to $41.55 billion.

Bitcoin

Over the past 24 hours, Bitcoin grew 0.8% to commercialized astatine $23,176 arsenic of 07:00 ET. Its marketplace dominance dropped to 41.2% from 41.4%.

During the reporting period, a bottoming astatine $22,770 was followed by a crisp emergence that peaked astatine $23,455. BTC has since been trading level with a sell-side bias.

Bitcoin chartSource: TradingView.com

Ethereum

Over the past 24 hours, Ethereum roseate 1.9% to commercialized astatine $1,674 arsenic of 07:00 ET. Its marketplace dominance roseate to 18.9% from 18.8%.

ETH’s terms enactment mostly followed BTC’s, uncovering enactment astatine $1,626 earlier trending higher to apical retired astatine $1,698. The second-largest cryptocurrency past followed a level trading pattern.

Ethereum chartSource: TradingView.com

Top 5 Gainers

OriginTrail

TRAC is the day’s biggest gainer, rising 63% implicit the reporting play to $0.43147 arsenic of property time. The token is benefiting from involvement successful AI projects. Its marketplace headdress stood astatine $157.69 million.

Chromia

CHR grew 30.1% to $0.22626 arsenic of property time. The task precocious announced the Chromia Innovation Lab 2023 – an incubation program. Its marketplace headdress stood astatine $155.34 million.

Axelar

AXL gained 28.1% implicit the reporting play to commercialized astatine $0.90764 arsenic of property time. The task announced partnering with Chainflip and Squid implicit concatenation integrations. Its marketplace headdress stood astatine $140.99 million.

 

The Sandbox

SAND jumped 22.9% to $0.88955 as of property time. The task signed an MoU with the Saudi Arabia Digital Government Authority. Its marketplace headdress stood astatine $1.33 billion.

Oasis Network

ROSE roseate 19.9% to $0.07057 arsenic of property time. The squad volition be Ethereum Denver to sermon Web3 privacy. Its marketplace headdress stood astatine $404.08 million.

Top 5 Losers

FLOKI

FLOKI is the day’s biggest loser, posting 7.2% losses to $0.00003 arsenic of property time. The task announced entering the Chinese market, contempt crypto restrictions successful the country. Its marketplace headdress stood astatine $279.42 million.

SingularityNet

AGIX decreased 6.7% to $1.33826 arsenic of property time. Despite today’s losses, the token is inactive up 646% implicit the past 30 days. Its marketplace headdress stood astatine $610.4 million.

Fetch

FET is down 5.5% to $0.50907 arsenic of property time. Its marketplace headdress stood astatine $416.89 million.

Frax Share

FXS dropped 4.9% implicit the reporting play to $1.13165 arsenic of property time. Despite the drawdown, the token is inactive up 123% implicit the past month. Its marketplace headdress stood astatine $905.91 million.

GMX

MAGIC fell 4.7% successful the past 24 hours to $68.9273. Its marketplace headdress stood astatine $582.72 million.

The station CryptoSlate Daily wMarket Update: Polygon leads apical 10 2nd time running appeared archetypal connected CryptoSlate.

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