Home » Polkadot sees slight gain as market rut continues

Polkadot sees slight gain as market rut continues

by admin

The cryptocurrency market cap has seen a net outflow of $1.11 billion in the last 24 hours, boosting the total to $929.47 billion at the time of writing.

Bitcoin market cap fell 0.17% to $369.77 billion during the reporting period. Meanwhile, Ethereum’s market cap increased by 0.65% to $164.58 billion.

The top 10 cryptocurrencies posted losses, with the exception of Polkadot, which posted a slight gain of 0.94%. Bitcoin lost his 0.81% of its value during the reporting period, while Solana (SOL) had the biggest loss as he fell 2.9%.

CryptoSlate wMarket Update
Top 10 Cryptocurrencies (Source: CryptoSlate)

The market caps of Tether (USDT) and BinanceUSD (BUSD) increased slightly to $68.47 billion and $21.62 billion respectively. USD Coin (USDC) market cap was flat at $43.8 billion.

Bitcoin

Over the past 24 hours, the Bitcoin price has fallen 0.81%, trading at $19,277 as of 06:30 ET. Its market dominance was 39.82% during the reporting period.

The flagship digital asset peaked at $19,435 during early trading hours on Oct. 24. The asset traded mostly sideways for the rest of the day, bottoming out at $19,206.

CryptoSlate wMarket Update
BTC 24 Hour Price Performance (Source: Tradingview)

ethereum

Ethereum price is trading at $1,344, down 0.45% as of 06:30 ET. Over the last 24 hours, market domination was 17.7%.

During the reporting period, the second largest cryptocurrency printed a giant red candle around 09:00 UTC, dropping its value to around $1325. However, it traded mostly flat for the rest of the day, peaking at $1355.

CryptoSlate wMarket Update
24 Hour Price Performance of ETH (Source: Tradingview)

top 5 price increases

ABBC Coin

ABBC was the biggest gainer of the day, gaining 17.72% during the reporting period and trading at $0.17 at the time of writing. It’s unclear why token cryptocurrency payment-based e-commerce platforms rose at press time. Its market cap was he $171.14 million.

clayton

KLAY has grown 10.15% and is trading at $0.20 at the time of writing. South Korea-based Blockchain Network Foundation has launched a buyback to stabilize its ecosystem. The network has also passed new proposals to reduce block rewards. Its market cap was he $625.02 million.

Hexadecimal

HEX is up 9.64% over the last 24 hours and is currently trading at $0.038. The world’s first certificate of deposit network offers premium interest rates to users who lock their tokens. Its market capitalization was $6.76 billion.

ton coin

TON grew by 8.58% during the reporting period and is trading at $1.37808 at the time of writing. The token was in heavy demand on Thursday night and saw its price skyrocket. Its market cap was he $1.68 billion.

ribbon finance

RBN is up 6.31% and is trading at $0.366 at the time of writing. The token is up 35% over the last 30 days. Its market capitalization was $209.47 million.

top 5 losers

ukid coin

UQC is the biggest loser of the day. It has lost 11.67% over the last 24 hours and is trading at $9.507 at the time of writing. The digital token’s price performance has declined, losing more than 13% of its value over the past seven days. Its market capitalization he was $95.08 million.

Urb

AAVE has lost 5.48% in the last 24 hours and is trading at $82.93 at the time of writing. DeFi protocols have performed well this past week for him. Its market capitalization was $1.17 billion.

Immutable X

The IMX is down 5.15% over the last 24 hours and is trading at $0.53 at the time of writing. NFT-related tokens have been trending downward since the beginning of the month, losing 26.64% of their value. Its market cap was he $125.28 million.

Luxo

LYXe is down 4.99% over the last 24 hours, trading at $7.47 at the time of writing. The crypto token market cap is $112.77 million.

symbol

XYM is down 4.67% and is trading at $0.03 at the time of writing. The value of the token has increased by over 8.75% over the last 7 days. Its market capitalization was $217.91 million.

Related Posts

Leave a Comment