NS global crypto market cap It stood at $1.87 trillion on Wednesday, indicating that it had fallen 0.91 percent during the last day. According to information from CoinMarketCap, the total crypto market volume in the last 24 hours was $93.56 billion, indicating a decrease of 3.88 percent over the same time period. At the time of this article, total DeFi volume stood at $16.11 billion, or 17.22 percent of the total crypto market’s 24-hour volume. It should also be noted that all stablecoins accounted for $77.08 billion in volume or 82.38 percent of the total crypto market volume.
With this in mind, there were some new altcoins on the scene that was making significant waves like top beneficiary And there are losers on the crypto market today. In terms of the top five recipients, DogePepsi took the top spot with a price of $0.0000000001062. The cryptocurrency is up 1,490.57 percent in the last 24 hours. The number two and three spots were the ForeverFOMO and GravitX altcoins, respectively. ForeverFOMO was priced at $0.01428 as it was trading up 816.87 percent in the last 24 hours. GravitX was priced at $1.69 and was increasing by 471.66 percent compared to the previous day. At the bottom of the top five were the hamster and DailySwap tokens with a price tag of $0.0000000001137 and $358.74, respectively. The hamster rose 358.74 percent during the past day, while the DailySwap token rose 354.32 percent.
In terms of top losers in the crypto market, KPOP Fan Token was ranked top with a price of $0.0004143. The altcoin had lost 94.71 percent during the previous day. Other coins in the top five fell between 82.37 per cent and 50.26 per cent during the last 24 hours.
Top 5 Cryptocurrency Gainers (According to CoinMarketCap Data)
1) DogePepsi – $0.0000000001062 – Change of 1,490.57 percent in last 24 hours
2) ForeverFOMO – $0.01428 – 816.87 percent change in last 24 hours
3) GravitX – $1.69 – 471.66 percent change in last 24 hours
4) Hamster – $0.0000000001137 – 358.74 percent change in last 24 hours
5) DailySwap Token – $358.74 – 354.32 percent change in last 24 hours
Top 5 Crypto Losers (According to CoinMarketCap Data)
1) KPOP Fan Token – $0.0004143 – Traded down 94.71 percent in the last 24 hours
2) Gambler Shiba – $0.0000002218 – traded 82.37 percent in last 24 hours
3) Ivanesco – $0.07904 – traded down 75.67 percent over the last 24 hours
4) Golden Ratio coin – $0.03936 – traded with a decline of 67.54 percent in the last 24 hours
5) Oremus Ecosystem – $0.0001253 – traded down 50.26 percent in the last 24 hours
On the other side of the spectrum, we have the more famous coins. Bitcoin, the top cryptocurrency, was trading at $42,316.91 on Wednesday. It had lost 0.75 per cent during the previous day. Data from CoinMarketCap showed that at the time of this article, the top coin’s market dominance stood at 42.65 percent, up 0.13 percent during the day. During the week, bitcoin showed an increase of 1.00 percent.
Recently speaking on the performance of bitcoin, the CoinDCX research team said, “Despite China’s crypto ban plunging crypto prices, investors took it optimistically, with US$50.2 million assets backed by bitcoin last weekend.” branch.”
“Through numerous sanctions, sanctions and regulatory scrutiny around the world, the resilience of the crypto industry has been tested time and again. Even with the recent fears of China’s crypto sector, we are confident that the industry The potential and growing global adoption will propel the sector through such challenges,” CoinDCX said.
Siddharth Menon, COO, WazirX, said, “The market is still recovering from another series of panic-driven selloffs. Bitcoin remains bearish. The BTC trend is seen as a descending wedge pattern indicating a trend reversal in the near future. We can potentially see buying momentum from the $41,000 support level, failing which BTC could drop to the $40K level.”
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