NS global crypto market cap It stood at $1.92 trillion on Thursday, indicating a 2.71 percent increase during the previous day. the whole crypto market According to information from CoinMarketCap, the trading volume in the last 24 hours was $94.49 billion, indicating an increase of 1.06 percent over the same period. At the time of this article, the total DeFi volume was $15.08 billion or 15.96 percent of the total 24-hour volume of the crypto market. It should also be noted that all stablecoins accounted for $77.17 billion in volume, or 81.67 percent of the total. cryptocurrency market volume.
With this in mind, the cryptocurrency market saw some significant changes in terms of top gainers and losers during the past 24 hours. The top performing crypto coins were up almost 65,000 percent in the last 24 hours. According to information from CoinMarketCap on Thursday, the biggest gainer was CryptoZoo (New), which was priced at $0.0001364. The data indicates that the altcoin has gained 64,434.96 percent in the last 24 hours, which is a huge jump for any coin. After that, the second place finisher was leaving a lot to be desired as it left a huge gap in terms of percentage achieved. Aventus, which was behind Cryptozoo, was priced at $1.14 and was trading in the green at 197.60 percent over the past 24 hours.
In terms of top losers in the crypto market, the altcoin was performing quite well as compared to the losers on Thursday. The biggest loser was DogePepsi with a price of $0.000000000295. The coin had fallen 67.91 per cent during the day. At the bottom of the top five losers was an altcoin called ‘Boring Protocol’, which was priced at $0.06141 and fell by 47.75 percent during the previous day.
Top 5 Cryptocurrency Gainers (According to CoinMarketCap Data)
1) Cryptozoo (New) – $0.0001364 – 64,434.96 percent change in last 24 hours
2) Aventus – $1.14 – 197.60 percent change in last 24 hours
3) Blockchain Exchange Alliance – $0.0005876 – 197.57 percent change in last 24 hours
4) Marsan Exchange Token – $0.07548 – 181.10 percent change in last 24 hours
5) Uniswap Finance – $0.04941 – 158.03 percent change in last 24 hours
Top 5 Crypto Losers (According to CoinMarketCap Data)
1) DogePepsi – $0.000000000295 – traded down 67.91 percent in the last 24 hours
2) Blockcloud – $0.00009511 – 62.49 percent traded in the last 24 hours
3) E-Coin Finance – $0.0000000001613 – Traded down 50.63 percent in last 24 hours
4) New BTC – $187.16 – Traded down 49.00 percent over the last 24 hours
5) Boring Protocol – $0.06141 – traded down 47.75 percent over the last 24 hours
Coming to the top cryptocurrencies in the market, bitcoin was performing well today as it was trading in the green by 2.22 percent with a price of $43,406.29 over the past 24 hours. However, during the last week, the coin saw a fall of 1.43 per cent. The second-ranked coin, Ethereum, was performing well in the last 24 hours with a rise of 2.72 percent and a price of $3,009.45. The cryptocurrency was trading with a decline of 3.57 percent in the last 7 days.
Speaking on the performance of bitcoin, CoinDCX said, “Bitcoin continues to consolidate with several retracements to the critical sub-$40,000 range, with the 100-day simple moving average trading at US$41,221. Ethereum hits its first major. It broke the resistance level, trading at $2,966.71 at the time of writing. For the past two weeks, the liquidation size has been trending lower, which is a positive sign, indicating that long-term holders are yet to sell the recent decline is, and has continued to accumulate and remain in the market.
Touching on the performance of the overall crypto market, Siddharth Menon, COO WazirX said, “It has been 3 weeks or so for the crypto markets. The markets remain overall sluggish depending on the trend pattern. Overall The crypto market is moving within a descending triangle pattern. An upside breakout at this juncture is highly unlikely as the dollar index is consolidating day by day and since stocks, gold, cryptocurrencies etc. are directly in opposition to the dollar, the dollar A sharp drop in the index will not result in crypto markets.”
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