more cryptocurrency Recently increasing. NS global crypto market cap According to information on CoinMarketCap, at the time of this article it was worth $1.99 trillion, which points to a drop of 7.60 percent over the past day. However, in contrast, the total crypto market volume At the time of writing this article, the total in the last 24 hours has gone up to $101.78 billion. This indicated an increase of 20.13 per cent for the same. Simultaneously, there are a few cryptocurrencies other than the usual bitcoin, which are worth noting as they have seen significant gains over the past 24 hours as per information from CoinMarketCap.
With that in mind, here are the top five gainers that the cryptocurrency market has seen during the last day.
Top 5 Cryptocurrency Gainers (According to CoinMarketCap Data)
1) Aqua Pig – $0.00000000014 – 689.25 percent change in last 24 hours
2) Gravitoken – $0.02383 – 263.75 percent change in the last 24 hours
3) CONTRACOIN – $0.2553 – 237.84 percent change in last 24 hours
4) Safebull – $0.00000001228 – Change of 225.76 percent in last 24 hours
5) Infinitycake – $0.0000007175 – 192.92 percent change in last 24 hours
At the other end of the cryptocurrency spectrum, we have the top ghost coins dominating the market. These include bitcoin, ethereum, cardano, etc. It should be noted that most of the top coins, including bitcoin, have displayed a tendency to trade red, especially at the time of this article. Bitcoin, Ethereum, Cardano, Binance Coin, all the top coins in the market, are trading in the red in the last 24 hours. According to information from CoinMarketCap, they have also been trading in the red for the past 7 days, in most cases.
According to the data analyzed, bitcoin was trading at $45,093.11, up 6.50 percent in the past 24 hours and up 1.45 percent during the week. Ether, the second most popular cryptocurrency, was trading at $3,164.36, or a decline of 8.09 percent during the last day. The coin was trading 1.58 per cent lower during the last seven days. Cardano, Tether and Binance Coin took the third, fourth and fifth positions respectively.
Speaking on the performance of the top cryptocurrency, ZebPay Trade Desk said, “Bitcoin (BTC) has been fairly range-bound over the past few days, trading between $45,000 – $48,000. This appears to be a consolidating phase in which the asset is moving. and the bears are preventing the asset from crossing the $48,000 mark, making it a strong psychological resistance level for BTC.”
Apart from these, Dogecoin and SHIBA INU, the so called ‘meme coins’, have garnered a lot of interest and attention over the past few months thanks to Tesla CEO and billionaire, Elon Musk. It all started when Musk announced the arrival of his new Shiba Inu puppy on Twitter, which he named Floki. Soon after, both Dogecoin and Shiba Coin saw a dramatic jump in prices as the infamous ‘Musk’ effect once again took over the cryptocurrency market. This propelled Dogecoin to the 9th position among the top crypto coins in the market. As of today it has once again dropped one spot and stood at $0.2159 and was trading with a decline of 9.69 percent during the last 24 hours.
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