Dogecoin continues spectacular run as BTC, ETH flatlines

Dogecoin continues spectacular run as BTC, ETH flatlines

by Jeremy

The cryptocurrency market cap noticed internet outflows of $17.26 billion over the previous 24 hours, pushing the full to $980.76 billion from $998.02 billion as of press time. The market cap fell by 1.68% over the past 24 hours.

Over the reporting interval, Bitcoin and Ethereum market cap decreased by 1.84% and a couple of.73% to $388.13 billion and $184.45 billion, respectively.

All crypto belongings within the high 10 cryptocurrencies recorded losses over the reporting interval, besides Dogecoin, which is up 5.64%. Bitcoin and Ethereum are each down over 2%.

CryptoSlate wMarket update
Prime 10 Cryptocurrencies (Supply: CryptoSlate.com)

The market cap of Tether (USDT) and USD Coin (USDC) barely elevated to $68.89 billion and $43.98 billion, respectively. In the meantime, BinanceUSD (BUSD) market cap decreased to $21.57 billion.

Bitcoin

Bitcoin worth fell by 2.07% to commerce at $20,199 as of 06:30 ET. Its market dominance additionally decreased to 39.5% over the reporting interval.

BTC printed two large crimson candles round 15:00 UTC, which despatched its worth tumbling towards $20,200 from over $20,500. Nonetheless, the flagship digital asset traded above the $20,000 mark for the remainder of the day.

CryptoSlate wMarket update
BTC 24-Hour Value Efficiency (Supply: Tradingview)

Ethereum

Ethereum decreased by 2.79% within the final 24 hours, exchanging fingers for $1,506 as of 06:30 ET. Its market dominance additionally fell to 18.8% as of press time.

Like BTC, ETH printed a considerable crimson candle round 15:00 UTC, which despatched its worth to $1510. The asset briefly traded below the $1500 mark however rapidly recovered above it once more.

CryptoSlate wMarket update
ETH 24-Hour Value Efficiency (Supply: Tradingview)

Prime 5 Gainers

Fruits

FRTS is the most important gainer over the reporting interval, rising 34.38% to $0.12 as of press time. It was unclear why the charity protocol token’s worth rose as of press time. Its market cap stood at $246.15 million.

Osmosis

OSMO is the native token of an AMM DEX on the Cosmos blockchain. The token’s worth elevated by 32.49% to $1.71 as of press time, following Binance resolution to listing it in its innovation zone. Its market cap stood at $481.34 million.

TerraUSD

USTC is on the highest gainer’s listing once more after rising by 12.93% within the final 24 hours to $0.042 as of press time. The failed stablecoin neighborhood has elevated talks about serving to it to regain its peg in opposition to the US Greenback.

Ocean Protocol

OCEAN’s worth grew by 11.01% to $0.19 within the final 24 hours. The file-sharing blockchain community is up 21% on the seven days metrics. Its market cap stood at $114.4 million.

CEEK VR

CEEK rose 10.36% within the final 24 hours to commerce at $0.14 at press time. The digital reality-linked token had elevated by 15.6% within the earlier seven days. Its market cap stood at $116.81 million.

Prime 5 Losers

WEMIX

WEMIX  is the day’s greatest loser for the second consecutive day. It misplaced 13.79% of its worth to commerce at $1.28 as of press time. The gaming dApps platform is down over 28% within the final 30 days. Its market cap stood at $407.03 million.

Aptos

The newly launched layer1 blockchain is again among the many high losers. Its token fell 13.07% over the reporting interval, buying and selling at $8.09 as of press time. Its market cap stood at $1.05 billion.

Toncoin

After having fun with a stable constructive run over the previous week, TON is down 12.47% within the final 24 hours, buying and selling for $1.66 as of press time. Its market cap stood at $2.02 billion.

Synapse

SYN recorded a ten.22% loss over the past 24 hours to commerce at $1.02 as of press time. The cross-chain protocol has skilled relative stability over the previous seven days, rising by over 8%. Its market cap stood at $143.6 million.

Braintrust

BTRST plunged 10.18% over the reporting interval to $1.55. It was unclear why the token had skilled excessive volatility over the past 24 hours. Its market cap stood at $190.53 million.

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