AI tokens shine despite wider market sell-off
Since the last wMarket report, cryptocurrency market cap has registered a net outflow of $17.5 billion and is now at $1.06 trillion, down 1.6% from $1.08 trillion.
During the reporting period, the market caps of Bitcoin and Ethereum fell by 2.7% and 0.81% respectively to $441.19 billion and $199.95 billion.
The top 10 crypto assets have posted losses across the board over the past 24 hours. Solana was the biggest loser with him down 4.2% and Polygon down his 3.7%. BNB was the best performer, down 2%.
Over the weekend, the market caps of Tether (USDT) and BinanceUSD (BUSD) climbed to $68.07 billion and $16.26 billion respectively. In contrast, USD Coin (USDC) fell to $41.97 billion.
Bitcoin
Over the past 24 hours, Bitcoin has fallen 2.4%, trading at $22,830 as of ET 07:00. Its market dominance fell from 41.9% to 41.5%.
Since February 3rd, BTC has fallen from its local high of $23,730 and found support at $22,646 on February 4th after the plunge that started on Sunday morning (ET).
ethereum
Over the past 24 hours, Ethereum has fallen 2%, trading at $1,630 as of 07:00 ET. Its market dominance increased from 18.7% to 18.8%.
Since February 3, ETH has peaked at $1,696, leading to a selloff that saw two support retests near $1,609.
top 5 price increases
singularity net
AGIX was the biggest one-day gainer, rising 24.8% to reach $ in the reporting period0.44760 Press time now. The company recently announced bootstrapping multiple companies in the DeFi, robotics, biotech and longevity, games and media, arts and entertainment (music), and enterprise-level AI sectors.Its market capitalization was $536.72 a million.
fetch
FET increased by 24.5% to $0.441906 of press time. Mainnet transactions recently surpassed 5 million.Its market capitalization was $361.88 a million.
Alethea artificial liquid intelligence
ALI rose 23.3% during the reporting period and traded in $.0.05341 Press time now. The token is up over 360% over the past month.Its market capitalization was $191.63 a million.
Numeraire
NMR is up 19.5% to $23.3175 Press time now. The AI narrative reasserts itself following last week’s lull.Its market capitalization was $137.3 a million.
jasmy coin
JASMY jumped from 11.9% to $0.00708 Press time now. The token is up over 95% over the past month.Its market capitalization was $329.76 a million.
top 5 losers
voyager token
VGX was the biggest loser of the day, posting a 12.47% loss to $0.50152 Press time now. Alameda Research recently filed a lawsuit against Voyager.Its market capitalization was $139.67 a million.
phantom
FTM fell 10.2% to $ during the reporting period0.54986 Press time now.Its market capitalization was $1.53 a billion.
looks rare
LOOKS has fallen 9.9% to $ over the last 24 hours0.30222Despite today’s losses, the token is up 92% over the last 30 days.Its market capitalization was $141.91 a million.
MetisDAO
METIS fell 9.3% to $36.9774 Press time now.Its market capitalization was $163.8 a million.
Wimix
WEMIX is 9% cheaper than $1.33826 Press time now.Its market capitalization was $336.6 a million.