Cryptocurrency

Axie Infinity records surprise 40% gains

Cryptocurrency market capitalization has registered a net inflow of $73.96 billion since the last report on Jan. 20 and is now at $1.05 trillion, up 7.6% from $976.82 billion .

Bitcoin and Ethereum market caps have increased by 9% and 5.6% respectively since January 20 to $440.68 billion and $200.39 billion.

In the last 24 hours, all of the top 10 cryptocurrencies, with the exception of Cardano and Solana, lost 1% and 1.5% during the reporting period. Dogecoin leads the top 10, up 4.6%, followed closely by XRP at 4.1%.

top 10 cryptocurrencies
Source: CryptoSlate.com

The market caps of Tether (USDT) and USD Coin (USDC) increased to $66.76 billion and $43.65 billion respectively. In contrast, the market cap of BinanceUSD (BUSD) decreased to $16.04 billion.

Bitcoin

Over the past 24 hours, Bitcoin is up 0.3% and is trading at $22,874 as of ET 07:00. Its market share increased from 41.4% to 42%.

Since January 20th, BTC has surged sharply, reaching $23,388 on Saturday. The subsequent downtrend saw him find support at $22,299 on Sunday night London time.

bitcoin chart
Source: TradingView.com

ethereum

Ethereum has grown 0.6% over the past 24 hours and is trading at $1,636 as of 07:00 ET. Its market dominance fell from 19.4% to 19.1%.

ETH mirrored Bitcoin price volatility, peaking at $1,680 before finding support at $1,603 early Sunday morning London time. The token is currently fluctuating between $1,628 and $1,643.

ethereum chart
Source: TradingView.com

top 5 price increases

Axie Infinity

AXS was the largest single-day gainer, growing 39.5% to $ during the reporting period12.8113 Press time now. The reason for the price spike is unknown at this time. Its market capitalization was $1.2 billion.

STEPN

GMT rose 25.9% to $ over the last 24 hours0.63895The project recently announced several updates, including an IRL event and additions to its roadmap.Its market capitalization was $383.37 a million.

smooth love potion

SLP rose 24.1% in $ over the last 24 hours0.00342Axie Infinity’s in-game currency has risen over 54% in the last month.Its market capitalization was $145.65 a million.

hooked protocol

HOOK earned 19.9% ​​for trading on $2.72438 Press time now. Gaming tokens have risen over 60% in the last 7 days.Its market capitalization was $136.22 a million.

RenderToken

RNDR rose 19.2% in $ over the last 24 hours0.79934The token is up over 87% over the last 30 days.Its market capitalization was $202.87 a million.

top 5 losers

Luxo

LYXe was the biggest loser of the day, dropping 14.8% to $ in the reporting period9.15080 Press time now.Its market capitalization was $140.98 a million.

serum

SRM fell 7.2% to $ during the reporting period0.40846Solana-based DEX has made a comeback after severing ties with FTX. Despite today’s plunge, SRM is up 185% over the last 30 days.Its market capitalization was $107.52 a million.

SingularityNET

AGIX fell 6.2% to $0.18267 Press time now. Despite today’s dip, AGIX is up more than 262% over the past 30 days on the back of interest in AI.Its market capitalization was $219.04 a million.

Biggert

BRISE has fallen 4.9% to $ over the last 24 hours0.000000359454Its market capitalization was $140.77 a million.

looks rare

LOOKS has fallen 5.4% to $ over the last 24 hours0.22047Its market capitalization was $103.52 a million.

Posted In: Bitcoin, Wrapped

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