Gaming tokens Axie Infinity, Gala, Decentraland shine in flat market
The cryptocurrency market registered a net outflow of $2.6 billion over the past 24 hours and is now at $1.12 trillion, down 0.2% from $1.13 trillion.
During the reporting period, Bitcoin (BTC) and Ethereum (ETH) market caps fell by 0.6% and 0.4% respectively to $520.51 billion and $217.14 billion.
The top 10 crypto assets have posted mixed performance over the last 24 hours. Following Judge Hinman’s rejection of the SEC’s motion to seal the Hinman dossier, XRP led the way with a 5.5% gain, followed by Litecoin with a 4.1% gain as the halving progressed. Solana surfaced backwards and posted a 1.2% loss.
The market caps of Tether (USDT), USD Coin (USDC) and Binance USD (BUSD) dropped to $82.84 billion, $29.64 billion and $5.55 billion respectively.
Bitcoin is down 0.6% over the past 24 hours, trading at $26.864 as of 7:00 ET. Market power fell from 46.5% to 46.4%.
During the reporting period, BTC hit a high at $27,245 by Tuesday evening (Eastern time), leading to an accelerated downtrend earlier today and finding support at $26,760.
Over the past 24 hours, Ethereum is down 0.4%, trading at $1,805 as of 07:00 ET. Market power fell from 19.4% to 19.3%.
During the reporting period, ETH showed an upward trend that peaked at $1,837 on Tuesday night (Eastern time), leading to a price drop and bottoming out at $1,803 earlier today. A narrow range pattern followed, with ETH closing the subsequent 15-minute candlesticks between $1,804 and $1,808.
Top 5 climbers
AXS was the biggest gainer of the day, rising 13% to the dollar over the past 24 hours.7.69020 At the time of writing this article. Axie Infinity game is now on the Apple App Store.Its market capitalization was $899.42 a million.
GALA gains 12.5% to the dollar0.03417 over the last 24 hours. The project has moved to a new contract address as part of an expansion plan that includes a token burn.Its market capitalization was $238.43 a million.
MANA gains 9.3% over the last 24 hours to the dollar0.51553 At the time of writing this article. The project will host a “wearable Wednesday” Twitter space today.Its market capitalization was $968.31 a million.
RNDR rose 6.6% to the dollar1.97746 At the time of writing this article. Twitter hit the milestone of 88,000 followers on Tuesday.Its market capitalization was $719.62 a million.
DASH gains 5.3%, trades in dollars44.8293 and writing time. Dash recently hosted a core development update.Its market capitalization was $505.67 a million.
top 5 losers
HEX was the biggest loser of the day, down 20%. $0.02793 At the time of writing. PulseChain mainnet was recently released.this is Market capitalization was $4.84 a billion.
TOMI fell 10.9%, traded in dollars3.33286. CryptoDiffer pointed out that tomiNET is the leading project by Daily Active Addresses for the past 30 days.ITS market cap was $132.12 a million.
DAO plummets 9.4%, trades in dollars1.40297 As of press time. DAO Maker rose to the top five yesterday on the back of interest in his Tenet layer 1 chain that the company is nurturing. it’s meterArquette’s cap was $201.95 a million.
KAS fell 9.1% against the dollar0.01909 during the reporting period. The project recently provided a Rust Development Update.ITS market cap was $354.45 a million.
EDU fell 6.3% to the dollar.1.10943 during the reporting period. The project recently established the Global Educators Fund.thathad a market capitalization of $161 a million.