CryptoSlate Daily wMarket Update: Dogecoin leads top 10 assets bullish market sentiment CryptoSlate Daily wMarket Update: Dogecoin leads top 10 assets bullish market sentiment
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
3 min read
Updated: Feb. 15, 2023 at 12:46 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
The cryptocurrency market cap saw net inflows of $30 billion in the last 24 hours and currently stands at $1.04 trillion — up 3.21 % from $1.01 trillion.
During the reporting period, Bitcoin and Ethereum’s market cap rose 3.80% and 4.87% to $436.91 billion and $193.59 billion, respectively.
The top 10 crypto assets recorded gains over the last 24 hours. Dogecoin, Polygon, Cardano, and Shiba Inu rose the highest — increasing by over 6%.
In the last 24 hours, the market cap of Tether (USDT) increased to $69.51 billion. On the other hand, the market caps of USD Coin (USDC) and Binance USD (BUSD) market cap fell to $41.0 billion and $15.09 billion, respectively.
Bitcoin
In the last 24 hours, Bitcoin gained 3% to trade at $22,466 as of 07:00 ET. Its market dominance decreased to 41.7% from 41.8%.
BTC rose above the $22,000 barrier during the reporting period around 09:00 (UTC -5). The flagship digital asset rallied despite the unexpected Consumer Price Index (CPI) numbers showed inflation grew 6.4% year-on-year (YoY).
Ethereum
Over the last 24 hours, Ethereum rose 4.3% to trade at $1,572 as of 07:00 ET. Its market dominance rose to 18.5% from 18.3%.
ETH’s price action mirrored BTC’s — trading upwards — as the bulls took control of the market during the reporting period.
Top 5 Gainers
Floki Inu
FLOKI is the day’s biggest gainer, rising 41.5% over the reporting period to $$0.00003 as of press time. The meme coin has rallied following Elon Musk’s latest meme tweet about making his dog Twitter’s CEO. Its market cap stood at $292.11 million.
Stargate Finance
STG rose 19.91% to $$0.88814 in the last 24 hours. The project has enjoyed positive price actions since its developers proposed to reissue 1 billion tokens over concerns about Alameda’s compromise. Its market cap stood at $137.74 million.
Magic
MAGIC gained 18.89% in the last 24 hours to trade at $$1.77029. It was unclear why the token was rising as of press time. Its market cap stood at $370.64 million.
Immutable X
IMX increased 17.69% to $$1.13407 as of press time. The nFT project has rallied over 85% in the last 30 days. Its market cap stood at $900.17 million.
RenderToken
RNDR jumped 16.46% to $$1.78691 as of press time. The project developers cleared the air of the several large transactions on its Treasury wallet, raising investors’ interest in the ecosystem. Its market cap stood at $453.52 million.
Top 5 Losers
GensoKishi Metaverse
MV is the day’s biggest loser, falling 8.48% to $$0.16927 as of press time. The NFT-related token is on the top losers’ list for the second consecutive day, continuing its poor price performance over the last seven days. Its market cap stood at $289.33 million.
LooksRare
LOOKS lost 8.14% and was trading for $$0.28486 as of press time. The NFT marketplace has seen less interest recently, especially with the rise of rivals like Blur. Its market cap stood at $133.75 million.
TerraUSD
USTC fell 5.61% to $$0.02951 as of press time. The failed algorithmic stablecoin shed part of its gains on Feb. 14 when it rallied by over 16%. Its market cap stood at $289.18 million.
LUKSO
LYXe shed 4.72% over the reporting period to $$10.3705. The blockchain network’s token declined by 7% over the last seven days. Its market cap stood at $159.77 million.
Energy Web Token
EWT plunged 3.55% to $3.85052 as of press time. Its market cap stood at $115.75 million.
Mentioned in this article
Bitcoin 
Ethereum 
TerraClassicUSD 
GensoKishi Metaverse 
LUKSO (Old) 
Render 
Energy Web Token 
LooksRare 
FLOKI 
Immutable 
Treasure Author 
Oluwapelumi Adejumo
Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.
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In this article
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Ethereum
$3,471.66
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).
TerraClassicUSD
$0.02113
TerraUSD (UST) is a decentralized and algorithmic stablecoin on the Terra blockchain.
GensoKishi Metaverse
$0.01354
GENSOKISHI Online, is the new GameFi version of an award winning Nintendo Switch/PS4 game called “Elemental Knights”, that has been vigorously played for 13 years and has accumulated a total of 8 million downloads worldwide.
LUKSO (Old)
$2.57974
LUKSO, the Blockchain for the new digital lifestyle is created by former Ethereum Developer Fabian Vogelsteller, author of ERC20 and ERC725, developer of web3.js and the Mist Browser.
Render
$7.47792
Rendertoken is a decentralized economy of 3D assets utilizing the global network of GPU devices through its cloud rendering technology.
Energy Web Token
$1.50142
Energy Web Token (EWT) is the native token of the Energy Web Chain, a public, Proof-of-Authority Ethereum Virtual Machine blockchain specifically designed to support enterprise-grade applications in the energy sector.
LooksRare
$0.06017
LOOKS is the token powering LooksRare, the community-focused NFT marketplace that actively rewards traders and creators for participating.
FLOKI
$0.00018
Floki (FLOKI) is the people’s cryptocurrency and the utility token of the Floki Ecosystem.
Immutable
$1.44962
Immutable X positions itself as the first layer-two scaling solution for NFTs on Ethereum.
Treasure
$0.44054
Treasure is the decentralized video game console connecting games and communities together through bottom-up driven IP and infrastructure, unified through a common set of composable resources.