CryptoSlate Daily wMarket Update – DEC. 1: Top 10 cryptocurrencies record mixed market performance CryptoSlate Daily wMarket Update – DEC. 1: Top 10 cryptocurrencies record mixed market performance
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
2 min read
Updated: Dec. 2, 2022 at 12:57 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
The cryptocurrency market cap saw net outflows of $3.99 billion over the last 24 hours and currently stands at $857.03 billion — down 0.41% from $861.02 billion over the reporting period.
Bitcoin’s market cap decreased by 0.64% to $327.06 billion, while Ethereum’s market cap increased by 0.20% to $157.74 billion
The top 10 cryptocurrencies had a mixed performance as some assets registered slight gains while others recorded losses. BTC lost 0.54%, while ETH gained 0.52% over the reporting period.
Over the reporting period, USD Coin’s (USDC)and BinanceUSD’s (BUSD) market cap decreased to $43.13 billion and $22.16 billion, respectively. Meanwhile, Tether’s (USDT) market cap remained flat at $65.36 billion.
Bitcoin
Bitcoin lost 0.54% to trade at $17,007 as of 07:00 ET. Its market dominance remained flat at 38.1%.
During the last 24 hours, Bitcoin mostly traded below the $17,000 level.
Ethereum
ETH posted 0.52% gains over the last 24 hours to trade at $1,289 as of 07:00 ET. As a result, its market dominance increased to 18.4% from 18.3% over the reporting period.
ETH was able to maintain its price above the $1,200 mark during the last 24 hours.
Top 5 Gainers
Acala Token
ACA is the day’s biggest gainer, growing by 23.85% over the last 24 hours to $0.14 as of press time. The token has grown by over 24% in the last seven days. Its market cap stood at $80.39 million.
WEMIX
WEMIX gained 22.71% over the reporting period to trade at $0.54 as of press time. Its market cap stood at $132.9 million.
Trust Wallet Token
TWT is up 17.2% in the last 24 hours to $1.048. The self-custodial token has grown 12% over the last seven days. Its market cap stood at $246.62 million.
dYdX
The DEX token saw 11% gains to trade at $1.88 as of press time. Its market cap stood at $123.68 million.
HEX
HEX grew by 10.7% to 0.031. Its market cap stood at $5.51 billion.
Top 5 Losers
MobileCoin
MOB fell 11.01% over the reporting period to $1.16. Its market cap stood at $86.22 million.
Fruits
FRTS decreased 10.84% over the last 24 hours to $0.006. Its market cap stood at $135.72 million.
Icon
ICX continued its poor price performance, crashing by 6.57% to $0.18 as of press time. Its market cap stood at $170.09 million.
HI
HI is among the day’s biggest losers for the third consecutive day. It lost 4.44% of its value to trade at $0.027 as of press time. Its market cap stood at $80.86 million.
Dogecoin
DOGE fell 4.34% over the reporting period to erase the gains it made earlier in the week. Its market cap stood at $13.28 billion
Mentioned in this article
Bitcoin 
WEMIX 
ICON 
MobileCoin 
Acala Token 
dYdX (Native) 
Dogecoin 
Fruits 
Trust Wallet Token 
Ethereum 
HEX Posted In: Wrapped
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.
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.
WEMIX
$1.75463
Wemix is a blockchain based Global Gaming Platform developed by Wemade Tree that issubsidiary company of WEMADE as its flagship blockchain gaming services arm.
ICON
$0.24287
Founded in August 2017, ICON has spent many years fostering its L1 ecosystem and pushing for sustainable cross-chain development infrastructure.
MobileCoin
$0.08824
MobileCoin is designed to be deployable in normal resource-constrained environments like mobile devices, and to deliver a simple user experience along with privacy and security..
Acala Token
$0.11534
Acala is an all-in-one decentralized finance network offering a blockchain platform.
dYdX (Native)
$2.22200
DYDX is a governance token that allows the dYdX community to truly govern the dYdX Layer 2 Protocol.
Dogecoin
$0.15226
Dogecoin is a cryptocurrency created in December 2013 as a joke by software engineers Billy Markus and Jackson Palmer.
Fruits
$0.00002
Fruits Eco-Blockchain Project provides an eco-friendly blockchain that aims to revitalize global charity together with athletes.
Trust Wallet Token
$1.09518
Trust Wallet Token (TWT) is the official token of Trust Wallet, a user-friendly and versatile mobile cryptocurrency wallet that supports a wide range of assets across various blockchains.
Ethereum
$3,165.88
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).
HEX
$0.00176
HEX is a cryptocurrency launched in late 2019 by the founder going by the name “Richard Heart” and “RadicalHeart.” It is an ERC20 token built on the Ethereum blockchain, with a maximum supply of 633,642,618,630 HEX tokens.
