CryptoSlate Daily wMarket Update: Dogecoin bounces back to lead top 10 cryptos
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Over the last 24 hours, the cryptocurrency market cap saw net outflows of $1.08 billion and currently stands at $811.42 billion — down 0.13%.
Bitcoin’s market cap fell 0.2% to $324.13 billion. In contrast, Ethereum’s market cap grew 0.2% to $149.11 billion.
The top 10 cryptocurrencies posted a mixed performance over the last 24 hours. Dogecoin recorded the most significant gains, up 4.4%. Meanwhile, BNB posted the worst performance, down 1.2%.
Over the reporting period, the market caps of Tether (USDT), USD Coin (USDC), and BinanceUSD (BUSD) all recorded marginal decreases to $66.25 billion, $44.30 billion, and $18.02 billion, respectively.
Bitcoin
Over the last 24 hours, Bitcoin fell 0.2% to trade at $16,848 as of 07:00 ET. Its market dominance fell slightly to 39.9% from 40.0%.
BTC peaked at $16,920 yesterday morning (ET) during the reporting period. The leading cryptocurrency has since been ranging between $16,730 and $16,869.
Ethereum
Ethereum recorded a gain of 0.2% over the last 24 hours to trade at $1,218 as of 07:00 ET. Its market dominance grew slightly to 18.4% from 18.3% over the reporting period.
Since the previous report, ETH recorded a $1,224 top on Wednesday morning (ET). This was followed by a ranging pattern between $1,207 and $1,222.
Top 5 gainers
Helium
HNT increased 24.7% to $2.11969 as of press time. The firm recently teased details of a new mobile explorer. Its market cap stood at $286.12 million.
Fetch
FET rose by 15.9% in the last 24 hours to $0.09672. The token is up 65.6% over the past month. Its market cap stood at $79.2 million.
Numeraire
NMR was up 9.5%over the reporting period to $13.2746 as of press time. Its market cap stood at $78.17 million.
Hooked Protocol
HOOK gained 7.3% over the reporting period, trading at $1.50339 as of press time. Its market cap stood at $75.17 million.
Ocean Protocol
OCEAN recorded 6.6% gains to $0.16888 over the last 24 hours. Its market cap stood at $103.54 million.
Top 5 losers
Mass Vehicle Ledger
MVL decreased 16.5% to $0.00331 as of press time. The token was a top gainer yesterday. Its market cap stood at $73.58 million.
LUKSO
LYXe fell 8.5% to $5.44648 over the reporting period. Like MVL, this token was a top gainer yesterday. Its market cap stood at $83.91 million.
Frax Share
FSX fell 8.8% over the reporting period to $0.79206 as of press time. Its market cap stood at $75.62 million.
Lisk
LSK decreased by 7.6% to $0.73227 as of press time. Its market cap stood at $94.39 million.
MAGIC
MAGIC fell 6.5% to $0.60609 over the last 24 hours. Its market cap stood at $124.31 million.