CryptoSlate Daily wMarket Update: TRON leads top 10 as markets trade flat CryptoSlate Daily wMarket Update: TRON leads top 10 as markets trade flat
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. 21, 2022 at 12:57 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Over the last 24 hours, the cryptocurrency market cap saw net inflows of $1.17 billion and currently stands at $812.5 billion — up 0.14%.
Meanwhile, Bitcoin and Ethereum’s market cap grew 0.4% and 0.3% to $324.83 billion and $148.89 billion, respectively.
The top 10 cryptocurrencies posted a mixed performance over the last 24 hours. TRON recorded the most significant gains, up 2%. In contrast, Cardano brings up the rear, down 2%.
Over the reporting period, the market cap of Tether (USDT) recorded marginal gains to $66.26 billion. Meanwhile, USD Coin (USDC) and BinanceUSD (BUSD) saw slight decreases to $44.41 billion and $18.06 billion, respectively.
Bitcoin
Over the last 24 hours, Bitcoin grew 0.4% to trade at $16,884 as of 07:00 ET. Its market dominance rose slightly to 40.0% from 39.9%.
During the reporting period, the leading cryptocurrency topped out at $17,062 yesterday morning (ET). BTC has since been ranging between $16,768 and $16,930.
Ethereum
Ethereum recorded a gain of 0.3% over the last 24 hours to trade at $1,217 as of 07:00 ET. Its market dominance stayed flat at 18.3% over the reporting period.
The price performance of ETH mirrored that of BTC. A peak of $1,231 on Tuesday morning (ET) was followed by a bottom of $1,198. Since then, ETH has traded in a tight range between $1,203 and $1,230.
Top 5 gainers
Mass Vehicle Ledger
MVL increased 20.3% to $0.00396 as of press time. No new fundamental developments were noted. Its market cap stood at $88.16 million.
LUKSO
LYXe rose by 15.5% in the last 24 hours to $5.94935. Multiple updates were announced, including the nearing of its mainnet launch. Its market cap stood at $91.665 million.
Powerledger
POWR was up 12.7% over the reporting period to $0.14684 as of press time. Its market cap stood at $70.63 million.
Radicle
RAD gained 10.7% over the reporting period, trading at $1.68757 as of press time. Its market cap stood at $79.65 million.
Creditcoin
CTC recorded 10.3% gains to $0.57327 over the last 24 hours. Its market cap stood at $118.81 million.
Top 5 losers
Neutrino USD
USDN fell 8.8% to $0.49364 over the reporting period. The token has a $1 peg price but de-pegged in June and has failed to reestablish its peg price since. Its market cap stood at $335.8 million.
Lisk
LSK fell 8.8% over the reporting period to $0.79206 as of press time. Its market cap stood at $102.1 million.
dYdX
DYDX decreased by 8.2% to $1.28530 as of press time. Its market cap stood at $84.28 million.
Telcoin
TEL fell 5.7% to $0.00222 over the last 24 hours. Its market cap stood at $143.67 million.
Mina
MINA lost 4.9% of its value over the reporting period to $0.47232 as of press time. Its market cap stood at $368.51 million.
Mentioned in this article
Bitcoin 
Ethereum 
Mass Vehicle Ledger 
LUKSO (Old) 
Powerledger 
Radicle 
Creditcoin 
Neutrino USD 
dYdX (Native) 
Lisk 
Telcoin 
Mina Author 
Samuel Wan
Samuel Wan, a finance professional turned full-time crypto content creator, values individual autonomy and personal freedom in his pursuits.
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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
$3,380.12
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).
LUKSO (Old)
$1.52416
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.
Powerledger
$0.25947
Power Ledger (POWR) is a blockchain-based platform released in May 2016 with the goal of disrupting the global energy industry by enabling local areas to sell and distribute solar power to their neighbors without the help of middlemen.
Neutrino USD
$0.02265
Neutrino USD (USDN) is an algorithmic crypto-collateralized stablecoin pegged to the US dollar.
dYdX (Native)
$1.28335
DYDX is a governance token that allows the dYdX community to truly govern the dYdX Layer 2 Protocol.
Lisk
$1.03422
Lisk is a blockchain application platform that inspires, enables and supports developers to build blockchain applications written in JavaScript..
Mina
$0.67193
Mina claims to be the world’s lightest blockchain, powered by participants.