Today, the cryptocurrency market isn’t looking very positive, as several significant coins like Bitcoin, Pepe Coin, and XRP are experiencing price declines.
Today, the overall mood in the cryptocurrency market is pessimistic. Many are hoping for a boost from the approval of a spot Bitcoin ETF, but the decision by the SEC has been delayed. The Crypto Fear And Greed Index still shows fear, scoring 34 out of 100.
Bitcoin (BTC) is having a tough day, currently trading below $30,000 at $25,789.89, down about 1.09% in the last day. Other well-known cryptocurrencies like Cardano (ADA), Solana (SOL), and Polkadot (DOT) are also facing losses.
Ethereum’s price is at $1,632.00, with a 1.22% decrease in the past 24 hours. XRP is down by 2.36%, and Solana is also experiencing a 1.66% decline. Polygon (MATIC) has dropped by 1.44%, and Polkadot is down nearly 1.30% in just one day.
Even meme cryptocurrencies are following the same trend. In the last 24 hours, Dogecoin has seen a 0.48% decrease, while Shiba Inu’s token price has fallen by almost 1.62%.
Overall, today’s crypto market is mostly negative, with only a few exceptions. The global cryptocurrency market cap has dropped significantly and now stands at $1.04 trillion. The 24-hour trading volume in the crypto market has also decreased by over 9.68% to $34.2 billion.
Today’s top 4 cryptocurrencies are:
1. Pepe coin has declined by 3.41%: Pepe coin had some good days recently, but today it’s not doing well. Its price has dropped by nearly 4% in just one day and is now at $0.0000007931. The total value of all Pepe coins in circulation is about $310.73 million. While a few big holders are starting to buy more Pepe coins, this price drop makes it seem like the coin’s value is steadily declining.
Pepe Price Chart
2. The KCS crypto token has dropped by 6.94%: KuCoin’s KCS token is experiencing a price decline, falling by nearly 7% in the past day. Currently, it’s trading at $3.84. The total value of all KCS tokens in circulation is approximately $371 million. This drop in KCS’s value is mainly because the entire cryptocurrency market is going through a period of price correction.
KCS Price Chart
3. The DYdX crypto token has fallen by 7.36%: DYDX is having a tough day too. The price of the DYDX token has dropped by over 7% in the last 24 hours and is currently at $2.11. The total value of all DYDX tokens in circulation is about $330 million. Interestingly, Antonio Juliano, who created DYdX, recently suggested that people in the cryptocurrency business should explore opportunities beyond the United States.
DYdX Price Chart
4. TON coin has surged by 10.42%: Toncoin’s TON token has seen a significant increase of over 10% in the past day. Right now, it’s priced at $1.93, and the total value of all TON tokens available is about $6.6 billion. This boost in value seems to be linked to increased activity from developers working on the TonCoin network.
TON Price Chart
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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