Today, most crypto prices are going down, shown by the red numbers. But there are some tokens, like Shiba INU and Pepe coin, that have gone up in the last 24 hours.
Before Fed Chairman Jerome Powell’s talk later this week, cryptocurrency prices went down on Tuesday. He will use the talk to share his latest thoughts about whether they need to do more things to control inflation because the economy is growing a lot, or if things are going well to keep the rates stable.
Bitcoin’s price was down and stayed below $30,000 at $26,014.3. This was a decrease of about 0.02% since yesterday. Other well-known coins like Cardano, Polkadot, and Solana also lost value.
Ethereum’s price is $1,634.6, which is almost 1.71% lower in the last 24 hours. XRP’s price also went down a tiny bit, about 0.02%. Solana’s price dropped by 2.18%. But Polygon went up a little bit, around 0.01%. The price of Polkadot went down by nearly 0.57% in a day.
Now, for meme cryptocurrencies, things are different. In the last 24 hours, Dogecoin’s price went up about 0.09%, and Shiba Inu’s price went up by about 3.65%.
Most of the crypto market today is down, but a few are up. The total crypto market value is $1.05 trillion. In the last 24 hours, the amount of crypto traded is $34.29 billion, which is up by more than 18%.
Today’s Leading 4 Cryptocurrencies:
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Pepe Coin has dropped by 1.83%
The price of Pepe coin has gone down by nearly 1.83% in the past 24 hours. Right now, it’s being traded at $0.00000106. It’s worth a total of $415.32 million around the world.
Many people are putting more money into PEPE cryptocurrency, and more people are talking about it on social media, which shows that people are more interested in it.
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SUI token has risen by 13.31%
In the past day, the price of SUI token has gone up a lot. It’s increased by over 13%, and right now, it’s being traded at $0.5779.
The value of all the SUI tokens around the world is about $417,505,981.
People who understand technical stuff about charts say that it’s not easy to predict what will happen to Sui’s price since it’s still new. But they say that it looks like Sui’s price is well-supported around $0.60.
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RUNE token has dropped by 8.46%
THORChain’s RUNE token is feeling the impact of the recent drop in the crypto market. The price of RUNE coin has gone down by more than 8% in the past 24 hours. Right now, it’s being traded at $1.58.
The total value of all the RUNE tokens in the world is about $536,190,120.
This change happened after THORChain added a new feature that lets people lend their assets like Bitcoin and Ethereum to get loans in a stablecoin called TOR, which is like USD.
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Shiba INU has increased by 4.68%
Shiba INU’s price is getting better, going up by over 4% in the past day. Right now, it’s being traded at $0.000008174.
The total value of all Shiba INU coins worldwide is around $4.82 billion.
Shibarium, which is linked to Shiba INU, has made its fourth update. They focused on making the system work better, adding new tools to watch things, and planning how to manage things in the future.
People think that the price will likely keep going up like this.
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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