crypto market movers today
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The cryptocurrency market is known for its volatility, with prices of digital assets often experiencing significant fluctuations in short periods. As an investor or enthusiast, it’s crucial to stay up-to-date with the latest market movements and identify the top gainers and losers in the crypto space. In this article, we will provide you with a comprehensive overview of the top crypto gainers and losers today, offering insights into the most notable price changes and highlighting the cryptocurrencies that have performed exceptionally well or poorly.
Market Overview and Key Statistics
Before diving into the details of the top gainers and losers, let’s take a look at some key statistics that give us a broader understanding of the cryptocurrency market’s current state.
- Total Market Cap: The total market capitalization of all cryptocurrencies combined stands at approximately $1.72 trillion, with a 24-hour percentage change of 2.33%.
- BTC Dominance: Bitcoin dominates the market with a share of 51.2%, indicating its significance and influence in the crypto space.
- 24-hour Volume: The total trading volume of cryptocurrencies in the last 24 hours amounts to $97.86 billion, reflecting the level of activity and liquidity in the market.
- BTC Price: The price of Bitcoin, the flagship cryptocurrency, is currently valued at $44,958, showing a 3.61% increase over the last 24 hours.
- S&P 500 and Gold: In comparison to traditional financial markets, the S&P 500 index stands at 4,992.36 (0.01% change), while the price of gold is $2,031.03 (-0.22% change).
- USD/EUR Exchange Rate: The exchange rate between the US dollar and the euro is currently at €0.93 (-0.08% change), reflecting the value of these two major fiat currencies.
Understanding the Top Crypto Gainers and Losers
To gain a deeper understanding of the top crypto gainers and losers, it’s essential to analyze their performance over different time periods. We will explore their price changes in the last 1 hour, 24 hours, 7 days, 1 month, 3 months, 6 months, year-to-date (YTD), 1 year, 3 years, and 5 years.
Top Gainers
1. TRIBE (Tribe)
- Price: $0.461817
- 24H Change: 35.27%
Tribe takes the lead as the top gainer in the cryptocurrency market today, experiencing a remarkable 35.27% increase in its price over the last 24 hours. This substantial gain positions Tribe as an asset with significant short-term growth potential.
2. ASM (Assemble Protocol)
- Price: $0.162686
- 24H Change: 30.27%
Assemble Protocol, commonly known as ASM, follows closely behind with a price increase of 30.27% within the past 24 hours. This surge in value indicates positive market sentiment towards the project and highlights its potential for further growth.
3. BTT (BitTorrent)
- Price: $0.0₅1008
- 24H Change: 29.09%
BitTorrent, a decentralized file-sharing protocol, has experienced a notable price surge of 29.09% in the last 24 hours. This significant increase demonstrates the market’s interest in the project and its potential for future development.
4. WIF (Dogwifhat)
- Price: $0.231186
- 24H Change: 24.86%
Dogwifhat, represented by the symbol WIF, has seen a substantial price increase of 24.86% over the past 24 hours. This surge in value may be attributed to various factors, such as positive news, partnerships, or increased demand for the token.
5. STX (Stacks)
- Price: $1.779479
- 24H Change: 15.40%
Stacks, also known as STX, has performed well in the market, registering a price increase of 15.40% within the last 24 hours. This positive movement reflects investor confidence in the project and its underlying technology.
6. LCX (Liechtenstein Cryptoassets)
- Price: $0.334467
- 24H Change: 12.51%
Liechtenstein Cryptoassets (LCX) has experienced a price increase of 12.51% in the past 24 hours. This growth underscores the market’s confidence in the project and its potential for long-term success.
7. POKT (Pocket Network)
- Price: $0.242248
- 24H Change: 12.42%
Pocket Network (POKT) has shown significant positive movement, with a 12.42% increase in its price over the last 24 hours. This upward trend may be indicative of growing interest in the project and its decentralized infrastructure.
8. AXL (Axelar)
- Price: $1.067293
- 24H Change: 11.15%
Axelar (AXL) has seen notable growth, with an 11.15% increase in its price within the past 24 hours. This positive price movement reflects the market’s optimism toward the project and its cross-chain communication protocol.
9. ORDI (Ordinals)
- Price: $60.25
- 24H Change: 8.79%
Ordinals (ORDI) has experienced a price increase of 8.79% over the last 24 hours. This upward movement suggests growing interest in the project and its potential for future development.
10. ID (Space ID)
- Price: $0.548148
- 24H Change: 8.63%
Space ID (ID) has demonstrated significant growth, with an 8.63% increase in its price within the past 24 hours. This positive market movement may be attributed to various factors, such as partnerships or technological advancements.
Top Losers
1. JUP (Jupiter)
- Price: $0.527131
- 24H Change: -8.61%
Jupiter (JUP) takes the lead as the top loser in the cryptocurrency market today, experiencing a significant price decrease of -8.61% within the last 24 hours. This decline in value may be indicative of market correction or other factors specific to the project.
2. PENDLE (Pendle)
- Price: $2.96
- 24H Change: -7.92%
Pendle (PENDLE) has seen a notable price decrease of -7.92% over the past 24 hours. This downward movement may be attributed to various market factors, such as profit-taking or changes in investor sentiment.
3. XMR (Monero)
- Price: $121.97
- 24H Change: -6.86%
Monero (XMR), a privacy-focused cryptocurrency, has experienced a price decline of -6.86% within the last 24 hours. This downward movement may be influenced by market dynamics or external factors affecting the privacy coin sector.
4. TAO (Bittensor)
- Price: $443.69
- 24H Change: -6.83%
Bittensor (TAO) has faced a significant price decrease of -6.83% in the past 24 hours. This decline in value may be attributed to various market factors, such as profit-taking or changes in investor sentiment towards the project.
5. LDO (Lido DAO Token)
- Price: $2.85
- 24H Change: -6.03%
Lido DAO Token (LDO) has experienced a price decrease of -6.03% over the last 24 hours. This downward movement reflects market dynamics and the potential influence of external factors on the project.
6. SSV (SSV Network)
- Price: $28.90
- 24H Change: -5.28%
SSV Network (SSV) has faced a notable price decrease of -5.28% in the past 24 hours. This decline in value may be influenced by market dynamics or specific factors affecting the project’s development.
7. UMA (UMA)
- Price: $4.02
- 24H Change: -3.73%
UMA has experienced a price decrease of -3.73% within the last 24 hours. This downward movement may be attributed to various market factors, such as profit-taking or changes in investor sentiment towards the project.
8. MAGIC (Magic)
- Price: $1.241594
- 24H Change: -3.62%
Magic (MAGIC) has seen a notable price decrease of -3.62% over the past 24 hours. This downward movement may be influenced by market dynamics or specific factors affecting the project’s development.
9. OP (Optimism)
- Price: $3.34
- 24H Change: -3.45%
Optimism (OP) has faced a significant price decrease of -3.45% in the past 24 hours. This decline in value may be attributed to various market factors, such as profit-taking or changes in investor sentiment towards the project.
10. XAI (XAIToken)
- Price: $0.838190
- 24H Change: -3.12%
XAIToken (XAI) has experienced a price decrease of -3.12% over the last 24 hours. This downward movement reflects market dynamics and the potential influence of external factors on the project.
Conclusion
In conclusion, staying informed about the top gainers and losers in the cryptocurrency market is crucial for investors and enthusiasts alike. By closely monitoring the price movements of various cryptocurrencies, you can gain insights into market trends, investor sentiment, and potential investment opportunities. Remember that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly, so it’s important to conduct thorough research and exercise caution when making investment decisions.
Financial Disclaimer
The information provided in this stock report is for informational purposes only and is not intended for trading purposes. The report does not constitute investment advice, nor is it an offer or solicitation of an offer to buy or sell any securities or other financial instruments. All information, including stock prices, market data, company fundamentals, and analyst ratings, is provided on an “as is” basis for informational purposes only, and is not intended for trading purposes or advice.
Past performance of the stocks mentioned in this report is not indicative of future results. Investing in stocks involves risks, including the loss of principal. Investors should consider their investment objectives and risks carefully before investing. The content of this report is not intended to provide legal, tax, or financial planning advice, and investors are advised to consult with a qualified professional for this type of advice.
All investments involve risks, including the possible loss of capital. The author and publisher of this report are not liable for any actions taken as a result of this report. It is recommended that readers conduct their own independent analysis or consult a qualified financial advisor before making any investment decisions.