Bitcoin And Major Altcoins Gaining Momentum, Pepe Coin Fails Price Recovery

The crypto market paints a different picture today than yesterday. Bitcoin and some other major Altcoins have turned the table and are trading on green lines. The market sentiment is however on fear as the Fear and Greed Index points at 35/100.

Bitcoin’s (BTC) price, was quite bullish today but was still below the $30,000 threshold at $26,070.23,  and up by around 0.25% since yesterday. Other well-known altcoins, Cardano (ADA) and Polkadot (DOT) experienced gains on the other side of the border.

Ethereum is trading at $1,651.72, with almost 0.16% increase in the last 24 hours. Among other prominent cryptocurrencies, the XRP coin price observed a rise of 0.35%. Solana also faced gains, with its price increasing by 0.01%. On the other hand, Polygon (MATIC), which traded on red lines a few days back, is again up by 1.57%  since the last day.  Polkadot coin price saw an increase of almost 3.03% in one day. 

The realm of meme cryptocurrencies tells the same story. In the past 24 hours, Dogecoin’s price witnessed an increase of around 1.10%, while Shiba Inu’s token price is up by almost 2.63%, in the last 24 hours.

The crypto market today is primarily bearish with few exceptions. The global crypto market cap stands at $1.05 trillion. The 24-hour crypto market volume is $24.30 billion, with a more than 38.71% increase.

The top 4 cryptos for today are:

• Pepe coin is down by 2.70%

Pepe coin price is witnessing losses today. Pepe coin price is down by more than 2% in the last 24 hours. It is trading at $0.000000853, at the time of writing. It holds a global market cap of $334.13 million. This meme coin has been trading on red lines for quite a few days now and is failing to regain the bulls. Pepe coin price is down significantly from its all-time high.

• SUI token is down by 5.21%

SUI token price is down by more than 5% in the last 24 hours. Its price is trading at $0.5256, the the time of writing. It holds a global market cap of $379,782,855. According to TokenUnlocks data, Sui intends to boost its allocation of tokens intended for staking subsidies from 967,740 to 1 million SUI, worth approximately $540,000.

Also Read: How Will BTC Price React To US SEC Spot Bitcoin ETF Deadlines?

XDC Network’s XDC token is facing the bulls today. XDC token price is up by more than 8% in the last 24 hours.  Its price is trading at $0.05593, the the time of writing. It holds a global market cap of $775,212,057. The platform previously took the effort to tokenize real-world decentralized finance, resulting in a price increase that pushed the asset’s value from $0.03 to $0.08.

Curve Dao’s CRV token is up by more than 4% in the last 24 hours. Its price is trading at $0.4833, the the time of writing. It holds a global market cap of $418,717,817. A recent move to introduce the token to a new market is disclosed in a message on the official CRV Twitter account. It opened up a new market for newly created assets and tBTC assets linked to the Fraxfinance and TNetwork platforms.

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