Markets

Cryptocurrency update: these cryptocurrencies rise to 772% in 24 hours

The global cryptocurrency market showed positive signs on Thursday when its market capitalization stood at $ 1.98 trillion. This indicated that the overall market was trading 6.37 percent green in the last day. In contrast, the total volume of the cryptocurrency market in the last 24 hours was $ 114.30 billion, indicating a decrease of 15.45 percent, according to information from CoinMarketCap. Total DeFi volume at the time of this article was $ 16.27 billion, or 14.24 percent of the total volume of the crypto market over a 24-hour period. The volume of all stablecoins was recorded at $ 89.61 billion, which, according to CoinMarketCap, corresponds to 78.40 percent of the total 24-hour volume of the crypto market.
Referring to the cryptocurrency market, Siddharth Menon, COO of WazirX, said: “The entire cryptocurrency market continues to trade above its 200-day moving average, even after the last drop to stay bearish. However, the trend has deviated from an ascending channel pattern and we can expect the downtrend to continue to the next support level of $ 1.5 trillion, as well as the major losers.
With that in mind, here are the top crypto winners that have shown strong trends in the last 24 hours. Regarding the main winner, Gravitoken, who has been consistently in the top 5 for several years, took first place at a rate of $ 0.9922, as it was up 771.77 percent over the course of the last day. , but he still stands right behind Gravitoken. ZEON was priced at $ 0.002356. Overall, the rise in major cryptocurrencies stayed between nearly 800 percent at the high end and nearly 300 percent at the low end.

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