Crypto Blog
The past 24 hours saw the cryptocurrency market continue its recovery, regaining $2.213 trillion in total capitalization.yesterday, the BTC price gained 4% in a day and climbed above $56K following a bloodbath that took it all the way down below $54K.It’s worth noting, though, that Bitcoin remains 6.5% down for the past seven days and the market is nowhere near where it was a week ago. The buyers have a lot of work ahead if they are to stage some sort of a meaningful comeback.
For example, Polkadot gained 6.4% in the past 24 hours, followed by NEAR and AVAX .The most significant gainer, however, is the TON-based meme coin that launched earlier this year – Notcoin . It is up a whopping 42% in the past 24 hours, leading all other coins from the top 100 by means of total market capitalization. The meme coin has been able to erase all of the losses from the recent bloodbath and is even charting a 5% increase over the past 7 days.
That said, there are other popular meme coins that haven’t been able to capitalize on the recent market uptick. Dogwifhat is amongst them. The dog-themed coin is charting a considerable decline of 7.2% in the past 24 hours, making it one of the worst performers from the top 100. All in all, the market seems to be on a path of recovery but the sentiment remains uncertain. It’s interesting to see how the next few days will shape up.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
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