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Polygon leads top 10 following weekend crash: CryptoSlate wMarket update

by The Dao Makers
June 12, 2023
in Launchpads
Reading Time: 4 mins read
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Since final Friday’s wMarket report, the cryptocurrency market noticed outflows of $49.5 billion and at the moment stands at $1.06 trillion — down 4.5% from $1.11 trillion.

Over the weekend, the market caps of Bitcoin (BTC) and Ethereum (ETH) fell 2.3% and 5.1% to $503.59 billion and $210.04 billion, respectively.

Over the past 24 hours, the highest 10 cryptocurrencies posted a combined efficiency. Polygon leads the pack, up 5.7%, whereas Dogecoin brings up the rear, dropping 0.8% over the reporting interval.

Top 10 cryptocurrencies
Supply: CryptoSlate.com

The market cap of Tether (USDT) elevated to $83.38 billion. In distinction, USD Coin (USDC) and Binance USD (BUSD) fell to $28.36 billion and $4.78 billion, respectively.

Bitcoin

Over the past 24 hours, Bitcoin gained 0.7% to commerce at $25,970 as of 07:00 ET. Its market dominance rose to 47.7% from 46.7%.

Since final Friday, BTC traded between $25,360 and $26,200, peaking round Sunday early night.

Bitcoin chart
Supply: TradingView.com

Ethereum

Over the past 24 hours, Ethereum misplaced 0.2% to commerce at $1,749 as of 07:00 ET. Its market dominance fell to 19.9% from 20.0%.

Since final Friday, ETH edged greater to prime out at $1,778 by early night Sunday. The following drawdown discovered help at $1,720, resulting in a muted restoration.

Ethereum chart
Supply: TradingView.com

High 5 Gainers

FLEX

FLEX is the day’s greatest gainer, rising 19.6% during the last 24 hours to $2.78177 as of press time. The token grew 101.7% over the previous seven days. Its market cap stood at $274.46 million.

TomoChain

TOMO rose 16.6% during the last 24 hours to $1.47813 as of press time. The challenge just lately introduced a strategic funding from Coin98 Labs. Its market cap stood at $149.65 million.

Sui

SUI gained 8.8% to $0.66333 as of press time. Regardless of at the moment’s good points, the token remains to be down 27.4% over the previous seven days. Its market cap stood at $400.68 million.

Aptos

APT added 7.9% within the final 24 hours to commerce at $6.36822 at the time of writing. The staff has been engaged on “slashing consensus latency” and can share the developments subsequent week. Its market cap stood at $1.2 billion.

Polygon

MATIC elevated 5.7% to $0.64888 over the last 24 hours. Its market cap stood at $6.02 billion.

High 5 Losers

Rocket Pool

RPL is the day’s greatest loser, falling 7% to $41.1139 on the time of press. The token is down 18.2% over the previous 30 days. Its market cap stood at $800.67 million.

Bitgert

BRISE misplaced 6.3% to commerce at $0.000000218111 as of press time. The token fell 43.7% over the previous 30 days. Its market cap stood at $84.94 million.

THORChain

RUNE fell 6.1% to $0.87956 over the reporting interval. Its market cap stood at $292.13 million.

Child Doge Coin

BabyDoge had sunk 5.4% to $0.000000001365 as of press time. The token was just lately listed on the Cryptology trade. Its market cap stood at $208.23 million.

Pendle

PENDLE is down 5.4% within the final 24 hours and was buying and selling for $0.49584 on the time of writing. Its market cap stood at $97.57 million.

Posted In: Bitcoin, Wrapped



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Tags: CrashCryptoSlateLeadsPolygonTopUpdateWeekendwMarket
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