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HEX defies wider market downturn to lead top gainers

May 19, 2023
in Ethereum
Reading Time: 4 mins read
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The cryptocurrency market noticed web outflows of $12.3 billion over the past 24 hours and at the moment stands at $1.12 trillion — down 1.1% from $1.14 trillion.

Through the reporting interval, the Bitcoin (BTC) and Ethereum (ETH) market caps fell 1.9% and 1% to $520.18 billion and $217.56 billion, respectively.

The highest 10 crypto belongings recorded losses over the past 24 hours apart from XRP, which noticed robust momentum this week from constructive information associated to the SEC lawsuit and the acquisition of Metaco. As we speak’s greatest loser is Cardano, dropping 2.3%.

Top 10 cryptocurrencies
Supply: CryptoSlate.com

The market caps of Tether (USDT) and USD Coin (USDC) grew to $82.85 billion and $29.58 billion, respectively — whereas Binance USD (BUSD) stayed flat at $5.54 billion.

Bitcoin

Within the final 24 hours, Bitcoin fell 1.9% to commerce at $26,853 as of 07:00 ET. Its market dominance decreased to 46.3% from 46.5%.

Through the reporting interval, BTC noticed a peak worth of $27,480 earlier than trending down, resulting in a pointy spill that bottomed at $26,370. A muted restoration topped out at $27,090, adopted by a flat-ranging sample.

Bitcoin chart
Supply: TradingView.com

Ethereum

Within the final 24 hours, Ethereum decreased 1% to commerce at $1,809 as of 07:00 ET. Its market dominance rose to 19.4% from 19.3%.

Over the reporting interval, ETH noticed a sell-off that discovered help at $1,774 at Thursday lunchtime (ET). A robust bounce adopted to prime out at $1,822, resulting in a minor spill after which a flat print from yesterday night onwards.

Ethereum chart
Supply: TradingView.com

Prime 5 Gainers

HEX

HEX is the day’s greatest gainer, rising 10.1% over the past 24 hours to $0.03227 as of press time. The latest launch of PulseChain noticed a number of occasions and milestones, together with billions of tokens burned and day by day quantity exceeding $100 million. Its market cap stood at $5.6 billion.

Injective

INJ rose 5.6% to $6.95521 as of press time. The challenge is becoming a member of the Wormhole cross-chain ecosystem. Its market cap stood at $556.46 million.

Polymesh

POLYX jumped 5.1% to $0.16686 over the past 24 hours. Binance mentioned it could be working a Polymesh node. Its market cap stood at $106.13 million.

Cocos-BCX

COCOS grew 4.4% over the past 24 hours to $1.70749 as of press time. The challenge has rebranded to COMBO. Its market cap stood at $121.32 million.

Bitget Token

BGB gained 3.9% to commerce at $0.47792 at the time of writing. The Bitget trade launched its Q1 Transparency Report. Its market cap stood at $669.09 million.

Prime 5 Losers

Kaspa

KAS is the day’s greatest loser falling 18.4% to $0.01568 on the time of press. The challenge mentioned it could translate its Kaspium cell pockets into different languages. Its market cap stood at $291.87 million.

JOE

JOE dropped 6.9% to commerce at $0.36854. The challenge is ready to launch new collectibles, rewards, and mints. Its market cap stood at $123.99 million.

Bitgert

BRISE misplaced 6% to $0.000000329416 over the reporting interval. The token was a top-five loser yesterday. Its market cap stood at $130.71 million.

Optimism

OP sunk 5.7% to $1.70332 as of press time. Like Injective, Optimism is a member of the Wormhole cross-chain ecosystem. Its market cap stood at $571.25 million.

Pepe

PEPE fell 5% to $0.00000152 over the reporting interval. The Bithumb trade listed Pepe on Thursday. Its market cap stood at $593.92 million.

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Tags: DefiesDownturnGainersHexLeadmarketTopwider
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