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TRON leads top 10 in otherwise flat market

May 22, 2023
in Crypto Exchanges
Reading Time: 4 mins read
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For the reason that final wMarket report on Friday, the cryptocurrency market noticed web outflows of $0.43 billion and presently stands at $1.12 trillion — down 0.04% from $1.12 trillion.

Since Might 19, the Bitcoin (BTC) and Ethereum (ETH) market caps fell 0.01% and 0.5% to $520.14 billion and $218.57 billion, respectively.

The highest 10 crypto property recorded a combined efficiency during the last 24 hours, with TRON main the gainers, up 8%. In the meantime, Solana was the largest loser, down 1.9%.

Top 10 cryptocurrencies
Supply: CryptoSlate.com

The market cap of Tether (USDT) grew to $82.93 billion. In distinction, USD Coin (USDC) and Binance USD (BUSD) fell to $29.53 billion and $5.50 billion, respectively.

Bitcoin

Within the final 24 hours, Bitcoin fell 0.7% to commerce at $26,825 as of 07:00 ET. Its market dominance stayed flat at 46.3%.

Since final Friday, BTC noticed a peak value of $27,280 earlier than trending right down to discover a native backside at $26,560 late Sunday night. The biggest cryptocurrency then recorded a muted restoration, with $26,920 proving sturdy resistance, resulting in a flat print.

Bitcoin chart
Supply: TradingView.com

Ethereum

Within the final 24 hours, Ethereum elevated 0.2% to commerce at $1,817 as of 07:00 ET. Its market dominance stayed flat at 19.4%.

Since final Friday, ETH noticed a double high at $1,827 earlier than trending down over the weekend to search out help at $1,793 by 22:00 Sunday (ET). A bounce adopted that recorded consecutive steps increased to peak at $1,820.

Ethereum chart
Supply: TradingView.com

High 5 Gainers

Wrapped TRON

WTRX is the day’s largest gainer, rising 8.2% during the last 24 hours to $0.07768 as of press time. Its market cap stood at $7.9 billion.

TRON

TRX rose 8% to $0.07780 as of press time. The TRON neighborhood expects TRX to be a tradable cryptocurrency when Hong Kong opens digital asset buying and selling to retailer buyers on June 1. Its market cap stood at $7.03 billion.

Alchemy Pay

ACH jumped 5.8% to $0.02749 during the last 24 hours. The venture is now out there on Ontology for fiat-crypto transactions. Its market cap stood at $171.72 million.

JUST

JST grew 3.6% during the last 24 hours to $1.70749 as of press time. Its market cap stood at $215.77 million.

Neo

NEO gained 3.5% to commerce at $9.74103 at the time of writing. The venture introduced the winners of its NeoChat ChatGPT launch competitors. Its market cap stood at $687.12 million.

High 5 Losers

HEX

HEX is the day’s largest loser falling 24.3% to $0.02670 on the time of press. The venture was a high gainer final week as a result of PulseChain going dwell. Its market cap stood at $4.63 billion.

Kaspa

KAS dropped 7.7% to commerce at $0.01534. Its market cap stood at $286.42 million.

Pepe

PEPE fell 7.2% to $0.00000158 over the reporting interval. Its market cap stood at $616.59 million.

Masks Community

MASK misplaced 6.4% to $4.35055 over the reporting interval. Its market cap stood at $348.59 million.

Sui

SUI sunk 6.2% to $1.06155 as of press time. Its market cap stood at $560.79 million.

Posted In: Bitcoin, Wrapped

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