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Showing posts with the label trading volume

World’s Largest Crypto Exchange by Trading Volume Announces Airdrop for New Layer-1 Altcoin

Binance, the world’s largest crypto exchange platform by trading volume, is announcing an airdrop for a new layer-1 altcoin focused on cross-chain liquidity pools. In a new update, Binance says that it’s adding decentralized finance (DeFi) project Mitosis (MITO) to its HODLer Airdrops program, which rewards users based on their balance of BNB, the native asset of the crypto exchange. “Binance is excited to announce the 34th project on the HODLer Airdrops page – Mitosis, a Layer 1 blockchain designed to unify fragmented crypto liquidity by enabling assets to be deployed across multiple chains simultaneously.” News of the addition preceded a massive price increase for the asset, as it went from a price of $0.095 on August 28th to a peak of $0.308 just a day later. MITO has since stabilized and is trading for $0.25 at time of writing, a staggering 143% increase during the last 24 hours. On its website, Mitosis says it is attempting to a...

XRP Derivatives Go Live on Crypto.com Today—Will Prices React?

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Trading possibilities have been expanded by the XRP derivatives listing on Crypto.com. This is marking a major advancement in cryptocurrency exchange offerings. North America’s largest platform’s futures contract introduction is a sight to behold! Likewise, multiple trading metrics indicate surging market interest across different sectors. Some strategic positions have been taken by various market makers, and they have their reasons. Additionally, unprecedented preparation levels have been noted by several key players. Through an official CFTC submission, the exchange’s plans were confirmed. The new product is being launched on February 14, 2025, as crypto market volatility and trading demand intensify. BREAKING: The largest North American exchange will list #XRP on February 14th, driving billions in daily trading volume! pic.twitter.com/fPD6tmV935 — Levi | Crypto Crusaders (@LeviRietveld) February 13, 2025 Also Read: AI Predicts Shiba Inu (SHIB) Price For February 20,...

Top Crypto Gainers Today Jan 22 – Vethor, Virtual Protocol, Holo, Harmony

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The crypto market is exciting, as it has reached a new high with a trading volume of $534.65 billion in the last 24 hours. This surge reflects a growing optimism, with 88% of cryptocurrencies enjoying a price rise while only 12% face losses. Investors are entering a market fueled by extreme greed, as evidenced by the Fear & Greed Index reading 84.  With the upcoming pro-crypto administration under President Donald Trump adding fuel to this bullish sentiment, the stage is set for significant market movement. In this context, the top crypto gainers are capturing the spotlight as prime opportunities.   Biggest Crypto Gainers Today – Top List Vethor, Virtual Protocol, Holo, and Harmony lead the charge as today’s top gainers, each demonstrating substantial growth and promising potential. This article takes you through their unique Features , recent price movements, and why they are standing out in a market teeming with possibilities. Whether you’re a season...

Bitcoin Blasts Towards $73K, As NFTs Heat Up Again – Is The Bull Market Back?

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The crypto market, spearheaded by the flagship crypto, Bitcoin, is skyrocketing again after several weeks of consolidation. Earlier this week, Bitcoin price climbed back to $70,000 levels and has since been blasting towards $73,000 a few hours ago. On the other hand, the non-fungible token market has also turned positive, with global NFT sales volume pumping to +$11 million during this short crypto market rally. Source: Coinmarketcap.com; Bitcoin trading activity in the past 24 hours It’s worth noting that the crypto and non-fungible token markets have a close relationship similar to that of a child and mother. Therefore, the impact in the crypto market is often delegated to the non-fungible token market. There is a strong crossover between cryptocurrency market participants and NFT market participants. This happens because cryptos are often used to pay for NFTs. Daily NFT Sales Jump +4%, As Bitcoin NFTs Pump +20% Data recorded by cryptoslam.io, an on-chain non-fungible t...

Top Selling NFTs This Week – Froganas NFTs Lead In Daily Sales Volume Rankings

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The global non-fungible token market started the week scorching hot, with some of its NFT collections, like the Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs, exploding in trading sales volume. Fueled by Ethereum-based NFTs, the NFT market rally started over the weekend after the ApeFest2024 in Lisbon, Portugal, leaving the NFT trading sales volume up +20% to $14 million. Below, we have listed some of the top-selling NFTs this week: 1. Froganas NFT Collection Froganas, a non-fungible token collection from the digital artist Tee featuring a limited edition of 5,555 humanoid frogs exclusively hosted on the Solana blockchain network, is this week’s top most-selling NFT collection. In the past 24 hours, the Froganas NFT collection has recorded a trading sales volume of 5,336 SOL. During this period, the Froganas NFT trading sales volume has surged 102% from the past week. Source: CoinMarketCap.com, Top selling NFTs by trading sales volume in the past 24 hours 2. BaseCat...

Polkadot: How High Can DOT Surge In October 2024?

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After keeping a low profile for quite some time, Polkadot (DOT) was seen making a comeback. The price of the asset witnessed a major spike over the past week. DOT is up by nearly 7% throughout the last seven days. Earlier today, the altcoin was trading at a high of $4.52. But the asset saw a slight downtrend at press time and was trading at $4.42. Yet, its 24-hour price change remains at a positive 3.13%. Also Read: How High Will Dogecoin Rise If Donald Trump Wins? Polkadot’s Market Performance And Future Price Predictions Source Despite its latest spike, DOT remains a staggering 91% below its all-time high of $55. The Polkadot network’s daily trading volume saw an 18% spike, bringing the total to $153 million. Ali Martinez, a cryptocurrency expert, recently posted an optimistic, bullish X post for Polkadot. Martinez uses a resemblance between Fantom’s price action and Polkadot on the weekly chart to indicate the probability of a positive turnaround. In his forecast fo...

Solana: Here's How High SOL Can Peak In September 2024

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Solana is one of the top trending tokens in the cryptocurrency market. The token forged its identity in 2024 and has since become incredibly popular as it evolved into a central chain harboring some of the famous meme coins. Given some of the latest developments surrounding the chain, here’s how high Solana can peak in October. Also Read: Warren Buffett’s Hidden Gem: Could This US Stock Hit $310 Soon? Solana: New Developments Source – Coinpedia Solana is currently trading at $151 and is bound to increase as new rumors surround the cryptocurrency token. According to a post by Santiment, the speculation regarding the corporate giant Apple building on Solana is spreading like wildfire on the internet, giving more hype to Solana’s price trajectory. At the same time, the token’s impeccable success in all domains fortifies its presence in cryptocurrency, making it a leading coin to keep an eye on. As the vast majority of crypto has enjoyed Friday gains, $SOL stands out as an asse...

Ripple XRP Falls 3%, Can It Reclaim $0.60 This Week

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The cryptocurrency market slightly recovered over the weekend, with Bitcoin (BTC) briefly reclaiming the $64,000 level. Ripple XRP hasn’t followed that path directly, rising over the weekend but slipping back down 3% on Monday. At press time, XRP is trading down at $0.5862. Following its temporary pump to $0.62, investors were hopeful the coin could breach 63 cents, but it failed to do so. Now, Ripple’s native currency is hoping just to return to the 60-cent threshold over the coming days. XRP was performing well last week, in part thanks to Bitcoin’s success. The top cryptocurrency by market cap traded well, jumping 7% last week to above $63,000. When BTC performs well, typically the rest of the crypto market follows suit. On Monday, BTC fell back down a bit, by 2%, which caused XRP to do the same. Also Read: Ripple: 20% Institutional Investors Hold XRP, Study Confirms The weekend market rally is likely due to Federal Reserve chair Jerome Powell’s announcement of inte...

XRP Price Prediction for Today, August 8 – XRP Technical Analysis

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XRP has seen a remarkable surge in response to a favorable legal settlement with the U.S. Securities and Exchange Commission (SEC), alongside significant gains in its market performance, particularly against Bitcoin (BTC). As this article is being prepared, the token is trading around $0.6102. XRP Key Statistics: Current Price: $0.6102 Market Cap: $34.63 billion Circulating Supply: 56.00 billion XRP Total Supply: 99.99 billion XRP CoinMarketCap Ranking: #7 The cryptocurrency has experienced a dramatic resurgence following the settlement of its legal dispute with the U.S. Securities and Exchange Commission (SEC). The cryptocurrency’s price surged by 18%, from $0.50 to $0.61, accompanied by a significant spike in trading volume. This surge was primarily driven by spot market activity, with minimal impact from futures markets. The market’s positive reaction to the settlement is evident in the surge in trading volume, which jumped from $1.2 billion to $5.37 billion in ...