CryptoSlate Daily wMarket Update: Dogecoin bounces back to lead top 10 cryptos

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CryptoSlate Daily wMarket Update: Dogecoin bounces back to lead top 10 cryptos CryptoSlate Daily wMarket Update: Dogecoin bounces back to lead top 10 cryptos Samuel Wan · 11 mins ago · 2 min read

The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.

2 min read

Updated: December 22, 2022 at 12:56 pm

CryptoSlate Daily wMarket Update: Dogecoin bounces back to lead top 10 cryptos

Cover art/illustration via CryptoSlate

Haru Invest

Over the last 24 hours, the cryptocurrency market cap saw net outflows of $1.08 billion and currently stands at $811.42 billion — down 0.13%.

Bitcoin’s market cap fell 0.2% to $324.13 billion. In contrast, Ethereum’s market cap grew 0.2% to $149.11 billion.

The top 10 cryptocurrencies posted a mixed performance over the last 24 hours. Dogecoin recorded the most significant gains, up 4.4%. Meanwhile, BNB posted the worst performance, down 1.2%.

Top 10 cryptocurrencies
Source: CryptoSlate.com

Over the reporting period, the market caps of Tether (USDT), USD Coin (USDC), and BinanceUSD (BUSD) all recorded marginal decreases to $66.25 billion, $44.30 billion, and $18.02 billion, respectively.

Bitcoin

Over the last 24 hours, Bitcoin fell 0.2% to trade at $16,848 as of 07:00 ET. Its market dominance fell slightly to 39.9% from 40.0%.

BTC peaked at $16,920 yesterday morning (ET) during the reporting period. The leading cryptocurrency has since been ranging between $16,730 and $16,869.

Bitcoin chart
Source: TradingView.com

Ethereum

Ethereum recorded a gain of 0.2% over the last 24 hours to trade at $1,218 as of 07:00 ET. Its market dominance grew slightly to 18.4% from 18.3% over the reporting period.

Since the previous report, ETH recorded a $1,224 top on Wednesday morning (ET). This was followed by a ranging pattern between $1,207 and $1,222.

Ethereum chart
Source: TradingView.com

Top 5 gainers

Helium

HNT increased 24.7% to $2.11969 as of press time. The firm recently teased details of a new mobile explorer. Its market cap stood at $286.12 million.

Fetch

FET rose by 15.9% in the last 24 hours to $0.09672. The token is up 65.6% over the past month. Its market cap stood at $79.2 million.

Numeraire

NMR was up 9.5%over the reporting period to $13.2746 as of press time. Its market cap stood at $78.17 million.

Hooked Protocol

HOOK gained 7.3% over the reporting period, trading at $1.50339 as of press time. Its market cap stood at $75.17 million.

Ocean Protocol

OCEAN recorded 6.6% gains to $0.16888 over the last 24 hours. Its market cap stood at $103.54 million.

Top 5 losers

Mass Vehicle Ledger

MVL decreased 16.5% to $0.00331 as of press time. The token was a top gainer yesterday. Its market cap stood at $73.58 million.

LUKSO

LYXe fell 8.5% to $5.44648 over the reporting period. Like MVL, this token was a top gainer yesterday. Its market cap stood at $83.91 million.

Frax Share

FSX fell 8.8% over the reporting period to $0.79206 as of press time. Its market cap stood at $75.62 million.

Lisk

LSK decreased by 7.6% to $0.73227 as of press time. Its market cap stood at $94.39 million.

MAGIC

MAGIC fell 6.5% to $0.60609 over the last 24 hours. Its market cap stood at $124.31 million.

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