Is the cryptocurrency market down again? The top 10 cryptocurrencies have mostly been struggling in the past few months except two stablecoins $USDT and $USDC along with one cryptocurrency that has jumped a massive bullish price change yet again!
Cryptocurrency Market Volatility
With the market constantly fluctuating, traders have been taking advantage of the volatility while crypto whales have been purchasing massive amounts of a cryptocurrency that has now grown an additional 50% of its original value! $HEX has been trading fairly stable around the $0.08 price point but as of recent, it has suddenly jumped up to $0.12 while the other cryptocurrencies have been experiencing bearish changes.
Stablecoins aside, according to the notifications from WhaleBot Alerts, the other top 10 cryptocurrencies have been experiencing a tough 30 day % change with the largest losses being $DOGE changing -37.9% over the last 30 days. The Telegram account has also been showing a lot of movement lately for Bitcoin, Ethereum, Tron, and HEX!
Is the Cryptocurrency Market Down Again?
The top 10 cryptocurrencies have been struggling over the last few days and although there were days where they showed bullish results, overall, throughout the last 30 days, it can be seen that the market is still on the bearish side. Although Elon Musk has been hyping $DOGE quite a lot recently, the cryptocurrency is still bearish at -37.9% over the last 30 days.
As of the moment, Binance is having some problems with its platforms as a group of traders come together and try to demand that Binance repay them for their losses after a massive freeze that happened in May, 2021. Although this was already two months ago, the traders come together and demand that Binance be responsible.
Here are the top 10 cryptocurrencies ranked by 30 day % gains:
1. $HEX
Price: $0.12
24 hour percentage change: +33.8%
7 day percentage change: +35.2%
30 day percentage change: +36.5%
2. $USDC
Price: $1.00
24 hour percentage change: 0.0%
7 day percentage change: 0.0%
30 day percentage change: +0.1%
3. $USDT
Price: $1.00
24 hour percentage change: 0.0%
7 day percentage change: +0.1%
30 day percentage change: 0.0%
4. $BNB
Price: $308.48
24 hour percentage change: -2.6%
7 day percentage change: -3.9%
30 day percentage change: -15.5%
5. $BTC
Price: $32,616
24 hour percentage change: -1.7%
7 day percentage change: -4.7%
30 day percentage change: -16.0%
6. $ADA
Price: $1.26
24 hour percentage change: -4.0%
7 day percentage change: -10.8%
30 day percentage change: -18.7%
7. $ETH
Price: $1,937
24 hour percentage change: -5.0%
7 day percentage change: -16.7%
30 day percentage change: -22.5%
8. $XRP
Price: $0.62
24 hour percentage change: -1.8%
7 day percentage change: -6.9%
30 day percentage change: -29.6%
9. $DOT
Price: $14.13
24 hour percentage change: -5.1%
7 day percentage change: -12.4%
30 day percentage change: -35.5%
10. $DOGE
Price: $0.20
24 hour percentage change: -4.3%
7 day percentage change: -14.8%
30 day percentage change: -37.9%
Read Also: Cryptocurrency Holders Can Now Gain 12% Annual Interest Through Yield App DeFi Fund
As of the moment, it's hard to say which currencies are expected to go up and which currencies aren't. One thing that is sure, however, is that a lot of cryptowhales have been moving their assets to $HEX as to protect them from market volatility as the prices go bearish and bullish interchanging from day to day.
Related Article: Conan O'Brien Talks About Crypto and Catches Attention of Dogecoin Creator
This article is owned by Tech Times
Written by Urian B.
