{"id":296776,"date":"2023-02-08T12:45:54","date_gmt":"2023-02-08T12:45:54","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=296776"},"modified":"2023-02-08T12:38:12","modified_gmt":"2023-02-08T12:38:12","slug":"cryptoslate-daily-wmarket-update-polygon-leads-top-10-second-day-running","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/cryptoslate-daily-wmarket-update-polygon-leads-top-10-second-day-running\/","title":{"rendered":"CryptoSlate Daily wMarket Update: Polygon leads top 10 second day running"},"content":{"rendered":"

The cryptocurrency market cap saw net inflows of $12.4 billion over the last 24 hours and currently stands at $1.08 trillion \u2014 up 1.2% from $1.07 trillion.<\/p>\n

Over the reporting period, Bitcoin and Ethereum\u2019s market cap grew 0.8% and 1.9% to $446.85 billion and $204.82 billion, respectively.<\/p>\n

The top 10 crypto assets all recorded gains over the last 24 hours. Polygon has continued its surge, growing a further 4.6% over the last 24 hours. Meme coins Dogecoin and Shiba Inu brought up the rear, both gaining 0.7%.<\/p>\n

\"Top
Source: CryptoSlate.com<\/figcaption><\/figure>\n

The market caps of Tether (USDT) and BinanceUSD (BUSD) stayed flat at $68.19 billion and $16.19 billion, respectively. Meanwhile, USD Coin's (USDC) market cap decreased to $41.55 billion.<\/p>\n

Bitcoin<\/h2>\n

Over the last 24 hours, Bitcoin grew 0.8% to trade at $23,176 as of 07:00 ET. Its market dominance dropped to 41.2% from 41.4%.<\/p>\n

During the reporting period, a bottoming at $22,770 was followed by a sharp rise that peaked at $23,455. BTC has since been trading flat with a sell-side bias.<\/p>\n

\"Bitcoin
Source: TradingView.com<\/figcaption><\/figure>\n

Ethereum<\/h2>\n

Over the last 24 hours, Ethereum rose 1.9% to trade at $1,674 as of 07:00 ET. Its market dominance rose to 18.9% from 18.8%.<\/p>\n

ETH\u2019s price action largely followed BTC\u2019s, finding support at $1,626 before trending higher to top out at $1,698. The second-largest cryptocurrency then followed a flat trading pattern.<\/p>\n

\"Ethereum
Source: TradingView.com<\/figcaption><\/figure>\n

Top 5 Gainers<\/h2>\n

OriginTrail<\/a><\/h3>\n

TRAC is the day\u2019s biggest gainer, rising 63% over the reporting period to $0.43147<\/span> as of press time. The token is benefiting from interest in AI projects. Its market cap stood at $157.69<\/span> million.<\/p>\n

Chromia<\/a><\/h3>\n

CHR grew 30.1% to $0.22626<\/span> as of press time. The project recently announced the Chromia Innovation Lab 2023<\/span> – an incubation program. Its market cap stood at $155.34<\/span> million.<\/p>\n

Axelar<\/a><\/h3>\n

AXL gained 28.1% over the reporting period to trade at $0.90764<\/span> as of press time. The project announced partnering with Chainflip and Squid over chain integrations. Its market cap stood at $140.99<\/span> million.<\/span><\/p>\n

 <\/p>\n

The Sandbox<\/a><\/h3>\n

SAND jumped 22.9% to $0.88955<\/span> as of press time. The project signed an MoU with the Saudi Arabia Digital Government Authority. <\/span>Its market cap stood at $1.33<\/span> billion.<\/span><\/p>\n

Oasis Network<\/a><\/h3>\n

ROSE rose 19.9% to $0.07057<\/span> as of press time. The team will attend Ethereum Denver to discuss Web3 privacy. Its market cap stood at $404.08<\/span> million.<\/p>\n

Top 5 Losers<\/h2>\n

FLOKI<\/a><\/h3>\n

FLOKI is the day\u2019s biggest loser, posting 7.2% losses to $0.00003<\/span> as of press time. The project announced entering the Chinese market, despite crypto restrictions in the country. Its market cap stood at $279.42<\/span> million.<\/p>\n

SingularityNet<\/a><\/h3>\n

AGIX decreased 6.7% to $1.33826<\/span> as of press time. Despite today\u2019s losses, the token is still up 646% over the past 30 days. Its market cap stood at $610.4<\/span> million.<\/p>\n

Fetch<\/a><\/h3>\n

FET is down 5.5% to $0.50907<\/span> as of press time. Its market cap stood at $416.89<\/span> million.<\/p>\n

Frax Share<\/a><\/h3>\n

FXS dropped 4.9% over the reporting period to $1.13165<\/span> as of press time. Despite the drawdown, the token is still up 123% over the past month. Its market cap stood at $905.91<\/span> million.<\/p>\n

GMX<\/a><\/h3>\n

MAGIC fell 4.7% in the last 24 hours to $68.9273<\/span>. Its market cap stood at $582.72<\/span> million.<\/p>\n","protected":false},"excerpt":{"rendered":"

The cryptocurrency market cap saw net inflows of $12.4 billion over the last 24 hours and currently stands at $1.08 trillion \u2014 up 1.2% from $1.07 trillion. Over the reporting period, Bitcoin and Ethereum\u2019s market cap grew 0.8% and 1.9% to $446.85 billion and $204.82 billion, respectively. The top 10 crypto assets all recorded gains […]<\/p>\n","protected":false},"author":460,"featured_media":296830,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"\nCryptoSlate Daily wMarket Update: Polygon leads top 10 second day running<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/cryptoslate-daily-wmarket-update-polygon-leads-top-10-second-day-running\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CryptoSlate Daily wMarket Update: Polygon leads top 10 second day running\" \/>\n<meta property=\"og:description\" content=\"The cryptocurrency market cap saw net inflows of $12.4 billion over the last 24 hours and currently stands at $1.08 trillion \u2014 up 1.2% from $1.07 trillion. 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