Apr 13, 2024
1. Bitcoin (BTC) – $69786.47
2. Ethereum (ETH) – $3465.41
3. Tether USDt (USDT) – $1.00
4. BNB (BNB) – $611.91
5. Solana (SOL) - $167.49
6. XRP (XRP) - $0.59
7. USDC (USDC) - $1.00
8. Dogecoin (DOGE) – $0.19
9. Toncoin (TON) - $7.09
10. Cardano (ADA) – $0.56
11. Avalanche (AVAX) – $44.40
12. Shiba Inu (SHIB) – $0.00
13. Polkadot (DOT) – $8.19
14. Bitcoin Cash (BCH) – $584.37
15. TRON (TRX) – $0.12
16. Chainlink (LINK) – $17.19
17. Polygon (MATIC) – $0.85
18. Litecoin (LTC) – $95.86
19. Internet Computer (ICP) – $15.21
20. NEAR Protocol (NEAR) – $6.58
21. Uniswap (UNI) – $8.98
22. UNUS SED LEO (LEO) - $5.80
23. Dai (DAI) – $1.00
24. Ethereum Classic (ETC) – $32.96
25. Aptos (APT) - $11.38
26. Filecoin (FIL) - $7.88
27. Cosmos (ATOM) - $10.60
28. Stacks (STX) - $2.83
29. Mantle (MNT) – $1.24
30. Cronos (CRO) – $0.15
31. Bittensor (TAO) – $586.71
32. First Digital USD (FDUSD) - $1.00
33. Arbitrum (ARB) – $1.38
34. Stellar (XLM) – $0.13
35. Immutable (IMX) – $2.45
36. VeChain (VET) – $0.05
37. Hedera (HBAR) – $0.10
38. OKB (OKB) – $56.16
39. Render (RNDR) – $8.64
40. Kaspa (KAS) – $0.14
41. dogwifhat (WIF) – $3.17
42. Maker (MKR) – $3245.45
43. Pepe (PEPE) - $0.00
44. Optimism (OP) – $2.92
45. Injective (INJ) – $30.82
46. The Graph (GRT) - $0.30
47. Theta Network (THETA) – $2.79
48. Monero (XMR) – $134.06
49. Fantom (FTM) – $0.87
50. THORChain (RUNE) – $6.90
51. Lido DAO (LDO) – $2.45
52. Fetch.ai (FET) - $2.41
53. Ethena (ENA) – $1.32
54. Arweave (AR) – $28.56
55. Sui (SUI) - $1.43
56. Celestia (TIA) – $10.46
57. Bitget Token (BGB) – $1.30
58. Core (CORE) – $2.07
59. Algorand (ALGO) – $0.22
60. FLOKI (FLOKI) – $0.00
61. Bitcoin SV (BSV) – $88.91
62. Flow (FLOW) – $1.16
63. Gala (GALA) – $0.06
64. Sei (SEI) - $0.64
65. Aave (AAVE) – $113.12
66. Jupiter (JUP) – $1.21
67. Neo (NEO) – $22.46
68. Pendle (PENDLE) – $6.56
69. Beam (BEAM) – $0.03
70. BitTorrent (New) (BTT) – $0.00
71. ORDI (ORDI) – $68.72
72. Flare (FLR) – $0.04
73. Quant (QNT) – $112.11
74. MultiversX (EGLD) – $49.87
75. The Sandbox (SAND) - $0.59
76. dYdX (Native) (DYDX) – $2.87
77. Bonk (BONK) – $0.00
78. Axie Infinity (AXS) – $9.19
79. eCash (XEC) - $0.00
80. Conflux (CFX) – $0.34
81. Starknet (STRK) – $1.76
82. SingularityNET (AGIX) - $1.00
83. Wormhole (W) – $0.71
84. Nervos Network (CKB) - $0.03
85. EOS (EOS) – $1.10
86. Synthetix (SNX) - $3.71
87. Tezos (XTZ) – $1.24
88. Chiliz (CHZ) – $0.14
89. Worldcoin (WLD) – $6.36
90. Decentraland (MANA) – $0.60
91. Ronin (RON) – $3.54
92. JasmyCoin (JASMY) – $0.02
93. Mina (MINA) – $1.01
94. Pyth Network (PYTH) – $0.72
95. Ondo (ONDO) – $0.75
96. KuCoin Token (KCS) - $10.40
97. Kava (KAVA) – $0.90
98. IOTA (IOTA) – $0.30
99. Gnosis (GNO) – $368.65
100. Helium (HNT) – $5.93
Analyzing the cryptocurrency market data for April 12, 2024, provides us with a broad understanding of the current state and emerging trends within the digital currency space. Here’s a summary and analysis of key metrics and insights from the top 100 cryptocurrencies by market cap.
### General Overview:
– **Bitcoin (BTC)** continues to dominate the market with a market cap of approximately $1.373 trillion, holding a market dominance of 53%. It experienced a slight dip in price over the hour (-0.57%) but has shown promising growth of 63.47% over the last 90 days.
– **Ethereum (ETH)** follows as the second-largest cryptocurrency, with a market cap of $416.1 billion. Despite a minor hourly and daily decrease, it has seen a significant rise of 36.71% over the quarter.
– **Tether (USDT)** and **USD Coin (USDC)**, as stablecoins, maintain their peg close to $1 but have a vast difference in 24-hour volume, with Tether significantly leading.
– **Dogecoin (DOGE)**, still riding the waves of its meme coin status, has seen an impressive 139.72% increase over the last 90 days, showcasing the volatile and speculative nature of such assets.
– **Toncoin (TON)** and **Dogwifhat (WIF)** show remarkable growth rates over a 90-day span with 237.49% and 1324.67%, respectively, highlighting the rapid and sometimes unpredictable appreciation potential within the altcoin segment.
### Significant Changes & Trends:
– The cryptocurrency market shows a blend of stablecoin reliability with USDT and USDC maintaining their value, high market cap dominance by traditional leaders like BTC and ETH, and notable growth among newer or less established coins.
– **Market Volatility:** While leading currencies like BTC and ETH maintain a relatively stable growth trajectory, the market also displays significant volatility, especially among altcoins and meme coins like DOGE and WIF. This volatility is a double-edged sword, offering the potential for high returns but also posing significant risks.
– **Growth in Altcoins:** Altcoins such as TON, DOGE, Toncoin, and Dogwifhat are witnessing significant growth, underscoring a broadening interest in alternative cryptocurrencies beyond the dominant ones. This diversification within the market might signal a shift in investor sentiment and strategy, favoring niche communities and project-specific utility.
– **Stablecoin Stability vs. High Market Cap Volatility:** The stability of USDT and USDC amidst the volatility in the rest of the market highlights their role as safe havens and liquidity providers in the cryptocurrency ecosystem. Their stability and high 24-hour volumes indicate significant use in trading pairs and as a base currency for investors looking to hedge against volatility.
- **Emerging Trends:** The data suggests a growing enthusiasm for projects with specific purposes or communities, as seen in the significant increases in market pairs and the development of newer cryptocurrencies entering the top 100. This trend towards diversification could encourage innovation but also highlights the need for diligent research and risk management among investors.
### Conclusion:
The cryptocurrency market as of April 12, 2024, demonstrates a mix of mature stability in top currencies and volatile growth among altcoins and meme coins. While leading cryptocurrencies like Bitcoin and Ethereum offer a sense of security with their size and market cap dominance, the rapid appreciation of newer and less established coins reflects an appetite for risk and speculation among investors. The role of stablecoins as a stabilizing force amidst this volatility further highlights the multifaceted dynamics of the cryptocurrency market. Investors and enthusiasts would do well to keep an eye on these evolving trends, balancing the pursuit of growth with prudent risk management.