Apr 17, 2024
1. Bitcoin (BTC) – $63008.79
2. Ethereum (ETH) – $3086.75
3. Tether USDt (USDT) – $1.00
4. BNB (BNB) – $538.95
5. Solana (SOL) – $134.07
6. USDC (USDC) – $1.00
7. XRP (XRP) – $0.49
8. Dogecoin (DOGE) – $0.15
9. Toncoin (TON) – $6.19
10. Cardano (ADA) – $0.46
11. Shiba Inu (SHIB) – $0.00
12. Avalanche (AVAX) – $34.48
13. TRON (TRX) – $0.11
14. Polkadot (DOT) – $6.61
15. Bitcoin Cash (BCH) – $480.93
16. Chainlink (LINK) – $13.31
17. Polygon (MATIC) – $0.70
18. Litecoin (LTC) – $78.84
19. Internet Computer (ICP) – $12.08
20. NEAR Protocol (NEAR) – $5.22
21. UNUS SED LEO (LEO) – $5.81
22. Dai (DAI) – $1.00
23. Uniswap (UNI) – $7.18
24. First Digital USD (FDUSD) – $1.00
25. Aptos (APT) – $9.06
26. Ethereum Classic (ETC) – $25.90
27. Mantle (MNT) – $1.10
29. OKB (OKB) – $57.87
28. Stacks (STX) - $2.40
30. Cronos (CRO) - $0.13
31. Filecoin (FIL) – $5.96
32. Cosmos (ATOM) – $8.07
33. Render (RNDR) – $8.24
34. Bittensor (TAO) – $474.89
35. Stellar (XLM) – $0.11
36. Arbitrum (ARB) – $1.13
37. Maker (MKR) - $3119.78
38. VeChain (VET) – $0.04
39. Hedera (HBAR) – $0.08
40. Immutable (IMX) – $1.88
41. Kaspa (KAS) – $0.11
42. dogwifhat (WIF) - $2.61
43. The Graph (GRT) – $0.25
44. Injective (INJ) – $24.51
45. Optimism (OP) – $2.18
46. Monero (XMR) – $118.98
47. Pepe (PEPE) – $0.00
48. Theta Network (THETA) – $2.00
49. Core (CORE) – $2.20
51. Celestia (TIA) – $10.62
50. Fantom (FTM) – $0.67
52. Lido DAO (LDO) – $1.98
53. Fetch.ai (FET) – $2.03
54. THORChain (RUNE) - $5.09
55. Bitget Token (BGB) – $1.17
56. Arweave (AR) – $24.25
57. Sui (SUI) – $1.18
58. Pendle (PENDLE) - $6.02
59. Algorand (ALGO) – $0.17
60. Ethena (ENA) - $0.97
61. Beam (BEAM) – $0.03
62. Sei (SEI) - $0.48
63. FLOKI (FLOKI) – $0.00
64. Neo (NEO) – $18.82
65. Flow (FLOW) – $0.87
66. Bitcoin SV (BSV) – $65.93
67. Jupiter (JUP) – $0.95
68. Gala (GALA) – $0.04
69. Aave (AAVE) – $84.49
70. Quant (QNT) – $102.42
71. Flare (FLR) – $0.03
72. BitTorrent (New) (BTT) – $0.00
73. Ondo (ONDO) - $0.82
74. Wormhole (W) – $0.60
75. SingularityNET (AGIX) – $0.84
76. MultiversX (EGLD) – $39.42
77. eCash (XEC) – $0.00
78. Ronin (RON) – $3.16
79. Axie Infinity (AXS) - $6.88
80. dYdX (Native) (DYDX) – $2.12
81. Tezos (XTZ) – $1.00
83. The Sandbox (SAND) – $0.43
82. Nervos Network (CKB) - $0.02
84. Conflux (CFX) - $0.24
85. Synthetix (SNX) – $2.90
86. Worldcoin (WLD) – $5.01
87. Starknet (STRK) – $1.28
88. Bonk (BONK) – $0.00
89. Chiliz (CHZ) – $0.10
90. ORDI (ORDI) - $42.42
91. Gnosis (GNO) – $333.26
93. JasmyCoin (JASMY) - $0.02
92. Pyth Network (PYTH) – $0.57
94. Mina (MINA) – $0.77
95. EOS (EOS) – $0.74
96. Akash Network (AKT) – $3.56
97. Decentraland (MANA) – $0.43
98. KuCoin Token (KCS) - $8.38
99. USDD (USDD) – $0.99
100. ApeCoin (APE) - $1.18
Analyzing the latest cryptocurrency market data offers a comprehensive overview of trends, significant changes, and insights into the current state of the market as of April 16, 2024. Here’s a concise summary and analysis based on the provided metrics:
1. **Bitcoin (BTC)** remains the market leader with a significant lead in market cap, demonstrating a market cap dominance of 54%. Despite a slight 24-hour price decline of 0.08%, it has experienced substantial growth over the last 90 days, showing a 48.29% increase, indicating a strong bullish momentum in the long-term view.
2. **Ethereum (ETH)** holds its position as the second-largest cryptocurrency, with a 24-hour volume of $22.8 billion and a 16% market cap dominance. While it has seen short-term declines similar to Bitcoin, its 90-day price increase of 21.28% suggests continued investor confidence in its long-term value.
3. **Stablecoins** such as Tether (USDT) and USD Coin (USDC) show minimal price changes, as expected, given their peg to the USD. Their substantial 24-hour trading volumes of $89.2 billion and $10.2 billion, respectively, underline their critical role in the crypto market as liquidity providers and safe havens.
4. **Solana (SOL)** and **Dogecoin (DOGE)** have seen significant short-term price declines over 7 days, at -23.07% and -20.62% respectively. Dogecoin‘s remarkable 90-day increase of 91.06% highlights the impact of community support and speculative trading on price volatility.
5. **Toncoin (TON)** and **Shiba Inu (SHIB)** stand out with their extraordinary 90-day price changes of 165.16% and 135.74%, respectively. These substantial increases may reflect speculative investments and community-driven momentum.
6. **Avalanche (AVAX)** and **Polkadot (DOT)** faced steep 7-day price declines at -28.45% and -26.75%, indicating short-term bearish trends amidst broader market uncertainties.
7. **Innovation and Speculation**: It’s noteworthy that new or lesser-known cryptocurrencies like **dogwifhat (WIF)** and **Ondo (ONDO)** are experiencing dramatic 90-day price changes of 618.03% and 404.41%, respectively. Such movements might be driven by speculative trading, innovation, or unique use cases catching the market’s attention.
8. **Market Trends**: The overall market shows a mix of short-term bearish and long-term bullish trends. While many top cryptocurrencies have faced declines in price over the past week and month, the 60-day and 90-day changes for several coins suggest a positive outlook in the medium to long term. This juxtaposition may indicate market corrections following significant gains or uncertainty in the short term while maintaining optimism for future growth.
9. **Market Cap and Volume**: Bitcoin and Ethereum continue to dominate the market cap, making up 70% of the total among the top 10 cryptocurrencies. The high 24-hour trading volume across various cryptocurrencies signals active trading and liquidity in the market.
In conclusion, the cryptocurrency market data from April 16, 2024, reveals a complex picture of short-term corrections against a backdrop of longer-term growth. Investors might be adjusting their portfolios in response to recent gains, while the market remains bullish on fundamental and technological advancements within the space. Traders and investors would do well to keep an eye on emerging cryptocurrencies that are experiencing significant momentum, as these may offer unique opportunities amidst the market’s broader movements.