May 06, 2024
1. Bitcoin (BTC) – $63887.95
2. Ethereum (ETH) – $3132.87
3. Tether USDt (USDT) – $1.00
4. BNB (BNB) – $588.00
5. Solana (SOL) – $146.19
6. USDC (USDC) – $1.00
7. XRP (XRP) – $0.53
8. Dogecoin (DOGE) – $0.16
9. Toncoin (TON) - $5.82
10. Cardano (ADA) – $0.46
11. Shiba Inu (SHIB) – $0.00
12. Avalanche (AVAX) – $37.23
13. TRON (TRX) – $0.12
14. Polkadot (DOT) – $7.06
15. Bitcoin Cash (BCH) – $463.00
16. Chainlink (LINK) - $14.29
17. NEAR Protocol (NEAR) - $7.11
18. Polygon (MATIC) – $0.73
19. Litecoin (LTC) – $80.72
20. Internet Computer (ICP) – $12.91
21. UNUS SED LEO (LEO) – $5.78
22. Dai (DAI) – $1.00
23. Uniswap (UNI) – $7.39
24. Ethereum Classic (ETC) – $26.91
25. Hedera (HBAR) – $0.11
26. Aptos (APT) - $9.06
27. First Digital USD (FDUSD) – $1.00
28. Render (RNDR) – $9.42
29. Pepe (PEPE) – $0.00
30. Cronos (CRO) – $0.13
31. Cosmos (ATOM) – $8.85
32. Mantle (MNT) – $1.04
33. Stacks (STX) – $2.31
34. dogwifhat (WIF) – $3.32
35. Filecoin (FIL) - $6.01
36. Immutable (IMX) – $2.19
37. Stellar (XLM) – $0.11
38. OKB (OKB) – $51.38
39. Optimism (OP) – $2.87
40. Bittensor (TAO) – $438.40
41. Arbitrum (ARB) - $1.05
42. The Graph (GRT) – $0.29
43. VeChain (VET) – $0.04
44. Maker (MKR) – $2907.26
45. Arweave (AR) – $39.78
46. Sui (SUI) - $1.09
47. Kaspa (KAS) – $0.11
48. Monero (XMR) - $126.61
49. Injective (INJ) – $24.16
50. Theta Network (THETA) – $2.19
51. Fantom (FTM) – $0.69
52. Fetch.ai (FET) – $2.27
53. Celestia (TIA) – $10.18
54. FLOKI (FLOKI) – $0.00
55. Lido DAO (LDO) – $2.03
56. THORChain (RUNE) – $5.25
57. Core (CORE) – $1.97
58. Bonk (BONK) – $0.00
59. Bitget Token (BGB) – $1.16
60. Algorand (ALGO) – $0.20
61. Sei (SEI) – $0.56
62. Jupiter (JUP) – $1.05
63. Flow (FLOW) - $0.91
64. Gala (GALA) – $0.04
65. Aave (AAVE) – $88.44
66. Bitcoin SV (BSV) – $64.47
67. Beam (BEAM) - $0.02
68. Quant (QNT) – $100.97
69. Pendle (PENDLE) – $5.09
70. SingularityNET (AGIX) – $0.95
71. BitTorrent (New) (BTT) – $0.00
72. Wormhole (W) – $0.67
73. Flare (FLR) – $0.03
74. Neo (NEO) – $16.66
75. Ethena (ENA) – $0.80
76. Ondo (ONDO) – $0.81
77. Akash Network (AKT) – $4.72
78. Worldcoin (WLD) – $5.46
79. MultiversX (EGLD) – $40.92
80. Axie Infinity (AXS) - $7.40
81. Chiliz (CHZ) – $0.12
82. dYdX (Native) (DYDX) – $2.17
83. The Sandbox (SAND) – $0.45
84. KuCoin Token (KCS) – $10.29
85. eCash (XEC) – $0.00
86. JasmyCoin (JASMY) – $0.02
87. Starknet (STRK) – $1.34
88. Tezos (XTZ) – $0.96
89. Mina (MINA) – $0.84
90. Helium (HNT) – $5.72
91. Synthetix (SNX) – $2.80
92. EOS (EOS) – $0.81
93. Ronin (RON) – $2.75
94. Conflux (CFX) - $0.22
95. Decentraland (MANA) – $0.44
96. Nervos Network (CKB) – $0.02
97. ORDI (ORDI) – $39.62
98. Gnosis (GNO) – $314.00
99. Axelar (AXL) – $1.23
100. Pyth Network (PYTH) - $0.52
Based on the latest data, the cryptocurrency market is exhibiting a mix of trends with some cryptocurrencies experiencing significant gains while others face declines. Bitcoin (BTC) remains the dominant player with a market cap of $1258.2 billion, showcasing a minimal price change in the last 24 hours. Ethereum (ETH) follows, with a market cap of $376.3 billion, also showing relative stability in its price.
The data indicates a marked volatility in the market, seen in the significant price changes over various periods. For instance, dogwifhat (WIF) and Render (RNDR) show remarkable 90-day price changes of 1384.71% and 109.98%, respectively, suggesting high investor interest or speculative trading activity.
Toncoin (TON) and Shiba Inu (SHIB) have demonstrated strong performance in a 90-day period with 181.44% and 173.89% price increases, respectively, indicating positive market sentiment towards these assets. Conversely, several cryptocurrencies like Arbitrum (ARB), with a -40.97% 90-day price change, and Optimism (OP), with a -7.5% 90-day price change, are experiencing downward trends, potentially due to market corrections or decreased investor interest.
The market cap dominance metric reveals Bitcoin‘s clear leadership, holding 53% of the market share, followed by Ethereum at 16%. This dominance underscores Bitcoin and Ethereum‘s pivotal role in the cryptocurrency ecosystem.
Volume changes also provide insights into market activity. For instance, the 24-hour volume change of -34.78% for Bitcoin may indicate a temporary decrease in trading activity or market consolidation. On the other hand, Nervos Network (CKB) experienced a significant volume increase, which could suggest growing investor interest or speculative trading.
The market is also seeing significant activity in stablecoins like Tether (USDT) and USDC, maintaining their pegged value near $1, which reflects their role in providing stability and liquidity to the crypto market.
In summary, the cryptocurrency market is characterized by its usual volatility with significant price swings in both directions for various assets. Investors are showing particular interest in newer or less established cryptocurrencies like Toncoin and dogwifhat, possibly in search of higher returns. However, the foundational role of Bitcoin and Ethereum remains unchallenged, as evidenced by their market cap dominance and relatively stable prices despite market fluctuations. Investors and traders should remain vigilant, taking note of both short-term price changes and long-term trends to make informed decisions in this dynamic market environment.