May 10, 2024
1. Bitcoin (BTC) – $61185.32
2. Ethereum (ETH) – $2975.09
3. Tether USDt (USDT) – $1.00
4. BNB (BNB) – $594.13
5. Solana (SOL) – $143.44
6. USDC (USDC) – $1.00
7. XRP (XRP) – $0.51
8. Dogecoin (DOGE) – $0.15
9. Toncoin (TON) - $6.04
10. Cardano (ADA) – $0.45
11. Shiba Inu (SHIB) – $0.00
12. Avalanche (AVAX) – $34.07
13. TRON (TRX) – $0.13
14. Polkadot (DOT) – $6.89
15. Bitcoin Cash (BCH) – $447.11
16. Chainlink (LINK) – $13.94
17. NEAR Protocol (NEAR) – $7.13
18. Polygon (MATIC) – $0.68
19. Litecoin (LTC) – $81.11
20. Internet Computer (ICP) – $11.99
21. UNUS SED LEO (LEO) – $5.95
22. Dai (DAI) – $1.00
23. Uniswap (UNI) – $7.32
24. Render (RNDR) – $10.71
25. Ethereum Classic (ETC) - $27.08
26. Hedera (HBAR) – $0.11
27. First Digital USD (FDUSD) – $1.00
28. Aptos (APT) – $8.56
29. Cosmos (ATOM) – $8.93
30. Pepe (PEPE) – $0.00
31. Mantle (MNT) – $1.02
32. Cronos (CRO) – $0.12
33. Filecoin (FIL) - $5.73
34. Stellar (XLM) – $0.11
35. OKB (OKB) – $50.10
36. Immutable (IMX) – $2.05
37. Stacks (STX) – $2.00
38. Kaspa (KAS) - $0.12
39. dogwifhat (WIF) – $2.81
40. Optimism (OP) – $2.59
41. Arbitrum (ARB) – $1.01
42. Bittensor (TAO) - $384.60
43. Arweave (AR) – $39.29
44. The Graph (GRT) – $0.27
45. VeChain (VET) - $0.03
46. Maker (MKR) – $2680.37
47. Monero (XMR) – $130.64
48. Sui (SUI) – $1.00
49. Injective (INJ) – $23.30
50. Theta Network (THETA) – $2.14
51. THORChain (RUNE) – $5.98
52. Fantom (FTM) – $0.67
53. Fetch.ai (FET) – $2.18
54. Lido DAO (LDO) - $1.91
55. Celestia (TIA) – $9.31
56. FLOKI (FLOKI) - $0.00
57. Algorand (ALGO) – $0.19
58. Bitget Token (BGB) - $1.08
59. Bonk (BONK) – $0.00
60. Core (CORE) – $1.67
61. Sei (SEI) - $0.52
62. Jupiter (JUP) – $1.02
63. Flow (FLOW) – $0.88
64. Ethena (ENA) – $0.86
65. Gala (GALA) – $0.04
66. Aave (AAVE) – $86.91
67. Bitcoin SV (BSV) – $62.76
68. Akash Network (AKT) - $5.09
69. Beam (BEAM) – $0.02
70. dYdX (Native) (DYDX) – $2.10
71. Quant (QNT) – $96.97
72. SingularityNET (AGIX) - $0.91
73. Flare (FLR) – $0.03
74. BitTorrent (New) (BTT) – $0.00
75. Worldcoin (WLD) - $5.42
76. Wormhole (W) - $0.61
77. Pendle (PENDLE) – $4.55
78. Ondo (ONDO) – $0.77
79. Chiliz (CHZ) – $0.12
80. MultiversX (EGLD) – $39.74
81. Neo (NEO) – $15.14
82. Axie Infinity (AXS) – $7.21
83. KuCoin Token (KCS) – $10.38
84. The Sandbox (SAND) - $0.43
85. eCash (XEC) – $0.00
86. AIOZ Network (AIOZ) – $0.84
87. EOS (EOS) – $0.81
88. Tezos (XTZ) – $0.92
89. JasmyCoin (JASMY) – $0.02
90. Starknet (STRK) - $1.23
91. Mina (MINA) – $0.80
92. Ronin (RON) – $2.71
93. Conflux (CFX) – $0.21
94. Synthetix (SNX) - $2.57
95. Decentraland (MANA) – $0.43
96. ORDI (ORDI) - $37.42
97. Gnosis (GNO) – $298.81
98. GateToken (GT) – $8.11
99. Nervos Network (CKB) – $0.02
100. ApeCoin (APE) - $1.24
Given the comprehensive cryptocurrency market data as of May 9, 2024, we observe several key trends and notable performances across the top 100 cryptocurrencies. Here is a summary and analysis highlighting significant movements and patterns:
### Market Overview:
– **Bitcoin (BTC)** maintains its dominance with a price of $61,185.32 and a market cap of $1,205.1 billion, representing a market cap dominance of 53%. Despite a slight 24-hour price decrease of -1.86%, it has experienced a notable 90-day price increase of 29.31%.
– **Ethereum (ETH)** follows with a market cap of $357.3 billion, though it has suffered a more substantial 30-day price decline of -17.52% compared to Bitcoin.
– **Tether (USDT) and USDC** show stable price performance as expected from stablecoins, with minor fluctuations close to their $1 peg.
### Notable Performers:
– **BNB (Binance Coin)** stands out with an impressive 90-day price increase of 83.03% and a current price of $594.13, signaling strong growth.
– **Toncoin (TON)** and **Dogecoin (DOGE)** are among the top gainers, with TON exhibiting an extraordinary 90-day price increase of 190.41% and Dogecoin rising by 80.36% over the same period.
– **Arweave (AR)** has seen a phenomenal 352.42% increase over 90 days, marking it as one of the highest gainers in the list.
### Trends and Analysis:
– **Stablecoins** like USDT, USDC, and DAI maintain their peg to the dollar closely, showing negligible price changes but substantial 24-hour trading volumes, indicating active trading and utility in the market.
– **Altcoins and Market Sentiment**: Various altcoins such as SOL, XRP, and ADA are experiencing varied performance with some underperforming the market over the last 30 and 60 days. This might indicate a mixed sentiment among altcoin investors, focusing on project fundamentals or reacting to broader economic indicators.
– **Emerging Trends**: Newer or less mainstream cryptos like Kaspa (KAS), dogwifhat (WIF), and Pepe (PEPE) are making notable strides in terms of price changes, especially in the 90-day frame, suggesting a growing interest in niche or meme coins along with utility-driven projects.
– **Market Fluctuations**: The overall market shows signs of volatility with a mix of significant gains and losses across different cryptocurrencies over varying time frames. This emphasizes the speculative nature of the crypto market and the diverse strategies employed by different projects.
– **Volume and Volatility**: The 24-hour volume change varies widely, with some cryptos like BNB seeing an increase, whereas others like Bitcoin Cash (BCH) and Chainlink (LINK) experienced significant drops. This could indicate shifting investor focus or reactions to recent news or developments impacting these coins.
### Conclusion:
The cryptocurrency market as of May 9, 2024, exhibits vibrant activity with both leading and emerging cryptos showing significant movements. The dominance of Bitcoin remains unchallenged, but altcoins and tokens associated with specific utility or community backing (such as TON, DOGE, and AR) showcase the diversity and potential growth areas within the crypto space. Investors seem to pivot towards projects with solid use cases, meme appeal, or those benefiting from recent developments, underlining the importance of staying informed and agile in the rapidly evolving crypto ecosystem.