May 27, 2024
1. Bitcoin (BTC) – $69078.93
2. Ethereum (ETH) – $3806.67
3. Tether USDt (USDT) – $1.00
4. BNB (BNB) - $600.76
5. Solana (SOL) - $164.39
6. USDC (USDC) – $1.00
7. XRP (XRP) – $0.53
8. Dogecoin (DOGE) – $0.17
9. Toncoin (TON) – $6.32
10. Cardano (ADA) – $0.46
11. Avalanche (AVAX) – $37.04
12. Shiba Inu (SHIB) – $0.00
13. Polkadot (DOT) – $7.52
14. Chainlink (LINK) – $17.22
15. TRON (TRX) – $0.11
16. Bitcoin Cash (BCH) – $486.32
17. NEAR Protocol (NEAR) – $8.01
18. Polygon (MATIC) - $0.72
19. Uniswap (UNI) – $11.38
20. Pepe (PEPE) - $0.00
21. Litecoin (LTC) – $84.44
22. Internet Computer (ICP) – $12.14
23. UNUS SED LEO (LEO) – $5.95
24. Dai (DAI) – $1.00
25. Ethereum Classic (ETC) – $31.72
26. Aptos (APT) – $9.00
27. Render (RNDR) – $10.07
28. Hedera (HBAR) – $0.11
29. Immutable (IMX) – $2.39
30. Mantle (MNT) – $1.02
31. Kaspa (KAS) – $0.14
32. Cosmos (ATOM) – $8.37
33. Filecoin (FIL) - $5.86
34. Cronos (CRO) – $0.12
35. Stellar (XLM) – $0.11
36. Arbitrum (ARB) - $1.19
37. First Digital USD (FDUSD) – $1.00
38. dogwifhat (WIF) – $3.05
39. The Graph (GRT) – $0.32
40. Bittensor (TAO) – $434.69
41. OKB (OKB) – $48.55
42. Stacks (STX) – $1.98
43. Optimism (OP) – $2.58
44. Monero (XMR) – $142.79
45. Maker (MKR) – $2824.64
46. VeChain (VET) – $0.04
47. Arweave (AR) – $39.27
48. Sui (SUI) – $1.03
49. Bonk (BONK) – $0.00
50. Injective (INJ) - $25.06
51. Lido DAO (LDO) – $2.57
52. Theta Network (THETA) – $2.29
53. Fantom (FTM) – $0.81
54. THORChain (RUNE) - $6.70
55. FLOKI (FLOKI) – $0.00
56. Fetch.ai (FET) – $2.25
57. Core (CORE) - $2.14
58. Ondo (ONDO) – $1.28
59. Celestia (TIA) – $9.14
60. Pyth Network (PYTH) - $0.44
61. Aave (AAVE) - $106.95
62. Bitget Token (BGB) – $1.12
63. Sei (SEI) – $0.53
64. Algorand (ALGO) – $0.19
65. Jupiter (JUP) – $1.12
66. Beam (BEAM) – $0.03
67. Starknet (STRK) – $1.24
68. Flow (FLOW) – $0.93
69. Ethena (ENA) – $0.92
70. Gala (GALA) – $0.04
71. Akash Network (AKT) - $5.28
72. Bitcoin SV (BSV) - $63.22
73. SingularityNET (AGIX) – $0.94
74. Chiliz (CHZ) - $0.14
75. JasmyCoin (JASMY) - $0.02
76. BitTorrent (New) (BTT) – $0.00
77. dYdX (Native) (DYDX) - $2.06
78. Axie Infinity (AXS) – $7.80
79. Quant (QNT) – $92.38
80. Flare (FLR) – $0.03
81. Neo (NEO) – $15.36
82. MultiversX (EGLD) – $38.76
83. Ronin (RON) – $3.21
84. Pendle (PENDLE) – $6.65
85. Worldcoin (WLD) - $4.59
86. The Sandbox (SAND) – $0.45
87. Wormhole (W) – $0.56
88. KuCoin Token (KCS) – $10.19
89. eCash (XEC) – $0.00
90. Gnosis (GNO) – $368.42
91. Synthetix (SNX) – $2.91
92. Tezos (XTZ) – $0.97
93. Mina (MINA) - $0.85
94. EOS (EOS) – $0.84
95. BOOK OF MEME (BOME) – $0.01
96. AIOZ Network (AIOZ) – $0.82
97. Conflux (CFX) – $0.22
98. Decentraland (MANA) – $0.45
99. ORDI (ORDI) – $38.66
100. Nexo (NEXO) – $1.45
**Cryptocurrency Market Analysis for May 26, 2024**
The cryptocurrency market on May 26, 2024, reflects a dynamic and rapidly changing environment, displaying varied trends across the top 100 cryptocurrencies by market capitalization. Below is a summary and analysis of the key data points and trends observed in the market:
### **Market Leaders**
– **Bitcoin (BTC)** continues to dominate the market with a price of $69,078.93 and a market cap of $1.361 trillion, commanding a 53% market dominance. The stability and slight uptick in Bitcoin’s price by 0.15% in the last hour and a moderate 34.53% increase over the last 90 days signify investor trust in its value storage capability.
– **Ethereum (ETH)** holds the second position, priced at $3,806.67 with a market cap of $457.3 billion. Ethereum shows notable gains over the last 90 days with a 23.75% increase, highlighting continuous confidence in its leading smart contract platform.
- **Tether (USDT)**, a stablecoin, maintains its peg around $1, which is expected, though it witnesses the highest 24h volume at approximately $39.3 billion, indicating its pivotal role in market liquidity.
### **Notable Trends & Performers**
– **Dogecoin (DOGE)** presents a significant 90-day price change of 97.39%, hinting at speculative activity or growing utility perception among investors.
– **Toncoin (TON)** and **Pepe (PEPE)** exhibit extraordinary 90-day price surges of 198.54% and 954.04%, respectively, suggesting intensive investor interest or speculative rallies.
– **Solana (SOL)**, despite a market cap of $73.9 billion, has seen a decline over the last 60 days by 10.36%, possibly indicating shifting market sentiment or competitive pressures.
### **Volume & Market Activity**
The market has seen a mix of volume changes, with several top cryptocurrencies experiencing a significant reduction in 24h volume, such as Bitcoin and Ethereum with -37.25% and -23.81%, respectively. This drop might reflect a cooling-off period after recent market activities or a consolidation phase.
### **Emerging Trends**
– **Arbitrum (ARB)** and **Immutable (IMX)** among newer entrants, highlight growing interest in layer-2 solutions and NFT platforms, despite some short-term price declines, pointing towards evolving investment sectors within the crypto space.
– **JasmyCoin (JASMY)** and **Chiliz (CHZ)**, with substantial 90-day price growth of 58.24% and 0.87%, indicate areas of the market gaining enthusiasm, especially in sectors like fan tokens and IoT.
### **Stability and Shifts**
– **Stablecoins** like USDT and USDC play a critical role in providing market stability and facilitating trades, with minor fluctuations close to their pegged value.
– Significant fluctuations in volume and price among top cryptocurrencies highlight ongoing market volatility and the speculative nature of the asset class.
### **Conclusion**
The cryptocurrency market as of May 26, 2024, showcases a robust blend of stability in leading assets like Bitcoin and Ethereum, alongside significant gains and losses among altcoins, reflecting the speculative and dynamic nature of the market. Emerging trends in NFTs, smart contract platforms, and layer-2 solutions point to a diversifying investment landscape. Investors are advised to conduct thorough research and maintain a diversified portfolio to navigate the volatile crypto market effectively.