Marketplace – 2024-05-05

Daily Analysis

The cryptocurrency marketplace on May 5, 2024, saw a mixed performance⁤ with some tokens showing significant gains while others faltered. BNB continues to⁣ command a top position with a market ⁤cap approaching $86 billion, despite a slight decrease of 0.6% over‌ the last 24 hours. Its performance over the last 90 days has been notable, with an increase of 91.8%.

Bitcoin ⁢Cash and OKB‍ are facing challenges, registering losses both on a daily and weekly scale. Bitcoin Cash, specifically, has seen a sharp decrease of 33% over the last ‍30 days, despite an uptick of 95% over the last 90 days, indicating a highly volatile period.

UNUS SED LEO​ and ⁢Hedera, although lesser-known than giants ⁢like Bitcoin and Ethereum, performed modestly ‌with​ slight⁣ reductions in their day-to-day ⁣trading prices but showcased steady growth over a longer horizon. LEO, with a marginal daily drop by 0.3%, has accumulated a 43.8% gain in the last ⁤90 days.

Highlighting the volatility⁣ and ⁣potential of smaller cap ​cryptocurrencies, Bitsdaq starkly stood out with an astronomical 24-hour change of 18,112%, reflecting ⁤a significant event or a substantial shift in investor confidence. SolCex and Spectre.ai Dividend Token ‌also demonstrated commendable growth.

However, looking⁢ at the underperformers, Bodhi, Elemon,‍ and Arcblock dipped significantly over ​the last 24 hours, with Arcblock plunging by 9.2% yet showcasing a commendable 288.1% gain over 90 days, highlighting the common volatile nature of‍ crypto investments.

Over a one-week period, ‌SolCex surged ​by 331.5%, perhaps due to speculative trading or potential pivotal updates within‌ the platform. Conversely, Rock deteriorated by 44.4%, reflecting potential pullbacks or adverse market sentiments.

On a monthly overview, ‌apart from the staggering performance of ‍Bitsdaq, Credo rose by 120.8% which might catch the eye of risk-tolerant investors looking for high-growth ‍potential tokens. LBRY Credits and​ PKT ‍struggled, with significant retreats of 50.7% ​and 44.6% respectively, underscoring potential issues or disfavor among the​ investor community.

In a broader perspective over the last 90 days, TriumphX and HyperGPT⁢ presented impressive rallies of 2027.2% ‍and 404.3%, indicating successful strategic maneuvers or ​favorable market conditions. In ⁢stark contrast, Huobi‍ Token and Particl faced severe downturns, dropping ‍by 79.5% and 39.9% ⁣respectively.

This snapshot illuminates the high-risk, high-reward nature of cryptocurrency investments. While certain tokens present potential for hefty ⁣returns, others ⁣require cautious engagement due to their dramatic⁣ fluctuations and the influence of ⁢external market drivers. For enthusiastic investors​ in the digital currency space, staying‍ updated with such daily shifts is crucial to ‍navigating ​the ​crypto waters effectively.

Marketplace – 2024-05-05

Top Market Caps

Rank
Name
Symbol
Market Cap
Price
24h Volume
24h %
4 BNB BNB 85.9B 582.1 583.9M -0.6
15 Bitcoin Cash BCH 9.1B 459.5 318.4M -0.9
21 UNUS SED LEO LEO 5.4B 5.8 1.2M -0.3
25 Hedera HBAR 3.9B 0.1 116.0M -1.7
38 OKB OKB 3.0B 50.2 4.8M -1.4

Today’s Winners

Rank
Name
Symbol
Market Cap
Price
24h Volume
24h %
N/A Bitsdaq BQQQ 0 0 0 18112
N/A Rock RKT 0 0 0 61.2
N/A Spectre.ai Dividend Token SXDT 0 0 6.6 21.4
1344 SolCex SOLCEX 4.5M 0.009 2.8M 13.9
853 SwftCoin SWFTC 21.2M 0.005 3.4M 13.6

Today’s Losers

Rank
Name
Symbol
Market Cap
Price
24h Volume
24h %
N/A Bodhi BOT 0 0 232.8 -10.1
1769 Elemon ELMON 865.2K 0.001 10.0K -9.4
196 Arcblock ABT 322.8M 3.3 11.4M -9.2
N/A MB8 Coin MB8 0 0 0 -7.9
750 Only1 LIKE 30.3M 0.1 901.7K -7.5

Weekly Winners

Rank
Name
Symbol
Market Cap
Price
24h Volume
24h ⁤%
N/A Bitsdaq BQQQ 0 0 0 18112
1344 SolCex SOLCEX 4.5M 0.009 2.8M 13.9
N/A Spectre.ai Dividend Token SXDT 0 0 6.6 21.4
N/A Credo CREDO 0 0 0 10.3
1644 Abyss ABYSS 1.4M 0.006 0 0.07

Weekly Losers

Rank
Name
Symbol
Market Cap
Price
24h Volume
24h %
N/A Rock RKT 0 0 0 61.2
1356 Particl PART 4.2M 0.3 40.0K 0.5
1700 XY Finance XY 1.1M 0.1 37.4K 7.6
167 aelf ELF 400.8M 0.6 11.4M 0.7
1212 PKT PKT 7.0M 0.002 43.1K 2.2

Monthly Winners

Rank
Name
Symbol
Market Cap
Price
24h Volume
24h %
N/A Bitsdaq BQQQ 0 0 0 18112
1344 SolCex SOLCEX 4.5M 0.009 2.8M 13.9
N/A Credo CREDO 0 0 0 10.3
N/A ZB ⁢Token ZB 0 0 0 0
1644 Abyss ABYSS 1.4M 0.006 0 0.07

Monthly Losers

Rank
Name
Symbol
Market Cap
Price
24h Volume
24h ​%
1616 HyperCash HC 1.5M 0.03 97.3K 4.9
1546 LBRY Credits LBC 2.0M 0.003 11.2K -3.1
750 Only1 LIKE 30.3M 0.1 901.7K -7.5
1212 PKT PKT 7.0M 0.002 43.1K 2.2
909 Step App FITFI 17.8M 0.007 3.2M -2.3

Quarterly Winners

Rank
Name
Symbol
Market Cap
Price
24h Volume
24h %
N/A Bitsdaq BQQQ 0 0 0 18112
1418 TriumphX TRIX 3.2M 0.0006 0 0.7
757 HyperGPT HGPT 29.5M 0.07 5.1M -1.6
142 Arkham ARKM 460.5M 2.3 102.4M 1.9
196 Arcblock ABT 322.8M 3.3 11.4M -9.2

Quarterly Losers

Rank
Name
Symbol
Market Cap
Price
24h⁣ Volume
24h %
446 Huobi Token HT 97.8M 0.6 670.3K -0.9
1616 HyperCash HC 1.5M 0.03 97.3K 4.9
1553 IQ⁤ Protocol IQT 2.0M 0.2 295.2K -0.8
N/A Insights Network INSTAR 0 0 0 0
1356 Particl PART 4.2M 0.3 40.0K 0.5