By James Davis
The crypto market cap rose to $1.175 trillion after netting inflows worth $6.31 billion over the past 24 hours. During this timeframe, Bitcoin saw its market valuation grow to $541.22 billion, while Ethereum’s increased to $229.32 billion.
The top ten crypto assets performed varyingly on Tuesday. XRP was the biggest gainer, following a 7.13% growth. It now trades at $0.5155. The rally comes after the XRP network witnessed an increase in active addresses. The number of unique addresses that have interacted with the network over the last 24 hours rose to 490,350.
Meanwhile, MATIC declined by 3.18% to become the biggest loser. It trades at $0.8976.
Stablecoins Market
Tether’s (USDT) market cap saw net inflows of $84.34 million in the last 24 hours. Its stands at $83.20 billion as of this writing. Conversely, BUSD and USDC market valuations posted net outflows of $54.87 million and $76.32 million, dropping to $5.27 billion and $29.01 billion, respectively.
Bitcoin
BTC recorded minimal gains of 0.22% to change hands for $27,975 at press time. The coin peaked at $28,032 on Tuesday morning before selling off to find support at $27,624 in the afternoon. Bitcoin dominates 46.67% of the market.
Ethereum
ETH’s market share has remained at 19.69% despite the token gaining 0.35% over the past 24 hours. It’s priced at $1,909. Before settling at this price, the second-largest token by market cap reached a daily high of $1,917 and then plummeted toward the $1,873 support level.
Top Five Gainers
Everscale: EVER trades at $0.0688 after posting a 52.86% growth. Its market capitalization stands at $123.51 million. The investors seem excited about the project’s partnership with Crypto Match, an AI networking company.
Global Currency Reserve: GCR has been rallying since launching on Aptos and BNB Smart Chain. With a market cap of $181.67 million, GCR trades at $1.696 after rising by 48.63%.
Escroco Emerald: ESCE is up 93% over the previous seven days. Today, it has added 30.87% to trade at $0.164. The token’s market cap stands at $163.79 million.
ARAW: The crypto asset surged 27.45% to change hands for $0.0828 as of Tuesday evening. ARAW’s market valuation stands at $165.11 million.
FantasyGold: FGC gained the most (1,306%) over the last seven days. It’s up 25.26% in the past 24 hours to trade at $9.467. Its market cap stands at $1.33 billion.
Top Five Losers
Open Campus: EDU is down 14.13% to trade at $1.219 as of this writing. It’s likely that yesterday’s Twitter Space event hosted by the project did not meet the investors’ expectations. EDU’s market cap stands at $202.61 million.
TomoChain: This blockchain has seen increased activity recently. For example, DeFi protocol GemPad expanded to TomoChain a few days ago. But these events have yet to trigger a rally. TOMO is down 9.53% to trade at $1.481. Its market valuation stands at $149.71 million.
Optimism: With a market cap of $512.57 million, OP trades at $1.528, following a 6.53% decline. The token plunged 28.43% in the previous month.
Bone ShibaSwap: BONE is priced at $0.8341 after shedding 6.43% of its value. Its market capitalization stands at $191.77 million.
PEPE: This meme coin is down 5.63% to change hands for $0.0000013. Despite Tuesday’s decline, PEPE is up 68.5% over the last thirty days. Its market valuation stands at $538.53 million.