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Decentraland (MANA) Enters Top 50 After 300% Weekly Surge (Market Watch)

by oof_pj
November 2, 2021
in Chainlink
0


After one other dip to only over $60,000, bitcoin has regrouped and presently stands near $63,000. Extra spectacular value performances come from some altcoins as Polkadot tapped a brand new all-time excessive hours in the past, and Decentraland has entered the highest 50 cash by market cap.

DOT ATH as MANA Enters Prime 50

Ethereum tapped a brand new all-time excessive final week above $4,450 however retraced within the following days and misplaced over $200. Nevertheless, it reacted properly to the newest value slumps and has returned above $4,350 as of writing these traces.

Binance Coin has regularly elevated in worth ever because it broke above $500 final week. As of now, BNB stands above $540. Terra, Avalanche, Chainlink, and Litecoin have marked minor features on a 24-hour scale.

Polkadot is probably the most important gainer following an 11% improve. Consequently, DOT marked a new all-time high simply hours in the past at simply over $50.

In distinction, Dogecoin, Ripple, Solana, and Cardano are barely within the purple from the larger-cap alts.

Decentraland, using the waves of Mark Zuckerburg’s metaverse announcement, has added one other 20% of worth in a day. Furthermore, MANA is up by greater than 300% up to now seven days. Because of this, it has change into the thirty fifth largest cryptocurrency with a market cap of $6 billion, in line with CoinMarketCap.

Extra features come from The Sandbox (65%), Loopring (55%), Audius (29%), Chiliz (19%), Ankr (18%), Enjin Coin (17%), 0x (13%), Kusama (12%), and Holo (12%).

The cryptocurrency market capitalization has remained at round $2.650 trillion.

Cryptocurrency Market Overview. Source: Quantify Crypto
Cryptocurrency Market Overview. Supply: Quantify Crypto

Bitcoin Sits Round $62K

The first cryptocurrency dipped beneath $60,000 yesterday earlier than it shot as much as above $63K. Nevertheless, it failed to stay there, and the bears drove it again south to round $60,500.

As of now, it has recovered greater than $1,000 and is near $62,000 as soon as extra. Nonetheless, the gaining different cash have lowered BTC’s dominance over the market. The metric, which was as much as 47% just some weeks in the past, is now down beneath 44%.

But, bitcoin’s market capitalization has remained above $1.150 trillion. The asset has been fairly uncared for from retail’s perspective up to now few weeks, as all eyes had been focused on the meme coin mania.

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Disclaimer: Info discovered on CryptoPotato is these of writers quoted. It doesn’t characterize the opinions of CryptoPotato on whether or not to purchase, promote, or maintain any investments. You’re suggested to conduct your individual analysis earlier than making any funding choices. Use supplied data at your individual threat. See Disclaimer for extra data.

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