The overall crypto market, including the top 20, is bearish. Yesterday’s trading session saw new highs for the DJ30 (+0.68%), and SPX500 (+0.64%). Higher closing prices were also recorded by the NASDAQ100 (+1.2%) Tesla was the standout performer on the SPX500, advancing 13.5% after smashing analysts’ sales expectations.
The top 20 market cap-ranked companies have lost most of their value. Algorand and Polkadot are the exceptions. Solana fell more than 3 percent, Cardano and BNB dropped more 2.5%, and XRP plunged more than 2%. Bitcoin was trading at $46,000 and had fallen 1.5% by the time of writing.
The live NEAR Protocol price today is $17 with a 24-hour trading volume of $1.4 billion. NEAR Protocol ranks 15th and has increased almost 20% over the last 24 hours.
Fantom, which is ranked #19, traded at $2.89 at time of writing. It has risen 19% over the past 24 hours. It continues to correct its previous pullbacks and is unaffected. It has been in a bull run since December 13, 2021. Analysts believe it will regain its ATH at $3 before January ends.
ATOM, a token of Cosmos is another winner. It currently trades at $2 billion per hour and is priced at just over $39, less than its current price. In the last 24 hours, ATOM, its native token, has been up 10%
Today, Hathor is the largest top 100 winner with 25% gains. It arranges its transactions in a DAG – outside the blocks – which are confirmed by the blocks. This design is said to allow Hathor to be extremely scalable and decentralized. Hathor is aiming to simplify the process of creating a new cryptocurrency token. The network tokens will operate in the same way as native HTR tokens, with the same security and scalability.
Ravencoin comes in second place with 17% gains. It is a peer to peer digital network that seeks to implement a specific use case blockchain. It can efficiently transfer assets between parties.
Today, Secret and Velas both saw 13% growth. Velas claims it is the fastest EVM blockchain in the world, processing up to 75 000 transactions per second, while maintaining high security and low costs. Secret is the native token for Secret Network. It’s a blockchain that provides data privacy for smart contract by default. This allows you build and use apps that are both anonymous and private. This functionality protects users, secures applications, and unlocks hundreds of never-before-possible use cases for Web3.
Akash is the DeCloud for DeFi and the first decentralized cloud computing marketplace in the world. It is also up 13% today. Tezos gained 12% over the past 24 hours.
Saitama, a community-driven token platform and platform, has nearly doubled in value today. It aims to create solutions that educate the next generation and make crypto safe and simple for all. It started out as a meme coin but grew into something more. It’s surging on news of a potential Binance listing.
Shuna Inuverse NFT gaming utility initiative is the largest trending coin today, growing at 831%.