Although cryptos started yesterday with significant declines, they have shown remarkable recovery in the last 24 hours.
The UK100 (-2.26%), which was listed in London, suffered from strong Russian connections. Investors sold out of Anglo-Russian miners Polymetal International (-36.07%) and Evraz (-30.28%) in droves, making them by far the index’s worst performers.
New gains were recorded by the US markets. The SPX500 (+1.28%), NASDAQ100 (plus3.13%), and DJ30 (plus0.03%) all rose higher.
Bitcoin was up over 10% at the time of writing. 6 other top 10 cryptocurrencys recorded gains of 8% and more. This recent increase could be due to US President Biden’s sanctions against Russia, which include restricting the use of many major fiat currencies.
Terra is today’s biggest winner among top cryptocurrency coins, up 23%. It is thriving on news trading, with the LUNA pairing having opened on Bittrex among other.
All 100 top coins are in the Green. Anchor Protocol is an outstanding coin with 23%. Fantom gained 15% and Maker is up 19%, reversing yesterday’s prominent losses. Gala also gained 15%. Amp and Arweave have increased 18%. Theta fuel gained 14%
Neo and Zcash both have an increase of around 13%. Zcash is well on its way towards breaking $100. Convex Finance, yesterday’s biggest loser, recovered 17% of its losses today.
MetaDogecolony, a meme token, increased its value by 360% Its token DOGECO, which is a play to win token, can be described as a simple token. The team has made a demo version of the game available on its website.
Fantom is increasing the price of BOO. BOO is SpookySwap’s native token. It is an automated market-making, decentralized exchange (DEX), for the Fantom Opera network.
Today’s gains are 31%, with the DEX seeing a surge of 31% over the past 24 hours. On the DEX, users can now provide liquidity to the Fantom–Revault trading pair.