The overall bearish sentiment in crypto markets is evident with all but 100 top coins currently in the red.
Many major cryptos experienced small losses of as much as 2% during the past 24 hour, including Ethereum and Solana. Bitcoin fell more than 1.5% during the last 24 hours, and was trading at just $30,000 as of this writing.
Avalanche and Polkadot were the most notable, both falling over 3% and almost 5% respectively.
The trend was similar to the 20 top coins, with most coins losing between 3-5% and 5%. Maker and The Graph were notable losers, with each dropping 8% and Celo losing -7%. Kadena is down 11% today.
TerraUSD has fallen 18% and is now trading at one tenth of its previous value.
The token of Kyber Network Crystal 2 is leading the pack. KNC gained 22% yesterday. It also added 26% to its current value, surpassing the peak of last week.
Chiliz, which has 12% at the time we are writing this, is second. CHZ, the native coin of the world’s first tokenized sports exchange, began to rally after the ecosystem’s Scoville Testnet Phase 2 went live.
Convex Finance and Klaytn round out the top three gainers with increases of 4% and 6% respectively.
Today’s biggest winner is Pledge Coin (PLG), which is a cryptocurrency token that runs off the Ethereum platform.
Pledgecamp, a next-generation crowdfunding platform, uses smart escrow agreements to protect investors and hold project developers accountable. Today, it has risen by 440%.