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Home» Markets»Major cryptos down, KNC and Chiliz lead the way

Major cryptos down, KNC and Chiliz lead the way

rocketman 18 May 2022 Markets Comments Off on Major cryptos down, KNC and Chiliz lead the way 78 Views

The overall bearish sentiment in crypto markets is evident with all but 100 top coins currently in the red. 

Top cryptos

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. 

Top Movers

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. 

Trending

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%.  

Chiliz cryptos KNC lead Major 2022-05-18
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Posted by : rocketman
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