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The crypto market as a whole is bearish, with most of the top 100 coins in the red at the time of writing this article.
Top Cryptos
The crypto market was in the red this morning, with the majority of the top 10 cryptos recording significant losses. Bitcoin had fallen by about 3% at the time of writing this article and was trading below $30,000.
Ethereum was around 4% lower, XRP around 5% and Cardano recorded losses of 6%. The biggest top-20 loser is Avalanche, which lost 12%.
NEAR Protocol dropped out of the top 20. His place was taken by UNUS SED LEO, which recorded some of the lowest losses of all the top 100 coins. 1 LEO is on the verge of breaking $5.
Tron is the only winner among the top 20. Currently ranked 14th by market capitalization, it has gained 3% in the last 24 hours and is trading for 7 cents.
Top Movers
Outside the top 20, the trend was similar, with most coins losing 3-8% of their value. Outside this range, Decentraland was down by -10%, The Graph by -12%, IOTA by -11% and STEPN, Waves and Convex Finance by 13% each.
Chiliz reversed yesterday’s gains, losing 14% of its value. Kadena also lost 13%, but is still up 66% this week.
The second biggest loser is Curve DAO Token, which lost 17% today. TerraUSD fell by another 42% and is currently trading for 8 cents.
Apart from a few stablecoins, Decred is the only top 100 winner. It increased its current value by 4%.
In the trend
The biggest winner today is a BNB smart chain token called Fairy Forest NFT (FFN). Fairy Forest is a project that you can play anywhere on the Internet, on a computer, tablet or mobile phone. No prior knowledge of cryptocurrencies is required. FFN is up 1,131% today.
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