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COINTURK NEWS > Altcoin News > Crypto Market Experiences a Day of Declines
Altcoin News

Crypto Market Experiences a Day of Declines

In Brief

  • Crypto world faces a downturn after a month of incredible surges.

  • Bitcoin led the rally, pulling altcoins up, with meme coins benefiting most.

  • CHZ, CEEK, and FLOKI tokens are currently undergoing price fluctuations.

COINTURK NEWS
COINTURK NEWS 1 year ago
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The world of cryptocurrencies continues to experience a day filled with declines. Last month, the crypto world witnessed incredible surges, with Bitcoin leading the way. During this period, BTC soared above the $73,500 mark, reaching a new all-time high (ATH), and in the process, pulled altcoins up with it, with meme coins reaping the largest benefits. Among these, FLOKI was one of the most notable, while some altcoins experienced mixed emotions. So, what’s happening with CHZ, CEEK, and FLOKI?

Contents
How Much Is 1 CHZ in Dollars?Floki (FLOKI) Price Is FallingIs CEEK VR Over?

How Much Is 1 CHZ in Dollars?

Even during the Bitcoin bull run, things didn’t seem to go well for CHZ, the native token of the Chiliz ecosystem, which is introducing cryptocurrencies to the sports sector and increasing its partners day by day.

Over the last 30 days, CHZ’s price only increased by 2%, despite seeing surges of over 1000% during the same period, disappointing investors. In the past 7 days, CHZ’s price has seen an 8% decline.

As of the time of writing today, the price of CHZ has fallen by 3% to $0.1322. CHZ’s market cap also declined by a similar margin, settling at $1.7 billion, placing it at the 84th position. The 24-hour trading volume of CHZ, however, increased by 9%, surpassing $92 million, which could be interpreted as investors collecting CHZ amidst falling market conditions.

Floki (FLOKI) Price Is Falling

Following the Bitcoin rally, FLOKI became one of the biggest winners of the bull run that saw meme coins peak. Recently, FLOKI also announced a partnership with the table tennis world championship.

These developments on the FLOKI front seemed to have a positive effect on its price. Despite the overall market downturn, FLOKI’s price has seen a 2% increase in the last 24 hours, currently trading at $0.0002308.

Is CEEK VR Over?

CEEK was one of the standout crypto projects during the last bull run, with its price reaching up to $1.20. However, it was overshadowed by many emerging projects and its native token failed to keep up with the pace.

CEEK, still closely monitored by investors, has experienced a 7% decrease today at the time of writing, with the price falling to $0.07009. The market cap after this decline stood at just $56 million.

The interest in the project, which reached high prices in the last bull run, seems to be waning day by day. The trading volume over the last 24 hours has dropped by 39%, barely exceeding $2 million, suggesting investor interest is almost negligible. Nonetheless, new developments in the coming days could contribute to CEEK’s recovery and please its investors.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 22 March, 2024 - 7:51 pm 22 March, 2024 - 7:51 pm
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