On Thursday, crypto price charts showed more gains than losses. Bitcoin and most other altcoins have experienced a recovery in their prices in the past 24 hours. However, the Fear and Greed Index has not shown any movement and remains at a score of 35/100, indicating fear in the market.
Overall Performance of Altcoins
Bitcoin (BTC) price is still below the $30,000 resistance level at $25,785.68 and has only increased by about 0.08% in the past day. Other prominent altcoins, Cardano (ADA) and Solana (SOL), on the other hand, have experienced losses.
Ethereum has seen a 0.32% increase in price over the past 24 hours, trading at $1,637.33. Among other leading cryptocurrencies, XRP has observed a 0.35% loss in coin price. Solana has faced bears with a 1.93% decrease in price. Meanwhile, Polygon (MATIC), which was trading above the red zone a few days ago, has experienced a 0.19% decrease since then. Polkadot, on the other hand, has recorded an almost 0.49% increase in coin price within a day.
The world of meme cryptocurrencies appears to be in a mixed state. In the past 24 hours, Dogecoin’s price has decreased by about 0.67%, while Shiba Inu’s token price has increased by almost 0.29%.
Today, the crypto market is showing some recovery in prices, with a few exceptions. The global crypto market value is currently at $1.04 trillion. The 24-hour crypto market volume has increased by more than 10.80% to $26.74 billion.
Price Increase in 3 Altcoins
Pepe coin has shown a 0.89% increase. Pepe coin price has witnessed small upward movements for two consecutive days. The price has increased by almost 1% since yesterday and is currently trading at $0.0000008034. The global market value is $315.02 million. Pepe cryptocurrency bulls are trying to hold on, but the pattern of the channel should be closely watched by cryptocurrency holders for any potential reversal.
RUNE token has increased by 7.31%. THORChain’s RUNE token has shown an almost 8% increase in the past 24 hours. The price is currently trading at $1.60. The global market value is $541,646,201. RUNE has managed to avoid being affected by the selling pressure in the past seven days and has shown an increase of more than 4% during the same period.
RNDR crypto token has increased by 5.82%. Render’s RNDR token price has shown an increase of more than 5% in the past 24 hours. The price is currently trading at $1.45. The global market value is $538,351,174. RNDR has resisted bears in the past 7 days and has managed to stay in the green zone.
SOL token has decreased by 1.63%. Solana’s SOL token price has shown a decrease of more than 1% in the past 24 hours. The price is currently trading at $19.70. The global market value is $8,069,444,965. Bears have come after SOL token experienced significant price increases in the past few days. However, data from DefiLlama shows that Solana’s Total Locked Value (TVL) and stablecoin market value have not changed significantly.
