Cryptocurrencies Rebound After The Super Bowl

Yesterday’s top ten cryptos all appeared after several crypto companies had advertised during the Pro Football Championship game.

Yesterday’s market volatilityThe DJ30 and SPX500 fell 0.29% and 0.44% respectively. NASDAQ100 also rose marginally by 0.25%. Investors again felt uneasy by the geopolitical tensions in Europe, which caused a selloff of their stock on Friday evening. But they appeared calmer today.

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As a result of wider market worries over Ukraine’s geopolitical status, the UK100 dropped 1.75% yesterday. The oil price almost surpassed $94, a rise of nearly 90 USD from Monday’s previous peak.

Top Cryptocurrencies Performance

The price of Bitcoin briefly rose to  $43,500 today. Solana saw an 8% increase, and Ethereum saw a more substantial 7% gain. XRP and Cardano also saw increases with 3 percent each at their peak values throughout Tuesday’s trading session alone.

Bitcoin Price
Bitcoin rose 3.6% within 24 hours, trading at $44,000| Source: BTC/USD Chart on Tradingview.com

Avalanche’s live price is $88.33. The 24-hour trading volume has increased more than a billion. During the same period, Avalanche’s token AVAX has risen nearly 11%.

With a 24-hour trading volume of $1.12 billion, Polygon is currently up 10% from yesterday’s price action and market cap 15th most significant coins in terms of the total worth.

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The Day’s Top Gainers

It’s a good day to be in the top 100. Today’s biggest winners of the top 100 are Kadena, Gala, Mina, and The Graph. Kadena’s blockchain ecosystem makes crypto accessible to everyone. You get the safety of Bitcoin and unmatched throughput. Their smart contracts are more innovative than ever, too – they have almost raised their value today due in large part because it offers all this great technology at an affordable price point (and no lock-ups).

With the recent announcement of Galaverse dates, Gala Games’ market value has increased by 18%. In less than 24 hours, the Graph Indexing Protocol for querying data over networks like IPFS and Ethereum has risen 19%.

Mina has seen its value rise 17% in recent months as they work to make the blockchain more efficient. Mina Protocol’s succinct and efficient blockchain is helping to reduce computational requirements for DApps transaction processing. 

Many coins have gained substantial value over the past 24 hours, which has been very interesting for crypto traders. One such example is Decentraland’s MANA token which saw its price increase by 9% in just one day. Other winners include Secret  at +14%, Helium (+12%), and Qtum(+11%). Fantom, the most popular metaverse, also performed well. It grew by 8%

Hedera Hashgraph is the latest blockchain technology that uses directed acyclic diagrams (DAGs). It has experienced a 11% rise in its value within 24 hours. The live price is $0.25 with a trading volume of 180 million dollars for today’s session alone.

Top Trending Market Update

onLEXpa is an online learning platform that specializes in creating courses and projects. This business has migrated to the new BSC contract and aims to make education easier through blockchain technology. They have experienced a 2623% increase in their revenue.

Today, Dopex is worth 25% more than it was after its successful launch. The protocol is designed to maximize liquidity and minimize losses for option writers while maximizing gains by buying the rights from those who want them at a low price – which it does through an innovative trading algorithm.

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