HIGHLIGHTS:
- Recently, the total market value of all cryptocurrencies on the planet surpassed $1 trillion.
- In the past day, ATOM, ADA, and SOL have all posted gains.
- According to CoinMarketCap, ETH has gained 25% over the past week.
Crypto Market Cap Breaks $1TRILLION
According to CoinMarketCap, the price of cryptocurrencies like Cosmos (ATOM), Cardano (ADA), and Solana (SOL) have all increased over the past 24 hours as investors pour millions of dollars into the cryptocurrency market. As a result, the Crypto Market Cap Breaks $1TRILLION.
The total value of the cryptocurrency market has increased to $1.03 trillion as a result of the recent influx of capital.
At the time of writing, one ADA token is worth $0.411, a rise of 6.84% in the last 24 hours. Its market capitalization has increased by 17.78% over the past 7 days, putting it in eighth place in CoinMarketCap’s ranking of the largest cryptocurrency projects by market capitalization.
SOL is next on the list, with a market cap of $12,074,377,848 according to CoinMarketCap. Because of this, its price increased by 10.15 percent in the previous 24 hours, doubling its weekly gain. The value of SOL has increased by 20.75 percent this week.
At number 21, ATOM is the least valuable of the three alternative cryptocurrencies. Current market cap for ATOM is $3,948,945,243, with the stock trading at $13.73 and up 3.54% over the past 24 hours. The alternative cryptocurrency has also increased by 17.96% over the past week.
The recent price action of the altcoin with the largest market cap, Ethereum, is worth analyzing while the spotlight is on alternatives (ETH). Currently, ETH is up 8.17 percent over the past 24 hours. Its price has increased by 25.01% in the past week, adding to its already remarkable weekly performance.
Disclaimer: This opinion is not meant to be taken as financial guidance and is presented merely for educational purposes. Crypted Crypto cannot guarantee that it accurately represents the views of the publication. You should always do your own research before making any financial decisions, as every investment and every trade carries some degree of risk. If you cannot afford to lose the money you invest, then you should not invest it.
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