CryptoSlate Daily wMarket Update: TRON leads top 10 as markets trade flat

Over the last 24 hours, the cryptocurrency market cap saw net inflows of $1.17 billion and currently stands at $812.5 billion — up 0.14%.

Meanwhile, Bitcoin and Ethereum’s market cap grew 0.4% and 0.3%  to $324.83 billion and $148.89 billion, respectively.

The top 10 cryptocurrencies posted a mixed performance over the last 24 hours. TRON recorded the most significant gains, up 2%. In contrast, Cardano brings up the rear, down 2%.

Over the reporting period, the market cap of Tether (USDT) recorded marginal gains to $66.26 billion. Meanwhile, USD Coin (USDC) and BinanceUSD (BUSD) saw slight decreases to $44.41 billion and $18.06 billion, respectively.

Bitcoin

Over the last 24 hours, Bitcoin grew 0.4% to trade at $16,884 as of 07:00 ET. Its market dominance rose slightly to 40.0% from 39.9%.

During the reporting period, the leading cryptocurrency topped out at $17,062 yesterday morning (ET). BTC has since been ranging between $16,768 and $16,930.

Ethereum

Ethereum recorded a gain of 0.3% over the last 24 hours to trade at $1,217 as of 07:00 ET. Its market dominance stayed flat at 18.3% over the reporting period.

The price performance of ETH mirrored that of BTC. A peak of $1,231 on Tuesday morning (ET) was followed by a bottom of $1,198. Since then, ETH has traded in a tight range between $1,203 and $1,230.

Top 5 gainers

Mass Vehicle Ledger

MVL increased 20.3% to $0.00396 as of press time. No new fundamental developments were noted. Its market cap stood at $88.16 million.

LUKSO

LYXe rose by 15.5% in the last 24 hours to $5.94935. Multiple updates were announced, including the nearing of its mainnet launch. Its market cap stood at $91.665 million.

Powerledger

POWR was up 12.7% over the reporting period to $0.14684 as of press time. Its market cap stood at $70.63 million.

Radicle

RAD gained 10.7% over the reporting period, trading at $1.68757 as of press time. Its market cap stood at $79.65 million.

Creditcoin

CTC recorded 10.3% gains to $0.57327 over the last 24 hours. Its market cap stood at $118.81 million.

Top 5 losers

Neutrino USD

USDN fell 8.8% to $0.49364 over the reporting period. The token has a $1 peg price but de-pegged in June and has failed to reestablish its peg price since. Its market cap stood at $335.8 million.

Lisk

LSK fell 8.8% over the reporting period to $0.79206 as of press time. Its market cap stood at $102.1 million.

dYdX

DYDX decreased by 8.2% to $1.28530 as of press time. Its market cap stood at $84.28 million.

Telcoin

TEL fell 5.7% to $0.00222 over the last 24 hours. Its market cap stood at $143.67 million.

Mina

MINA lost 4.9% of its value over the reporting period to $0.47232 as of press time. Its market cap stood at $368.51 million.

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