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Cryptocurrency experts name the most profitable cryptocurrency of the day
The last few days have not been the most successful for the cryptocurrency industry. Bitcoin failed to rise above the $ 30,100 mark, and the largest altcoins traded with mixed success, with the exception of XRP (XRP) and Stellar (XLM). However, cryptocurrency analysts have identified four virtual coins that still managed to bring profits to their investors in the short term.
XDC Network (XDC) unexpectedly became the leader of the day. The virtual coin’s quotes suddenly jumped by 21.5%. The asset can be purchased for $ 0.042. The total supply of coins on the market increased to $ 586.39 million, which allowed XDC to rise to the 69th position in the ranking of the best digital currencies. Daily transaction volumes amounted to $ 12.22 million.
Stellar (XLM) also performed well. During the day, the cryptocurrency grew by another 18.6%, and the entire increase in July has already reached 93.9%. The market capitalization of XLM was fixed at $ 4.4 billion, which allowed the digital asset to rise to the 20th place in the top ranking. Daily transaction volumes amounted to $ 579.81 million.
Industry researchers noted the success of Chainlink (LINK), which was ranked 21st in the top 100. The total supply of coins on the market amounted to $ 4.36 billion, and the quotes jumped by 18.87% during the reporting period. The digital asset can be purchased at an average price of $ 8.11. The daily trading volume exceeded $ 1.49 billion.
Finally, Maker (MKR) gained 16.95% over the day. The MKR rate settled at $ 1143.8, and the market capitalization amounted to $ 1.11 billion, which allowed the virtual coin to take the 40th place in the list of the best digital currencies. Bidders secured deals worth $ 164.67 million.
The flagship crypto asset BTC $96,849.21 Bitcoin -1.55% Market capitalization $1.92 trillion VOL. 24 hours $2.75 billion is currently trading at $ 29,802 with a market capitalization of $ 625.8 billion. Traders made daily trading deals worth $ 14.1 billion.
The leading altcoin ETH $3,302.05 Bridged Ether (StarkGate) -2.29% Market capitalization $0.28 billion VOL. 24 hours $2.24 billion slipped by 1.12% to $ 1,899 with a market capitalization of $ 227.1 billion. Daily trading transactions exceeded $ 6.6 billion.
The cryptocurrency market’s greed and fear index was neutral at 55. As for the global market capitalization, it has remained almost unchanged since yesterday and amounts to $ 1.2 trillion.