Analysts name the most popular tokens of the past day

Researchers from the analytical company CryptoRank have published a new infographic on the X platform that describes the state of affairs in the cryptocurrency market over the past day. The experts described the most important statistical events of the past 24 hours.

The experts named the best digital assets of the past day: CREAM, GFT, and HIFI, as they showed the greatest growth on August 24. In terms of search queries, SUI, ARB, APT, and LINK were the most trending over the past 24 hours.

The industry’s market capitalization dropped by 1% to $ 1.08 trillion, with bitcoin dominating at 47.1% and ethereum at 17.6%. Analysts also reminded that the greed and fear index remained at 44. This means that investor sentiment remained neutral and they did not panic.

CryptoRank analysts also spoke about the current funding rounds. They noted that Core Scientific’s investment round was the largest. The company raised $ 53 million. In addition, the Proof of Play team received a significant amount of $ 33 million. Another $ 5.15 million went to the developers of the Essential blockchain project.

As for the market’s flagship, BTC $61,844.71 Bitcoin -0.86% Market capitalization $1.22 trillion VOL. 24 hours $0.51 billion has fallen by 1.7% over the past 24 hours, while the main altcoin ETH $2,394.59 Bridged Ether (StarkGate) -0.94% Market capitalization $0.18 billion VOL. 24 hours $0.25 billion has lost 0.8%. According to the well-known cryptocurrency analyst Benjamin Cowen, after several weeks of trading in a narrow range, the price of BTC may fall to $ 23,000. The analyst’s forecast is based on historical patterns, according to which the price of the flagship cryptocurrency usually drops significantly before halving. According to Cowen, data from past cycles indicate that BTC and other cryptocurrencies do not perform too well at the stage preceding an important event.