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Cryptocurrency analysts highlighted a digital token that grew by 36% per day
Analysts in the digital asset industry note that cryptocurrencies from the top 20 list rarely grow in value by more than 10% per day. In their opinion, this is due to the significant amount of liquidity in the market and the large capitalization of coins. However, such cases do occur — yesterday, experts noted similar behavior of the Avalanche cryptocurrency (AVAX).
The virtual coin’s quotes jumped by 32.8%, and its price rose to $ 18.74. The market capitalization reached $ 6.65 billion, and the daily volume of transactions with AVAX increased to $ 1.11 billion, which is 69.75% higher than yesterday.
However, among the top 100 cryptocurrencies, there was a digital coin that outperformed AVAX in terms of daily rate growth. We are talking about 0x Protocol (ZRX), which rose in price by 36.2% during the reporting period and entered the top 100 ranking, taking the 99th place. The coin is trading at an average price of $ 0.526, and the total supply of tokens circulating on the market amounted to $ 445.75 million. As for the amount of daily transactions, it exceeded $ 753.13 million.
Finally, Celestia (TIA) was among the top crypto assets of the day. Over the past 24 hours, its price jumped by 30.2%. A digital token could be purchased for an average of $ 4.32. The market capitalization reached $ 608.33 million. As for trading volumes, they reached $ 655.93 million.
In general, according to the analytical tracker CoinMArketCap, the global market capitalization lost 0.33% per day and reached $ 1.41 trillion. Daily transactions with cryptocurrencies reached $ 48.38 billion. Bitcoin’s BTC $94,418.26 Bitcoin -2.91% Market capitalization $1.87 trillion VOL. 24 hours $1.93 billion market share remains at 51.2%, while ethereum’s ETH $3,256.22 Bridged Ether (StarkGate) -3.10% Market capitalization $0.29 billion VOL. 24 hours $1.21 billion is 17.4%. The Fear and Greed Index lost 2 points and is still at an optimistic 76 points.