Cryptocurrency experts have named a cryptocurrency whose daily trading volumes have increased by more than 1770%

! Not financial advice — ed.

As of July 12, the global capitalization of the cryptocurrency market has increased by almost 1% to $ 1.19 trillion. Over the past 24 hours, traders have made a total of $ 26 billion in transactions. Among the top cryptocurrencies, there were two assets that managed to bring profits to their investors in the short term.

The leader of the day was the NEM (XEM) cryptocurrency, which returned to the top 100 with a market capitalization of $ 311.74 million. During the day, the asset’s quotes soared by 24% and reached $ 0.034. This allowed XEM to rank 98th on the list of the best digital tokens. Traders completed $ 137.63 million worth of trades, a 1775.4% jump. Such a rapid growth of XEM was driven by South Korean market participants, who accounted for 78% of the total daily transactions.

Conflux (CFX) showed good dynamics. The asset’s price rose by 9.95%, and CFX is available for purchase for an average of $ 0.2. The market capitalization of the virtual asset reached $ 616.86 million, which allowed CFX to take the 67th position in the top 100 ranking. Daily transaction volumes exceeded $ 53.5 million.

However, not all virtual currencies from the top ranking pleased their own investors. For example, the Mina (MINA) exchange rate has undergone a significant correction after the rapid growth that occurred a day ago due to the listing of the asset on the Upbit crypto exchange. Today, the coin is showing a 9.2% regression and is trading at $ 0.45. The market capitalization of MINA is $ 424.1 million, and it is ranked 88th in the ranking.

As for the flagship crypto asset BTC $56,416.10 Bitcoin -1.81% Market capitalization $1.11 trillion VOL. 24 hours $4.33 billion , at the time of writing, bitcoin is worth $ 30,685, which is 0.9% higher than yesterday. The total supply of coins circulating on the market amounted to $ 645.3 billion, and traders made daily trading deals worth $ 11.6 billion. Bitcoin regained its 50% market dominance.

The leading altcoin ETH $2,991.62 Ethereum -3.90% Market capitalization $359.58 billion VOL. 24 hours $2.63 billion is up 1.07% today and is trading at $ 1,887. The asset has a market capitalization of $ 226.8 billion and daily trading volume of $ 4.8 billion. Ethereum’s market share has reached 19%.