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Cryptocurrency experts highlighted the most profitable cryptocurrencies of the day

1:17 pm, May 17, 2023

According to analytical trackers, the cryptocurrency market has shown minimal volatility over the past day. The global market capitalization stood at $ 1.13 trillion, up only 0.23%. The lion’s share of cryptocurrencies barely gained in value, but among the top 100 there were those that were able to bring profit to investors in the short term.

The leader of the day was Decentraland (MANA). The value of the asset was fixed at $ 0.523, which is 10.2% higher than yesterday. The total supply of coins circulating on the market amounted to $ 983.35 million. This allowed MANA to gain a foothold in the 46th position in the list of top cryptocurrencies. Trading volumes over the past day amounted to $ 121.26 million.

Render Token (RNDR) took the second place. Today, the virtual coin is trading at an average price of $ 1.97, with a market capitalization of $ 717.39 million. Overall, RNDR’s performance grew by 9.35%, which allowed it to take 61st place in the top ranking. Daily trading volumes amounted to $ 127.99 million.

Third place went to Ripple XRP $2.55 XRP -5.39% Market capitalization $145.98 billion VOL. 24 hours $1.62 billion . Over the past day, the cryptocurrency gained 7.29%, with the coin trading at $ 0.456. The market capitalization of XRP has surpassed $ 23.68 billion, with daily transaction volumes exceeding $ 1.27 billion.

The flagship cryptocurrency BTC $104,887.41 Bitcoin -2.01% Market capitalization $2.08 trillion VOL. 24 hours $3.68 billion fell by 1.5% today. At the time of writing, bitcoin is worth $ 26,956, with a market capitalization of $ 522.2 billion. Daily trading volumes exceeded $ 839.3 million.

The leading altcoin ETH $3,884.24 Bridged Ether (StarkGate) -3.73% Market capitalization $0.35 billion VOL. 24 hours $1.91 billion also dropped minimally by 0.82%. At the moment, ETH is trading at $ 1,816 with a market capitalization of $ 218.4 billion. Bidders made daily deals worth $ 483.3 million.

Analysts predict that the crypto market will be relatively quiet by the end of this week. Traders and investors are awaiting the speech of US Federal Reserve Chairman Jerome Powell, which will take place next Friday. Bidders do not want to force events before the official comments on the state of the US economy.

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BTC

$104,887.41

-2.01%

ETH

$3,884.24

-3.73%

BNB

$716.61

-0.88%

XRP

$2.55

-5.39%

SOL

$216.75

-3.92%

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