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The cryptocurrency that grew by more than 25% in just one day is named
Yesterday, the situation on the cryptocurrency market was relatively stable. The total supply of digital assets remained virtually unchanged at $ 1.09 trillion. However, some little-known cryptocurrencies managed to grow significantly. Thus, Tellor (TRB) jumped in value by 28.5%.
The price of the digital asset reached $ 52.75. TRB’s market capitalization reached $ 133 million. Transaction volumes over the past day reached $ 234 million. The token gained 55% in value in a week, 63.9% in 14 days, and 283% in a month.
As for other lesser-known cryptocurrencies, Frontier (FRONT), on the contrary, has fallen by 28%. The digital asset is currently trading at $ 0.33. However, Frontier gained 21.7% in a week, 119.5% in 14 days, and 135.2% in a month.
As for the cryptocurrencies in the top 100, only one of them, Maker (MKR), has grown significantly in value. The digital asset managed to grow by 7% over the past 24 hours. At the time of writing, Maker is trading at $ 1.514. The market capitalization of MKR is $ 1.37 billion, and the daily trading volume is $ 120.13 million.
As a reminder, Matrixport analyst Біллі Маркус" href="https://noworries.news/biography/billi-markus/" data-bio-id="3704">Marcus Thielen believes that altcoins are facing an apocalypse. Recently, the expert published a report on cryptocurrencies titled «The Coming Collapse of Altcoins.» The crypto expert predicts a huge fall of Ethereum and other virtual coins.
The crypto expert emphasized that if ETH drops below $ 1500, the digital asset could eventually fall to $ 1000. «A decline below $ 1500 could bring back the idea that Ethereum could drop to $ 1000, a level that would seem justified based on the revenue forecast for the Ethereum ecosystem ,» Thielen emphasized.