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bitcoin
Bitcoin (BTC) $ 64,967.41
ethereum
Ethereum (ETH) $ 3,168.43
tether
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bnb
BNB (BNB) $ 568.60
usd-coin
USDC (USDC) $ 1.00
xrp
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binance-usd
BUSD (BUSD) $ 1.00
dogecoin
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cardano
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solana
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matic-network
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polkadot
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tron
TRON (TRX) $ 0.135752

SHIB Rivals BONK, WIF in Green Despite Plummenting Markets

Must Read

Amid the dramatic crash of cryptocurrency markets brought on by the beginning of Mt. Gox compensation payouts, the most important meme cash look robust. Out of the three greatest performing cryptos within the high 100, two belongings belong to the meme cryptocurrencies class.

Dogwifhat (WIF), Bonk (BONK) amid greatest performers as crypto collapses

Within the final 24 hours, amid painful collapse on cryptocurrency markets, Bonk (BONK), one of many largest multi-chain meme cash, managed to realize greater than 7.5%. BONK capitalization is one step from reaching the foremost $1.5 billion stage, CoinGecko knowledge says.

BONK, WIF demonstrate notable gains as crypto plunges

Its competitor, Dogwifhat (WIF), the preferred meme coin on Solana (SOL), can also be within the inexperienced. Up by 3.2%, its capitalization stays above $1.8 billion.

Subsequently, Dogwifhat (WIF) has grow to be one of the best performing crypto asset within the high 50. MultiversX (previously Elrond, EGLD) is the undisputed chief within the high 100, with 10% positive factors.

The aggregated capitalization of cryptocurrency market dropped by 3.8%. Meme cash section misplaced 11.4% of its worth in 24 hours.

$578,000,000 erased: Worst day for bulls since mid-April

The most important crypto belongings are additionally within the crimson: Bitcoin (BTC) misplaced 2.8%, whereas the Ethereum (ETH) worth is down by virtually 5% in a single day.

As coated by U.Right this moment beforehand, the worldwide cryptocurrency market piled on the information about compensations to the victims of Mt. Gox change’s collapse in 2014. The launched BTC and BCH allocations will create promoting stress on crypto.

Within the final 24 hours, Bitcoin (BTC) merchants misplaced $578 million due to liquidations, CoinGlass knowledge says. Out of this sum, $446 million had been lengthy positions.

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