Major Cryptocurrencies Rise Post-Big Game

in bitcoin •  3 years ago 

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The top 10 cryptocurrencies have all been in the green zone for the past 24 hours after several crypto companies displayed ads during professional football championship games.

The SPX500 and DJ30 fell in yesterday's trading, down 0.29% and 0.44%, respectively, while the NASDAQ100 rose slightly by 0.25% as geopolitical tensions continued to baffled investors.

The UK100 fell 1.75% yesterday as broader market concerns over the geopolitical situation in Ukraine sent stocks tumbling across Europe. Oil prices were close to $94 on Monday night.

Solana rose 8%, Ethereum rose more than 7%, while XRP and Cardano rose more than 3%. Bitcoin was trading at $43,500 at the time this article was written, up nearly 4%.

In 10th place, Avalanche's live price today is $88.33 with a 24-hour trading volume of over a billion. Its AVAX token is up 11% in the last 24 hours.

Polygon, the 15th largest coin by market capitalization, trades for $1.79 with a 24-hour trading volume of $1.12 billion. Polygon is up 10% in the last 24 hours.

The biggest winners in the top 100 were Kadena, Gala, The Graph, and Mina Protocol. Kadena calls itself an ecosystem that makes blockchain work for everyone. It delivers Bitcoin security features, virtually free gas costs, unparalleled throughput, and smarter contracts. The price has gone up by almost a fifth today.

Gala rose 18% after Gala Games announced galaverse's release date. The Graph, an indexing protocol for querying data for networks such as Ethereum and IPFS, rose 19% in the past 24 hours. The Graph supports many applications in DeFi and the wider Web3 ecosystem.

Mina Protocol is a minimalist "compact blockchain" created to limit computing requirements in order to run DApps more efficiently. It costs 17% today.

Other winners include Secret, Helium, and Qtum with +14%, +12%, and +11% respectively. MANA, Decentraland's built-in token which is one of the most popular metaverses rose 9% in the last 24 hours. Fantom, another metaverse token, rose 8%.

Hedera's live price today is $0.25 with a 24-hour trading volume of $180.4 million. HBAR is up 11% in the past 24 hours.

Online Lex Partners (onLEXpa) specializes in the development of online courses and projects. It aims to make education around the world more accessible through blockchain technology. After migrating to the new BSC contract, the price rose 2.623%.

Dopex is a decentralized options protocol that targets liquidity maximization while minimizing losses for option contract writers and maximizing profits for buyers. Dopex is up 25% today.

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