Altcoin headwind: LUNA and DOT bullish – FTM and MDX fly

We share with you updated data about the altcoin market. As of Friday, October 8, 2021 morning, you can find the most profitable altcoin and the most losing altcoin information on this page.

As of Friday, October 8, 2021, CoinGecko data shows the total number of coins in the cryptocurrency ecosystem. 9594 show how. Also, if the number of actively traded cryptocurrency exchanges is 502 explained as.

Bitcoin, which is the biggest name in the crypto money ecosystem, is also ahead in terms of total market value. In the table below, you can see the dominance rates of the cryptocurrency ecosystem in terms of total market capitalization.

Coin name Market dominance
Bitcoin (BTC)

43%

Ether (ETH)

18%

Tether (USDT)

1.5%

Cryptocurrency market dominance rates. Source: CoinGecko

Total value of the cryptocurrency market $ 2,384,197,184,313 dollars is calculated as. 24 hour trading volume $ 157,198,237,210 dollars registered as.

Gas rates on the Ethereum network as of Friday, October 8, 2021 in the morning 85 gwei declared as.

The highest winners of the top 20 altcoins

Coin name Price 24h 7g Market value
Terra (Moon) $ 46.40 10.23% 25.96% $ 18,722,015,628
Polkadot (DOT) $ 33.78 6.96% 16.74% $ 33,437,416,723 $
Avalanche (AVAX) $ 62.98 6.49% -1.98% $ 13,887,216,783 $
Algorand (SOMETHING) $ 1.92 4.66% 18.21% $ 1,798,570,231 $
Polygon (MATIC) $ 1.32 4.47% 15.42% $ 8,818,504,585

Among the top 20 cryptocurrencies by market value, the most appreciated in 24 hours (October 8). Source: CoinMarketCap

Highest Daily Gain Among Top 20 Cryptocurrencies by Market Value Terra (Moon) caught. Terra, according to data from CoinMarketCap, in the last 24 hours 10.23 percent going up for the rate $ 46.40 level reached.

Polkadot (DOT) 6.96 percent getting a daily raise $ 33.78 he saw. Another name that has seen an increase in the last 24 hours. Avalanche (AVAX), 6.49 percent at the end of the acceleration from $ 62.98 found a buyer.

4.66 percent growing Algorand (ALGO) $ 1.92 get to the price Polygon (MATIC), in 24 hours 4.47 percent after the increase of from $ 1.32 changed hands.

TOP 5 – Altcoins with the highest gains in 24 hours

Token name Price 24h 7g Market value
Phantom (FTM) $ 2.26 29.42% 83.07% $ 5,750,284,290
MDX (MDX) $ 1.37 21.74% 16.66% $ 969,612,150
Bitcoin SV (BSV) $ 178.68 19.42% 37.42% $ 3,370,548,906
Harmony (ONE) $ 0.1991 $ 17.50% 32.61% $ 2,123,813,006 $
Chiliz (CHZ) $ 0.3481 $ 16.37% 33.16% $ 2,057,664,413 $

The most valuable altcoins in 24 hours. Source: CoinMarketCap (Friday, October 8, 2021)

As of Friday, October 8, 2021, the most valued altcoin in the last 24 hours 29.42 percent with Phantom (FTM) and the total market capitalization of the altcoin $ 5,750,284,290 reached.

The second most valued altcoin in 24 hours 21.74 percent with MDX (MDX) registered as. 19.42 percent going up to the beat Bitcoin SV (BSV) followed by the other two names.

According to the shared data, 17.50 percent increasing rate of Harmony (ONE) and right after 16.37 percent growing Chiliz (CHZ) The coins were other names on the list.

TOP 5 – Altcoins that lost the most in 24 hours

Token name Price 24h 7g Market value
SHIBA INU (SHIB) $ 0.00002 -29.42% 205.96% $ 8,744,346,355
UNUS SED LEO (LEO) $ 2.77 -6.27% -2.87% $ 2,646,406,123 $
dYdX (DYDX) $ 22.01 $ -6.22% -5.31% $ 1,225,336,889
Bitcoin gold (BTG) $ 66.67 -5.19% 7.46% $ 1,167,709,759 $
PancakeSwap (PASTEL) $ 19.55 -5.12% 3.22% $ 4,487,776,122

The altcoins with the biggest losses in 24 hours. Source: CoinMarketCap (Friday, October 8, 2021)

According to the shared data, when we look at the altcoins whose price fell in 24 hours, the total market capitalization $ 8,744,346,355 calculated and 29.42 percent decreasing in SHIBA INU (SHIB) We see the named coin.

6.27 percent falling in rate UNUS SED LEO (LEO) second, 6.22 percent depreciating dYdX (DYDX) is in third place.

In addition, the data 5.19 percent falling Bitcoin gold (BTG) currency and 5.12 percent decreasing in PancakeSwap (PASTEL) it ranked fourth and fifth on the list, respectively.

The opinions and comments expressed in this document are solely to the author belongs. It may not reflect the views of Cointelegraph. Every investment and trade movement involves risk. You should do your own research when making a decision.

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