Wednesday, May 22, 2024

Bitcoin, Ethereum, Cardano Crash – Heavy Fall in Crypto Market

Cryptocurrency Market Today (8 May 2022): On Sunday, May 8, there has been a decline in the cryptocurrency market. Bitcoin, the world’s largest cryptocurrency, recorded a decline of 3.82 percent in the last 24 hours, after which the value of this coin came down to $34,499.40.

Barring stable coins and a few other crypto tokens, almost all the major cryptocurrencies in the market saw a fall in price. In the last 24 hours, the price of Ethereum reached $2,523.79, down 4.85 percent.

Cryptocurrency Market Today (8 May 2022)

BNB, XRP, Solana and Cardano declined around 4-5 per cent. The price of Terra declined by 17.38 percent in the last 24 hours, after which the cryptocurrency is trading at $59.94.

Dogecoin, Avalance, Polkadot and Shiba Inu also went down today. The price of DOGE is down by 2.25 per cent in the last 24 hours at $0.125. AVAX price is at $51.99 after a fall of 7.52 per cent.

Must Read: Top 4 Altcoins for Long Term Crypto Portfolios

DOT and SHIB are trading lower by 4 to 5 percent at $51.99 and $0.00001860 respectively. The price of Tron (TRX) has also gone down today. But since the cryptocurrency has been on an uptrend for the past one week, it is still up 20.79 percent from the past seven days, despite today’s slight drop (1.17 percent).

Top Gainers (The price of these coins increased the most)

Shaman King Inu (SHAMAN) | Gain in the last 24 hours = 4223.17 percent. Price =$0.000000000007

SafeFloki (SFK) | Gain in the last 24 hours = 510.19 percent. Price =$0.000000000152

Goldario (GLD) | Gain in the last 24 hours = 469.78 percent. Price = $0.2102

CenterPrime (CPX) | Gain in the last 24 hours = 385.40 percent. Price = $8.00

Top Losers (The price of these coins fell the most)

QUOTA (QTA) | Decline in last 24 hours = 99.77 percent. Price = $0.002931

Green Life Energy (GNL) | Decline in last 24 hours = 89.68 percent. Price = $0.002541

MetaPay | Decline in last 24 hours = 86.59 percent. Price = $0.00000525

Shibnobi (SHINJA) | Decline in last 24 hours = 86.04 percent. Price = $0.000000000001

Monesh Kumar
Monesh Kumar
Monesh Kumar is a cryptocurrency and blockchain enthusiast. He trades cryptocurrencies and holds some but he prefers holding Bitcoin, Ethereum & Cardano.

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