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Blaze Trends

06/22/2022

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Crypto like Ethereum and Cardano fall, but shiba inu rises sharply

The cryptocurrency market has recovered slightly in recent days, but started falling sharply again last night. Bitcoin (BTC) is falling sharply, but many altcoins are falling even faster. However, this time there are several exceptions. However, the total market...

Crypto like Ethereum and Cardano fall, but shiba inu rises sharply

The cryptocurrency market has recovered slightly in recent days, but started falling sharply again last night. Bitcoin (BTC) is falling sharply, but many altcoins are falling even faster. However, this time there are several exceptions. However, the total market cap of all crypto is down nearly 4% to $937 million.

Daily Market overview.
Market cap: $934B -4.07%⬇️
SPOT Volume 24h: 31.96 -2.48%⬇️$BTC dominance: 40.88% -0.56%⬇️
Fear & Greed Index: 11😱extreme fear sentiment. Most projects in loss🔴#Bitcoin $BTC $ETH #Ethereum

My socials🌐👉https://t.co/h7kQrKQGFo pic.twitter.com/HNgNECAILB

— IT Tech (@IT_Tech_PL) June 22, 2022

Ethereum drops 6%

Ethereum (ETH) largely follows bitcoin again, but fell harder last night and last night. ETH dipped below USD 900 last weekend, then started to recover, and peaked at USD 1,190 last night. ETH then started to fall sharply again and this morning comes in at $1,090, which means that the price is no less than 6% in the negative today.

$ETH biggest weekly trading volume since May 2021 pic.twitter.com/Z4JTm4JwbT

— Coinalyze (@coinalyzetool) June 21, 2022

TRX & DOGE to the same price as 24 hours ago

Dogecoin (DOGE) initially shot up hard yesterday afternoon, so that the price is not as deep in the red as the rest today. Despite this, Elon Musk’s statement of support on Twitter could not stop the DOGE price from falling last night.

I will keep supporting Dogecoin

— Elon Musk (@elonmusk) June 19, 2022

DOGE ran into too much resistance above USD 0.69 yesterday and is falling as low as USD 0.062 this morning, down 10%. Due to yesterday’s rise, DOGE returns to the same price as 24 hours ago. Tron (TRX) also made another big jump yesterday afternoon, which means that the price is currently also at $0.64 at the same price as 24 hours ago.

XRP and BNB slightly down

Ripple (XRP) held up a little firmer than most crypto prices last night, but is still down 2.1% to $0.322. However, Binance coin (BNB) is already down 3% and comes in at $214.

ADA, DOT, SOL and AVAX drop significantly

Cardano (ADA) is already down 6% in the last 24 hours and currently stands at USD 0.47. Polkadot (DOT) is 8% in the red, falling to $7.5. Solana (SOL), which rose sharply last weekend, is down a whopping 8.5% to $35 today. Avalanche (AVAX) is even 9% in the red and comes in at $16.3.

However, not all prices of the largest crypto are red today. Shiba inu (SHIB) also rose sharply yesterday and even briefly peaked to $0.0000118 last night. SHIB is currently at $0.0000097 and is still 11% in the plus today. Leo (LEO) made another big jump last night, before dropping to $5.7 this morning. This means that LEO is still 6% in the plus today.

Crypto top 100 hardest fallers

In the top 100 largest crypto, also stacks (STX), zcash (ZEC), internet computer (ICP), celo (CELO), stepn (GMT), basic attention token (BAT) and theta (THETA) are about 8% in the minus today. For helium (HNT), polygon (MATIC), tezos (XTZ), gala (GALA) and chainlink (LINK) this is 9%. Zillqa (ZIL), thorchain (RUNE) and arweave (AR) are already 10% down Today.

Crypto top 100 hardest risers

On the green side, today we have chain (XCN) up 7%, synthetix (SNX) 8% and titanswap (TITAN) 13%. Waves (WAVES) is the big winner today and is no less than 15% in the green. Yesterday we published a more extensive analysis of WAVES, read it here!

Crypto Insiders Premium for crypto analytics

Do you want to receive more in-depth crypto analyses? Then we would like to refer you to our Discord community for members† Ask analysts questions, chat with our avid community, and receive technical and fundamental analysis of crypto on a daily basis. Through the Discord premium environment of Crypto Insiders we can share knowledge with each other 24/7 and we try to stay ahead of the market together with our members.

⚡️Trending Searches by @CoinGecko
June 22, 2022$SCLP $CHR $CELL $UNIA $SNX $SOL #SOL $LUNA $GMT $GMT $SHIB #SHIB pic.twitter.com/8BnvH6ZkSz

— 🇺🇦 CryptoDep #StandWithUkraine 🇺🇦 (@Crypto_Dep) June 22, 2022

Disclaimer: Investing involves risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts’ own insights and experiences and are for educational purposes only.

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