Joe Crypto: The Day The Market Stood Still
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Joe Crypto: The Day The Market Stood Still

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The movement on the cryptocurrency bazaar today has been abundantly glacial; best of the big contenders almost registered a beam in the aftermost 24 hours.

Bitcoin alone 0.43% and Ethereum afford 1.05 of its bazaar cap, while XRP registered a 0.17% loss. Yes, they’re all in the red column, but they almost got their toes wet and this day is activity to go bottomward as a stalemate for the big guns.

NEM Stirs, Goes Back To Sleep

For annihilation abutting significance, we accept to go way bottomward the account to NEM. A 4.2% access in the bazaar cap was acrid afterwards we absolutely asked if NEM was dead, or artlessly asleep. It has responded and there are signs of life, about weak. 

A bazaar cap of $958.55 actor and a bread amount of $0.11 won’t set the apple alight, but it’s befitting NEM active forth in 17th abode on CoinMarketCap.

Cortex Living Large on Bithumb Listing

You accept to go appropriate the way bottomward to Cortex in 96th place to acquisition the day’s better champ if we’re accomplishing this by the books. A 16.85% addition in the bazaar cap over the accomplished 24 hours is as acceptable as it gets on the cryptocurrency bazaar appropriate now. It is still benumbed the acme of its Bithumb advertisement wave. It got a bond with Populous on the South Korean crypto barter and Binance is accounted to be attractive at Cortex too.

HyperCash Fights Against Crypto Market

With a 10.23% addition in the aftermost 24 hours to 3pm EST, HyperCash was absolutely one of the market’s movers and shakers today. HyperCash’s HC badge has apparent some big assets in the accomplished month, including one 55% amount backpack in a distinct day afterward a amalgamation with KuCoin. In a brackish market, it is still pond adjoin the tide.

Zilliqa Software Updates Hit The Mark?

Further up the field, Zilliqa had a acceptable day on the bazaar afterwards absolution Q4 activity updates that accept allegedly abounding the association with a faculty of aplomb in the accomplished product. In today’s inclement seas, at this akin of the market, a 9.13% addition in the aftermost 24 hours is actively acceptable going. If the course turns about tomorrow, there’s a adventitious it could body on this drive in a big way. Or not…

Zilliqa is blame sharding as a band-aid to Ethereum’s scalability and acceleration problems. It’s acid bend blockchain technology, but if it works again this is absolutely a badge to watch.

First of the Losers

The added winners came abroad with debris today, but there were a few that acquainted the lash. Notable cases accommodate Verge, that took a 6.8% hit and now has a bazaar cap of $233.83 million. Metaverse ETP alone 5,23% and Reddcoin took a big 10.79% loss.

Simply put, Reddcoin launched its new wallet bygone and generated austere absorption and a mini bubble. Today was artlessly the alteration you can apprehend to see back the bazaar turns frosty. With a $117.5 actor bazaar cap, it’s still a solid alpha for ReddCoin, the angled network, and we apprehend to see added from the tech in the abreast future.

Rchain ate a accident to the tune of 11.98% over the aftermost 24 hours, which gives it the arguable appellation of today’s better loser. For best of the bazaar it was artlessly a case of cat-and-mouse out a day that was destined to end in a stalemate, try not to booty any accident forth the way and get accessible for a new day tomorrow.  

The columnist is not invested in any agenda currency.