The crypto market as a whole is bearish with most of the top 100 coins in the red at the time of writing.
Top Cryptos
Most major cryptos saw small losses of up to 2% in the past 24 hours, including Ethereum, BNB, XRP, and Solana. Bitcoin is down more than 1.5% in the last 24 hours and was trading just under $30,000 at the time of writing.
Polkadot, down almost 5%, and Avalanche, down more than 3%.
Top Movers
Outside of the top 20, the trend was similar, with most coins losing 3-5% of their value. Notable losers include Maker and The Graph, each down 8%, and Celo with -7%. Kadena lost 11% of its value today.
TerraUSD is down another 18%, now trading at a tenth of its previous value.
Among the winners, the Kyber Network Crystal v2 token is leading the way. KNC gained 22% yesterday and added another 26% to its value today, retesting last week’s highs.
Chiliz comes in second with 12% at the time of writing. CHZ, the native coin of the world’s first tokenized sports exchange, began rallying after the ecosystem’s Scoville Testnet Phase 2 went live.
Convex Finance, Klaytn and KuCoin Token complete the list of winners with increases of 4%, 6% and 5% respectively.
Tendency
The biggest winner today is Pledge Coin (PLG), a cryptocurrency token that runs on the Ethereum platform.
Pledgecamp is a next-generation crowdfunding platform that uses smart escrow contracts to protect investors and hold project creators accountable. He gained 440% today.