Pepe Coin, STX Faces Correction, MKR Takes The Bull Road

Bitcoin’s (BTC) price, is quite bearish today and is still below the $30,000 threshold at $26,078.28,  and down by around 4.28% in the last day. Other well-known altcoins, Cardano (ADA), Solana (SOL), and Polkadot (DOT) experienced losses on the other side of the border.

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Ethereum is trading at $1,652.33,  with almost 3% decrease in the last 24 hours. Among other prominent cryptocurrencies, the XRP coin price observed a loss of 3.28%. Solana also faced losses, with its price decreasing by 3.86%. On the other hand, Polygon (MATIC), which traded on red lines a few days back, is again down by 4.54%  since the last day.  Polkadot coin price saw a decrease of almost 4.67% in one day. 

The realm of meme cryptocurrencies tells the same story. In the past 24 hours, Dogecoin’s price witnessed a decrease of around 2.41%, while Shiba Inu’s token price is down by almost 4.37%, in the last 24 hours.

The Crypto Market today is primarily bearish with very few exceptions. The global Crypto Market cap has decreased vividly since yesterday and now stands at $1.05 trillion. The 24-hour Crypto Market volume is $37.86 billion, with a more than 28.97% increase.

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The top 4 cryptos for today are:

  • Pepe coin is down by 4.58%

Pepe coin price is facing the bears today after facing gains a few days ago. The price is down by almost 5% since yesterday. It is trading at $0.0000008161, at the time of writing. It holds a global market cap of $319.66 million. The meme coin may now be in danger of suffering even greater losses in the upcoming weeks or months, according to technical Analysis.

Pepe Chart
Pepe Price Chart

  • MKR crypto token is up by 12.70%

Maker’s MKR token is facing the bulls today. MKR token price is up by more than 12% in the last 24 hours.  Its price is trading at $1,169.66, the the time of writing. It holds a global market cap of $$1,142,768,359. Holders of MKR are profiting from platform revenues thanks to Maker’s token buyback program, which was launched last month.

MKR Chart
MKR Price Chart

Also Read: Bitwise Withdraws BTC & Eth Strategy ETF Application

  • DYDX crypto token is up by 7.06%

DYDX is also facing the bulls today. DYDX token price is up by more than 7% in the last 24 hours.  Its price is trading at $2.24, the the time of writing. It holds a global market cap of $349,778,468. Technical signs suggest that DYDX may be about to break out.

DYDX Chart
DYDX Price Chart

  • STX token is down by 6.37%

Stacks’ STX token is down by more than 6% in the last 24 hours. Its price is trading at $0.496, the the time of writing. It holds a global market cap of $696,419,679. However, soon after Grayscale defeated the SEC on the Bitcoin ETF, stacks increased considerably.

STX Chart
STX Price Chart

Also Read: The US SEC Delayed All 7 Spot Bitcoin  ETF Applications, What’s Next?

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