Crypto Price Today: SEI And BONE Climb Up, HBAR Rally Cools Off

The crypto market continues to show red lines for most of the cryptocurrencies. However, there are a couple of Altcoins that are enjoying bullish gains. Bitcoin’s (BTC) price, was trading sideways early on Wednesday and was still below the $30,000 threshold at $29,150. Other well-known altcoins, Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC), and Solana (SOL), also experienced losses on the other side of the border.

Ethereum is trading at $1822, with a 1% decrease in the last 24 hours. Among other prominent cryptocurrencies, XRP coin price observed a dip of more than 3%. Solana faced a more significant decrease, with its price plummeting by 6.13%. On a positive note, Polygon (MATIC), which was trading on green lines a few days back, is down by more than 6% since the last day.  Polkadot coin price saw a decline of 3.26% in its price, in one day. 

The realm of meme cryptocurrencies also tells a similar story. In the past 24 hours, Dogecoin’s price witnessed a reduction of 4.86%, while Shiba Inu’s token price experienced a less steep decline of 2.45%.

The crypto market today is mostly bearish with few exceptions. The global crypto market cap stands at $1.16 trillion. The 24-hour crypto market volume stands at $30.71 billion, with an 18.98% increase.

The top 4 cryptos for today are:

• SEI token up by 2504.77%

SEI token can be called the top crypto today as it has witnessed gains like never before. The SEI token price is up by 2504.7% in the last 24 hours. At the time of reporting, the price stands at $0.2081. Its global market cap stands at $396,841,392. This comes after Sei Labs, the organization in charge of layer 1 blockchain Sei, declared that its mainnet is fully operational following a fruitful testnet phase. Yesterday saw the launch of exchanges for SEI, the native token of the blockchain, including Binance, Kraken, and Huobi.

• Bone ShibaSwap crypto is up by 5.37%

The BONE token is up by more than 5% in the last 24 hours and the price now stands at $1.59. Its global market cap is $362,874,509. This is also one of the top-performing meme coins today. As they wait for the debut of Shibarium, investors have been exhibiting interest in Shiba Inu and Bone Shibaswap.

Also Read: Ethereum Market Undervaluation Could Confirm Major Bullish Move

• HBAR token crypto is down by 14.72%

HBAR token price has lost more than 14% in the last 24 hours and now the token stands at $0.06245. Its market cap is $2,058,495,241. This comes after HBAR shows impressive gains last week. The positive trend gathered pace once it was disclosed that the US Federal Reserve will begin using Dropp, a micropayment network. The fact that Dropp is built on the Hedera blockchain is the most notable feature. The Relative Strength Index (RSI) for HBAR, on the other hand, was severely overbought which might have led to the bears appearing.

• ApeCoin is down by 10.48%

ApeCoin’s price now stands at $1.81, with more than a 10% decrease in the last 24 hours. Its market cap is $666,437,485. As APE was reliant on both internal and external trends in addition to being dependent on external variables, the negative momentum may alter. The popularity of Yuga Lab NFTs served as a lighthouse to draw interest and attention to APE.