Crypto Prices Today: Market Mostly Bullish With Pepe Coin, XLM And SNX Showing Gains

The crypto market follows a slightly bullish pattern today. Bitcoin (BTC), continued to trade below the $27,000 level over the weekend as investor reluctance stemmed from the US Securities and Exchange Commission’s (SEC) decision-making process over spot Bitcoin exchange-traded funds (ETFs). The Fear And Greed Index continues at the fear zone and now stands at 35/100.

Bitcoin’s (BTC) price, is still below the $30,000 threshold at $26,002.43,  however up by around 0.50% only in the last day. Other well-known altcoins, Cardano (ADA), Solana (SOL), and Polkadot (DOT) experienced gains on the other side of the border.

Ethereum is trading at $1,638.99,  with a 0.19% increase in the last 24 hours. Among other prominent cryptocurrencies, the XRP coin price observed a gain of 2.13%. Solana also faced gains, with its price increasing by 1.45%. On the other hand, Polygon (MATIC), which traded on red lines a few days back, is again up by 0.71%  since the last day.  Polkadot coin price saw an increase of almost 0.23% in one day. 

The realm of meme cryptocurrencies tells a different story. In the past 24 hours, Dogecoin’s price decreased by around 0.17%, while Shiba Inu’s token price is down by almost 0.87%, in the last 24 hours.

The crypto market today is primarily bullish 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 $20.95 billion, with a more than 2.12% increase.

The top 4 cryptos for today are:

• Pepe coin is up by 3.65%

Pepe coin price is facing the bulls today after facing losses a few days ago. The price is up by almost 4% since yesterday. It is trading at $0.0000008148, at the time of writing. It holds a global market cap of $319.24 million. While the bullish upswing for the Pepe coin appears to be accurate, CoinGape Media previously stated that this recovery will still be influenced by a falling channel pattern.

• SNX crypto coin is up by 7.61%

Synthetix’s SNX coin 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 $2.11, the the time of writing. It holds a global market cap of $569,748,531. This is encouraging because the SNX price has been in a steady decline, giving up the majority of its gains and moving back toward the area of earlier demand. 

Also Read: Solana Founder Cautions Against Detrimental Rivalry With Ethereum

• XLM crypto token is up by 7.91%

Stellar’s XLM coin is up by almost 8% in the last 24 hours. Its price is trading at $0.1226, the the time of writing. It holds a global market cap of $3,367,759,147. The reason for the price increase over the weekend is unknown. The fact that the devs teased big news that would be released next week is most likely the cause. What that news will be and how it will affect the XLM currency are still unknown.

• GALA token is down by 9.12%

GALA token is down by more than 9% in the last 24 hours. Its price is trading at $0.01672, the the time of writing. It holds a global market cap of $391,352,532. A total of 8,645,014,077 GALA tokens were allegedly stolen from the company, according to documents filed with the United States District Court for the District of Utah by GALA co-founder Eric Schiermeyer against fellow founder Wright Thurston and his business True North United Investments, LLC.

Also Read:  JPMorgan: SEC Has No Option But to Approve Spot Bitcoin ETF

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.