Crypto Prices Today: Pepe Coin, IMX Gets Bullish Moves, Monero Still Faces The Bears

Coingapestaff
August 24, 2023
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Bitcoin Price Eyes $120K But Only If It Clears This Level

In line with the rekindled confidence in the global markets, Bitcoin and other crypto tokens were trading with respectable gains on Thursday. Gains in cryptocurrencies tracked a significant upward movement in traditional markets. In the previous day, the cryptocurrency market has improved. The cryptocurrency fear and greed index has come down some points from yesterday, scoring 35/100 and still being in the fear zone.

Bitcoin’s (BTC) price, was quite bearish today and was still below the $30,000 threshold at $26,422.6,  and up by around 1.63% since yesterday. Other well-known altcoins, Cardano (ADA), Polkadot (DOT), and Solana (SOL), also experienced gains on the other side of the border.

Ethereum is trading at $1,674.5, with almost 2.31% increase in the last 24 hours. Among other prominent cryptocurrencies, the XRP coin price observed a rise of 1.80%. Solana also faced gains, with its price increasing by 6.33%. On the other hand, Polygon (MATIC), which traded on red lines a few days back, is up by 1.30% since the last day.  Polkadot coin price saw an increase of almost 2.53% in one day. 

The realm of meme cryptocurrencies tells a different story. In the past 24 hours, Dogecoin’s price witnessed an increase of around 1.74%, while Shiba Inu’s token price is up by almost 1.69%, in the last 24 hours.

The crypto market today is primarily bullish with few exceptions. The global crypto market cap stands at $1.07 trillion. The 24-hour crypto market volume is $33.59 billion, with a more than 2.18% decrease.

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The top 4 cryptos for today are:

  • Pepe coin is up by 3.15%

Pepe coin price is up by more than 3% in the last 24 hours. It is trading at $0.000001098, at the time of writing. It holds a global market cap of $430.33 million. Due to the enthusiasm around Memecoin PEPE on X (Twitter) and other social media, it appears to be gaining ground once more.

Pepe Chart
Pepe Coin Chart
  • DYDX token is up by 10.87%

DYDX cryptocurrency is up by more than 10% in the last 24 hours. Its price is trading at $2.18, at the time of writing. It holds a global market cap of $341,693,777. The favorable perspectives and attitudes of traders and investors about DYDX crypto in the daily time frame are highlighted by the DYDX cryptocurrency price prediction. DYDX price action at the time of publication shows a bullish outlook.

DYDX Chart
DYDX Price Chart

Also Read: Bitcoin Whales Back in Action, Did Robinhood Buy $3B Worth of BTC?

  • IMX token is up by 7.79%

The price of Immutable (IMX) token is up by more than 7% in the last 24 hours. Its price is trading at $0.6074. It holds a global market cap of $682,419,342. The targets of $0.8388 and $1.0863 may be reached if the IMX price rises and breaks out of the pattern while remaining at the present market price level.

IMX Chart
IMX Price Chart
  • XMR token is down by 3.67%

The price of the Monero (XMR) token is down by more than 3% in the last 24 hours. Its price is trading at $139.85. It holds a global market cap of $2,561,889,442. However, XMR has faced a number of challenges, particularly in relation to legislative measures aimed against coins with a focus on privacy.

XMR Chart
XMR Price Chart

Also Read: Bitstamp to Stop ETH Staking In US Amid SEC Crackdown

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
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.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.