Crypto Tokens Price Today: Solana, Dogecoin, Cardano Dips By A Drastic Percentage Following The Hack

Crypto Tokens Price Today: The market has been down for the third consecutive day. Solana chain hack continues as the Raydium Protocol confirmed it.

As of writing, Solana drops by 11.64%. Dogecoin slashes 10.07%. Cardano sinks 12.01%. Polkadot is down by 10.34%.

Shiba Inu cuts by 7.85%. BNB decreases by 10.18%. XRP is down by 6.22%.

The global crypto market cap is at 806.26 billion USD, a decrease of 5.31% compared to the previous day. The crypto market volume is seeing a boost of 50.05% and stands at 50.64 billion USD.

The coins affected the most are:

Solana (SOL) is down by 11.64%

The hack on Solana chain has taken down its market cap by 11.64% to 4.706 billion USD. Each token is currently costing 12.39 USD. Trading volume is up by 92.07% as the coins are being transferred. Source: coinmarketcap

Dogecoin (DOGE) is down by 10.07%

With a dip of 10.07%, Dogecoin market cap stands at 10.312 billion USD. Each DOGE token is selling for 0.007787 USD. Trading volume has hiked by 133.88%. Source: coinmarketcap

Cardano (ADA) is down by 12.01%

Cradano dips by 12.01% in the last 24 hours. The market cap for Cardano is 9.461 billion USD. Every token is selling for 0.2651 USD. Trading volume is up by 180.10%. ADA Source: coinmarketcap

Polkadot (DOT) is down by 10.34%

Each DOT token is at 4.69 USD. The market cap is down by 10.34% and stands at 5.770 billion USD. Trading volume is seeing a hike of 78.35%. DOT Source: coinmarketcap

Conclusion

The market has crashed as the price of tokens has gone down after a hack on Solana chain. The crypto tokens have been down after the FED’s announcement and a hack towards the end of the year will make it more bearish.

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Shourya Jha

Shourya is a fintech enthusiast who mainly reports on Cryptocurrency Prices, Union Budget, CBDC, and FTX collapse. Connect with her at [email protected]

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