Highlights
The digital asset market traded sideways this week however users point to crypto gainers and losers for new narratives. In the last 24 hours, the total market cap dropped 0.11% to $1.94 trillion with several assets making a slight improvement from the previous day. Meme coins led the pack on both sides of the divide while top coins moved slightly.
Amid the negative market sentiment, top crypto gainers recorded over 50X gains in the last 24 hours. Leading the pack is Mystiko Token (XZK) trading at $0.0486. The asset moved up 86.71% today with bullish intraday volumes gaining traction among traders. This huge jump takes total weekly figures above 128% while 30-day gains stood at 86%.
Popular GameStop saw inflows top 82% in the last 24 hours. The Solana meme coins maintains its buzz garnered in the last month. At press time, the GME price stands at $0.00483 with its market capitalization soaring to $33.7 million. Ben the Dog ranks in third witb a 50.3% gain in the same time frame. The meme token posts $4.12 million in 24 hour volumes with bulls projecting more inflows despite the general market decline.
Other assets topping crypto gainers list include Billy, Jeo Boden, Simons Cat, TOMI which tapped over 20% today. While meme coins topped asset gains, Chainlink (LINK), Tron (TRX) and Cardano (ADA) led the crypto gainers in the top 20 by market capitalization. Tron surged 2.39% in the last 24 hours while LINK and ADA moved up 4.98% and 3.29% respectively.
The wider market has seen outflows in recent weeks as Bitcoin price fell below $55,000 dragging down market sentiments. DigiByte leads crypto losers falling 23.5% while OpenPlatform is down 18.5%. Other assets deep in the red zone are BELDEX, Catdog and TENET with over 10% losses in the same time frame.
Among the top 20 assets, Toncoin slipped 2.3% while Litecoin and LEO fell 2.19% and 1.38% respectively. Updates around the Telegram ecosystem had an impact on the token although slight gains were lost. TON price surged as Telegram CEO broke his silence after the Paris detention. The market recovery after several days on in the woods reduced outflows from crypto losers.
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