Bitget Market Update (2022-06-27)
The global cryptocurrency market cap is standing at $951B, meaning a 0.83% decrease from the previous day according to Coinmarketcap data. The total 24-hr Trading Volume for all Cryptocurrencies stood at $50.7B - a 12% decline from the volume of the previous day
Bitcoin (BTC) has traded between the price of $20,965.11 and $21,783.72 within the last 24 hours, as of 07:00 AM (UTC) Bitcoin is trading at the price of $21,317.54 which shows a 0.59% decrease from the last 24hrs, according to Coinmarketcap data
Most major cryptocurrencies by market cap are increasing in value. Today’s Top 3 Gainers of the market include:
1st Place
USTC(TERRACLASSICUSD): Up by 31.57%
Terra Classic USD (USTC) is the decentralized and algorithmic stablecoin of the Terra blockchain, it is built on the Cosmos SDK and Tendermint consensus. With a current market cap of $154,422,144 and trading volume of $43,066,396, Trading at current marke t price of $0.014947,Terraclassic has seen a decline by 56.4% in the last 30 days. This recent increase is an indication of a good outing for terraclassic.Terra achieves price stability by algorithmically adjusting its supply according to fluctuations in demand for its USTC.
2nd Place
LUNC(TERRACLASSIC): Up by 26.49%
Luna Classic (LUNC) is the original Terra Luna coin left behind following the launch of a new Terra chain after the recent UST/Luna collapse. With a current market cap of $498,196,557.24 and trading volume of $233,517,884.25. LUNC is trading at a current market price of $0.000074311. Will LUNC get to perform the same feat as the previous Luna coin? Most of the traders are optimistic and hopeful about the future of this coin.
3rd Place
ORCA: Up by 26.43%
ORCA is a Solana token that governs the Orca decentralized exchange. Orca aims to enable low-fee, near-instant token swaps using an automated market maker (AMM) model. On the exchange, users supply tokens to “ liquidity pools” and algorithms set market prices based on supply and demand. ORCA can be used to vote on the future of the protocol. With a current market cap of $19,440,367 and a trading volume of $10,224,795, Trading at a current market price of $1.062 we have seen a 144.9% increase in the price of ORCA in the last 7days.
Most Interested Topics:
Blockchain 101: Different Blockchain Consensus Mechanisms
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