If you're new to cryptocurrency or looking to make informed investment decisions, it’s important to know which cryptocurrencies are currently gaining attention. Here are the top 10 cryptos that have been trending or dominating the market in past 24 hrs
1. $BTC
Market Cap : Over $2.1 trillion
Dominance : Bitcoin holds the largest share of the crypto market, often over 60%.
Why It Matters : Known as "digital gold," BTC is seen as a safe bet in the crypto world due to its limited supply and widespread adoption.
2. $ETH
Market Cap : Around $226 billion
Dominance : Ethereum usually ranks second, with around 15-20% market dominance.
Why It Matters : ETH powers smart contracts and decentralized apps (dApps), making it essential for developers and new blockchain projects.
3. Cetus Protocol
Recent Change : Down by -22.5% in the last 24 hours
Why It Matters : Though down recently, Cetus Protocol has shown strong potential in decentralized finance (DeFi) and remains popular among traders.
4. $SUI
Recent Change : Also trending but saw a drop of unknown percentage
Why It Matters : Sui is gaining traction for its fast and scalable blockchain, ideal for Web3 applications.
5. Hyperliquid
Recent Change : Among the top trending coins
Why It Matters : Hyperliquid focuses on decentralized finance and trading, offering unique tools for active traders.
6. BGB Token ($BGB)
Recent Gains : Up over 12% in the last 24 hours
Why It Matters : BGB has shown strong momentum, attracting investors looking for short-term gains.
7. $BSV (Bitcoin SV)
Recent Gains : Also up over 12% recently
Why It Matters : A fork of Bitcoin, BSV aims to scale blockchain for enterprise use.
8. DEXE
Recent Gains : Another altcoin leading the pack with over 12% growth
Why It Matters : DEXE powers a decentralized exchange platform and continues to grow in popularity.
9. Virtuals Protocol
Growth in 2024 : Led with over 26,000% growth
Why It Matters : Though not always in the top 10 by market cap, Virtuals Protocol has made waves in the AI agent space.
10. XRP (Ripple)
Market Cap : Among the top 10, though exact numbers vary
Why It Matters : XRP is widely used in cross-border payments and continues to be a major player in the crypto ecosystem.
How to Use This Information
When choosing where to invest:
Look at Market Dominance : Bitcoin and Ethereum dominate the market, meaning they tend to be more stable than smaller coins.
Check Recent Trends : Altcoins like $BGB and $DEXE can offer quick profits but come with higher risk 1.
Stay Updated : Tools like CoinGecko and CoinMarketCap provide real-time updates on price changes and trends .
Remember, crypto investing comes with risks, so always do your research before making any decisions!
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