“Ethereum’s recent breakthrough above a crucial level sparks excitement in the crypto space, while Axie Infinity’s meteoric rise establishes it as the standout performer, captivating investors with its innovative play-to-earn gaming model.”
Bitcoin (BTC/USD) and Ethereum (ETH/USD) experienced gains in the cryptocurrency market on Monday. Bitcoin traded above the $34,600 level, while Ethereum surpassed the $1,800 mark. Axie Infinity (AXS/USD) was the top gainer in the past 24 hours, while Injective (INJ/USD) was the biggest loser.
The global crypto market cap rose to $1.28 trillion, recording a 1.1% gain in the last 24 hours. Bitcoin was trading higher by 1.1% at $34,642, and Ethereum rose by around 1.3% to $1,815.
Here are the top five gainers in the past 24 hours:
1. Axie Infinity (AXS/USD)
– Price: $5.78
– 24-hour gain: 15.1%
2. Gala (GALA/USD)
– Price: $0.02071
– 24-hour gain: 14.1%
3. Solana (SOL/USD)
– Price: $34.95
– 24-hour gain: 8.1%
4. The Sandbox (SAND/USD)
– Price: $0.3574
– 24-hour gain: 7.8%
5. Decentraland (MANA/USD)
– Price: $0.3784
– 24-hour gain: 7.4%
On the other hand, here are the top five losers in the past 24 hours:
1. Injective (INJ/USD)
– Price: $13.84
– 24-hour drop: 2.2%
2. Stacks (STX/USD)
– Price: $0.636
– 24-hour drop: 1.6%
3. Maker (MKR/USD)
– Price: $1,418
– 24-hour drop: 1.5%
4. UNUS SED LEO (LEO/USD)
– Price: $3.94
– 24-hour drop: 0.9%
5. EOS (EOS/USD)
– Price: $0.6257
– 24-hour drop: 0.6%
It’s important to note that cryptocurrency prices are highly volatile and can change rapidly. Investors should conduct thorough research and consider their risk tolerance before making any investment decisions.
(Source: Benzinga)
