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Home Crypto News XDai Chain

GAL up +126.63%, BTC +13.19%, GALA is The Coin of The Day – Daily Market Update for May 13, 2022 | CoinCodex

by ethozedge
May 13, 2022
in XDai Chain
Reading Time: 31 mins read
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GAL up +126.63%, BTC +13.19%, GALA is The Coin of The Day - Daily Market Update for May 13, 2022

Key highlights:

  • The total cryptocurrency market cap increased from $ 1.19T to $ 1.36T in the past 24 hours, representing a 14.72% change
  • The Bitcoin price at press time is $ 30,520 after growing by 13.19% in the last 24 hours
  • The total crypto trading volume increased by 14.72% in the past 24 hours, and is currently at $ 539.73B
  • All prices and changes are presented at the time of publication: May 13, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.36T after a 14.72% increase on the day. The total crypto trading volume increased by 14.72% in the same time frame.

Bitcoin is trading at $ 30,520 after seeing a 13.19% gain in the last 24 hours.The Bitcoin dominance fell by -0.69% and BTC currently represents 42.74% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 581.06B after gaining 13.19% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 1.15% and reach $ 30,871 by May 18, 2022. To learn more about how the price of Bitcoin could change over the next 7 days, visit our Bitcoin price prediction page.

Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 2,107.58 and has a market capitalization of $ 254.50B. ETH increased by 16.53% in the last 24 hours. If you’re interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

There were also some changes today in the ranking among the top 10 biggest coins by market cap.

  • Bitcoin, which was previously ranked 2, is ranked at 1.
  • Ethereum, which was previously ranked 3, is ranked at 2.
  • Binance Coin, which was previously ranked 4, is ranked at 3.
  • XRP, which was previously ranked 5, is ranked at 4.
  • Cardano, which was previously ranked 7, is ranked at 5.
  • Dogecoin, which was previously ranked 8, is ranked at 7.
  • Avalanche, which was previously ranked 11, is ranked at 8.
  • Polkadot, which was previously ranked 12, is ranked at 9.
  • Wrapped Bitcoin, which was previously ranked 9, is ranked at 10.

Bulls Dominate the Market Today

The bulls dominated the market today as 81% of coins gained value in the last 24 hours.

Today’s Top Gainers are Project Galaxy, GALA, and Telcoin

Thanks to a 126.63% price increase, Project Galaxy was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. GALA came in second place, with 24-hour gains of 83.44%. Telcoin, Green Metaverse Token and Maker complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Terra, Osmosis, and Marinade staked SOL

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Terra, which saw a loss of -99.89%. Osmosis also didn’t perform well, as its price declined by -35.74% in the last 24 hours. Marinade staked SOL, Celsius Network and Frax Share round out today’s top 5 worst performers.

Coin of the Day is GALA

Thanks to its impressive 83.44% performance, GALA is today’s coin of the day! GALA is currently trading at $ 0.099235. Learn more about GALA and its position in the market on our GALA price prediction page.

Our technical indicators show that the current GALA sentiment is Bearish.

Buy/Sell GALA





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Tags: bitcoin newsBTCCoinCoinCodexcrypto analysiscrypto newsDailyDayEthoz EdgeGALGALALatest bitcoin newslatest crypto newsMarketUpdate
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