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SAFEMOON up +27.11%, BTC -0.22%, SafeMoon is The Coin of The Day - Daily Market Update for Jan 01, 2022

Altcoins

coincodex.com 01 January 2022 10:40, UTC
  
Reading time: ~2 m

Key highlights:

  • The total cryptocurrency market cap increased from $ 2.27T to $ 2.28T in the past 24 hours, representing a 0.37% change
  • The Bitcoin price at press time is $ 47,180 after falling by -0.22% in the last 24 hours
  • The total crypto trading volume increased by 0.37% in the past 24 hours, and is currently at $ 272.15B
  • All prices and changes are presented at the time of publication: January 1, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 2.28T after a 0.37% increase on the day. The total crypto trading volume increased by 0.37% in the same time frame.

Bitcoin is trading at $ 47,180 after seeing a -0.22% loss in the last 24 hours.The Bitcoin dominance fell by -0.32% and BTC currently represents 39.15% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 892.48B after losing -0.22% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 13.67% and reach $ 53,627 by January 6, 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 $ 3,747.49 and has a market capitalization of $ 445.86B. ETH decreased by -0.25% in the last 24 hours. If you're interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

Bulls Dominate the Market Today

The bulls dominated the market today as 65% of coins gained value in the last 24 hours.

Today's Top Gainers are SafeMoon, Frax Share, and Convex Finance

Thanks to a 27.11% price increase, SafeMoon was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Frax Share came in second place, with 24-hour gains of 25.69%. Convex Finance, Aragon and yearn.finance complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Olympus v2, Gnosis, and Mobox

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Olympus v2, which saw a loss of -7.63%. Gnosis also didn't perform well, as its price declined by -5.03% in the last 24 hours. Mobox, xSUSHI and Celsius Network round out today's top 5 worst performers.

Convex Finance reached new All-Time High after gaining +96.51% in the last month

The following coins in the cryptocurrency top 200 hit new all-time high prices today:

  • Convex Finance's new ATH is $ 55.21
  • Aragon's new ATH is $ 14.18

Congratulations to the HODLers!

Coin of the Day is SafeMoon

Thanks to its impressive 27.11% performance, SafeMoon is today's coin of the day! SafeMoon is currently trading at $ 0.000002. Learn more about SafeMoon and its position in the market on our SafeMoon price prediction page.

Our technical indicators show that the current SafeMoon sentiment is Neutral.


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