ArchAngel Token (ARCHA), a community-driven cryptocurrency project, gained more than 15,000 per cent in the last 24 hours, becoming the biggest gainer in that interval as on December 8.
Bitcoin (BTC) has fallen 0.79 per cent in the last 24 hours, while Ethereum is down 0.56 per cent over the same period.
ArchAngel Token (ARCHA), a community-driven cryptocurrency project, gained more than 15,000 per cent in the last 24 hours, becoming the biggest gainer in that interval as on December 8.
Meanwhile, Bitcoin crossed the $50,000 mark. The price of Bitcoin was $50,585.63 at 8:30 am, falling 0.79 per cent, while its dominance in the crypto market is currently 40.50 per cent with a decrease of 0.18 per cent over the day, according to coinmarketcap.com, a global crypto exchange.
Ethereum saw a fall of 0.56 per cent in the last 24 hours and was trading at $4,312.39, while Binance Coin (BNB) witnessed a fall of 2.58 per cent and was trading at $573.07. Coins such as Solana (SOL) was trading at $189.86, falling 2.84 per cent, and Cardano (ADA) fell 5.38 per cent to $1.37.
Meme Coins
All major meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), Dogelon Mars (ELON) and Samoyedcoin (SAMO) fell in the last 24 hours.
Dogecoin witnessed a fall of 0.81 per cent and was trading at $0.1781 at 8:30 am. Rival Shiba Inu lost 3.10 per cent and was trading at $0.00003653, Dogelon Mars fell by 2.60 per cent and was trading at $0.000001248, while Samoyedcoin was trading at $0.04356 and recorded a fall of 10.35 per cent.
Overall Scenario
The global crypto market cap was $2.35 trillion, registering a decrease of 0.42 per cent in the last 24 hours, while the total crypto market volume was $108.65 billion, down 21.10 per cent.
ArchAngel Token (ARCHA) became the biggest gainer, recording a rise of 15034.02 per cent; it was trading at $0.000000675 at 8:30 am. On the other hand, ScareCrow (SCARE) witnessed maximum loss, falling 89.31 per cent; it was trading at $0.7041.
Latest Update
BollyCoin, an NFT (non-fungible token) platform, through which actor Salman Khan is likely to launch his NFTs, has announced its tie-up with Bitbns on Tuesday.
Meanwhile, the Bank of Thailand has nullified the involvement of commercial banks directly in the trading of crypto assets, according to cointelegraph.com, a crypto information platform.