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Ethereum Rising, But Cardano Is Going Faster » Crypto Insiders

While bitcoin (BTC) at last breaks through the psychological barrier of $50,000, we see the rest of the cryptocurrency also put on a lot and several altcoins which rise even faster. Market participants had almost given up on the idea that prices would rise at the end of this year, but hope is now waning again. Total market cap is up more than 5% in the past 24 hours, reaching $2.52 trillion this morning.

Ethereum pulls along

Ethereum (ETH) Bitcoin is still following, although the price rose slightly less rapidly in the past 24 hours this time. Ether initially fell back below the infamous USD 4,000 yesterday, but was then able to find support around USD 3,950. The price gradually climbed back to $4,000 later in the day, and as ether broke through this, the gains accelerated.

Ether jerked as high as $4,100, then encountered a small amount of resistance, then shot further as high as $4,170. Ether then corrected slightly lower again, but the price held above USD 4,100 overnight. Still, it is important for ether to recapture $4,200 to speak of a real breakout.

XRP only in red

Binance coin (BNB) is picking up a little less, but is still 4% in the plus and comes out at $550. It is striking that ripple (XRP) the only race in the top 10 (and almost even in the top 100) is red today. This may be because XRP has been on the rise in recent days. For now, XRP corrects slightly and the price drops back below that infamous $1.

The rest of the top 10, on the other hand, has a stronger green color. Solana (SOL) is up 6.6% and is back at $190. Polkadot (DOT) is even up 7.7% but is still struggling with that $30. Cardano (ADA) is up 8.2%, but is still struggling with $1.50.

Terra (LUNA) rises like a rocket again. The LUNA price made a small correction on Wednesday, but is already 16% higher this morning compared to 24 hours ago. LUNA just topped $100 for the very first time and established a new one all-time high around $100.8.

Top 100 strongest risers

Then in the top 100 we have a series of prices that are all rising considerably. Almost all prices are in the plus, but radix (RDX), kusama (KSM), vechain (VET), osmosis (OSM), holo (HOT) and fantom (FTM) are all rising by more than 10%. We’ll see you again non-fungible token (NFT) and metaverse projects strongly. Chiliz (CHZ) is up 10%, enjin coin (ENJ) is up 12%, decentraland is up 15% and the sandbox (SAND) is the hardest riser in the market today at nearly 22%.

Yet we have even more big risers today, so stand decentralized finance (DeFi) projects such as sushi (SUSHI) and aave (AAVE) increased by more than 11%. Finally, dash (DASH) and crypto.com coin (CRO) are also up 14%, iotex (IOTX) 16%, internet computer almost 18%. ICP now has a bridge with Ethereum. Arweave (AR) is rising even faster and is almost 20% in the plus.

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