{"id":7911,"date":"2022-10-18T08:47:02","date_gmt":"2022-10-18T08:47:02","guid":{"rendered":"http:\/\/cryptoheretostay.com\/?p=7911"},"modified":"2022-10-18T08:47:08","modified_gmt":"2022-10-18T08:47:08","slug":"polygons-8-gains-leads-large-caps-but-market-remains-stagnant","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=7911","title":{"rendered":"Polygon&#8217;s 8% gains leads large caps, but market remains stagnant"},"content":{"rendered":"<p> <script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n   <\/p>\n<p>The cryptocurrency market cap saw net inflows of $12.39 billion since the last wMarket report. As of press time, the total crypto market cap stood at $936.3 billion, up 1.3% over the last 24 hours.<\/p>\n<p>Bitcoin\u2019s market cap grew 1.7% over the reporting period to $375.58 billion from $369.27 billion. Meanwhile, Ethereum\u2019s market cap increased by 2% to $163.35 billion from $160.08 billion.<\/p>\n<p>The top 10 cryptocurrencies all posted marginal gains over the last 24 hours. The exception was Polygon, which saw significant gains of 8% to lead the large caps.<\/p>\n<p>Source: CryptoSlate.com<\/p>\n<p>The market caps of Tether (USDT) and BinanceUSD (BUSD) remained flat over the last 24 hours at $68.4 billion and $21.6 billion, respectively. Meanwhile, USD Coin\u2019s (USDC) market cap sees a decrease of $0.35 billion to $44.65 billion.<\/p>\n<h2>Bitcoin<\/h2>\n<p>Over the last 24 hours, Bitcoin fell 1.5% to trade at $19,558 as of press time. Its market dominance grew slightly to 40.1% from 40% over the reporting period.<\/p>\n<p>Price action over the reporting period was stagnant. A peak of $19,700 was achieved on Oct. 17 before edging lower to bottom out at $19,400 soon after.<\/p>\n<p>Since then, BTC has been caught in a tight trading band between $19,400 and $19,600.<\/p>\n<p>Source: TradingView.com<\/p>\n<h2>Ethereum<\/h2>\n<p>Ethereum\u2019s price grew by 1.8% to trade at $1,333 as of press time. Its market dominance increased slightly to 17.4% from 17.3%.<\/p>\n<p>Over the reporting period, the second-largest cryptocurrency by market cap ranged between $1,309 and $1,341.<\/p>\n<p>Source: TradingView.com<\/p>\n<h2>Top 5 Gainers<\/h2>\n<h3>Phala.Network<\/h3>\n<p>PHA is today\u2019s top gainer, growing 34% over the reporting period to trade at $0.26882 as of press time. The privacy protocol has been on a tear lately, rising 234% over the last seven days. Its market cap stood at $110.02 million.<\/p>\n<h3>Mdex<\/h3>\n<p>MDX grew 30% over the reporting period to trade at $0.19716 as of press time. The automatic market-making decentralized exchange is up 224% over the last 30 days. Its market cap stood at $182.15 million.<\/p>\n<h3>Ankr<\/h3>\n<p>ANKR gained 24% over the last 24 hours to trade at $0.03399 as of press time. Its market cap stood at $328.47 million.<\/p>\n<h3>Synapse<\/h3>\n<p>SYN rose 19% over the past day to trade at $1.16986 at the time of publishing. Its market cap stood at $163.51 million.<\/p>\n<h3>Frax Share<\/h3>\n<p>FXS gained 16% over the reporting period, trading at $6.85111 as of press time. The governance token of the Frax ecosystem has posted 30% gains this past month. Its market cap stood at $111.05 million.<\/p>\n<h2>Top 5 Losers<\/h2>\n<h3>Quant<\/h3>\n<p>QNT is today\u2019s biggest loser, shedding 9% over the reporting period to trade at $199.755 as of press time. The interoperability protocol is still up 99.5% this past month. Its market cap stood at $2.41 billion.<\/p>\n<h3>Decentralized Social<\/h3>\n<p>DESO shed 7% in the last 24 hours to trade at $14.7199 as of press time. Despite impressive 122% gains over the last 30 days, the token continues to sell off. Its market cap stood at $130.78 million.<\/p>\n<h3>Casper<\/h3>\n<p>CSPR lost 4.6% over the past 24 hours to trade at $0.04630 at the time of publishing. Its market cap amounted to $482.94 million.<\/p>\n<h3>RichQUACK.com<\/h3>\n<p>QUACK recorded a 4.2% loss over the last 24 hours to trade at $0.000000002109 as of press time. The fundraising platform is up 230% in the last 30 days. Its market cap stood at $105.63 million.<\/p>\n<h3>Fruits<\/h3>\n<p>FRTS posted 4% losses over the past 24 hours to trade at $0.01038 as of press time. The charity focus chain is down 25% over the past month. Its market cap stood at $218.75 million.<\/p>\n<h2>Get an Edge on the Crypto Market \ud83d\udc47<\/h2>\n<p>Become a member of CryptoSlate Edge and access our exclusive Discord community, more exclusive content and analysis.<\/p>\n<p>  <strong>On-chain analysis<\/strong><\/p>\n<p>  <strong>Price snapshots<\/strong><\/p>\n<p>  <strong>More context<\/strong><\/p>\n<p> Join now for $19\/month Explore all benefits<br \/>\n<br \/><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/cryptoslate.com\/cryptoslate-daily-wmarket-update-oct-17-polygons-8-gains-leads-large-caps-but-market-remains-stagnant\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency market cap saw net inflows of $12.39 billion since the last wMarket report. As of press time, the total crypto market cap stood at $936.3 billion, up 1.3% over the last 24 hours. Bitcoin\u2019s market cap grew 1.7% over the reporting period to $375.58 billion from $369.27 billion. Meanwhile, Ethereum\u2019s market cap increased [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7912,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[3],"tags":[],"class_list":["post-7911","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum-news"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/7911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7911"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/7911\/revisions"}],"predecessor-version":[{"id":7913,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/7911\/revisions\/7913"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/7912"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}