Polygon leads top 10 following weekend crash: CryptoSlate wMarket update

Since last Friday’s wMarket report, the cryptocurrency market saw outflows of $49.5 billion and currently stands at $1.06 trillion — down 4.5% from $1.11 trillion.

Over the weekend, the market caps of Bitcoin (BTC) and Ethereum (ETH) fell 2.3% and 5.1% to $503.59 billion and $210.04 billion, respectively.

Over the last 24 hours, the top 10 cryptocurrencies posted a mixed performance. Polygon leads the pack, up 5.7%, while Dogecoin brings up the rear, losing 0.8% over the reporting period.

The market cap of Tether (USDT) increased to $83.38 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $28.36 billion and $4.78 billion, respectively.

Bitcoin

Over the last 24 hours, Bitcoin gained 0.7% to trade at $25,970 as of 07:00 ET. Its market dominance rose to 47.7% from 46.7%.

Since last Friday, BTC traded between $25,360 and $26,200, peaking around Sunday early evening.

Ethereum

Over the last 24 hours, Ethereum lost 0.2% to trade at $1,749 as of 07:00 ET. Its market dominance fell to 19.9% from 20.0%.

Since last Friday, ETH edged higher to top out at $1,778 by early evening Sunday. The ensuing drawdown found support at $1,720, leading to a muted recovery.

Top 5 Gainers

FLEX

FLEX is the day’s biggest gainer, growing 19.6% over the last 24 hours to $2.78177 as of press time. The token grew 101.7% over the past seven days. Its market cap stood at $274.46 million.

TomoChain

TOMO rose 16.6% over the last 24 hours to $1.47813 as of press time. The project recently announced a strategic investment from Coin98 Labs. Its market cap stood at $149.65 million.

Sui

SUI gained 8.8% to $0.66333 as of press time. Despite today’s gains, the token is still down 27.4% over the past seven days. Its market cap stood at $400.68 million.

Aptos

APT added 7.9% in the last 24 hours to trade at $6.36822 at the time of writing. The team has been working on “slashing consensus latency” and will share the developments next week. Its market cap stood at $1.2 billion.

Polygon

MATIC increased 5.7% to $0.64888 during the last 24 hours. Its market cap stood at $6.02 billion.

Top 5 Losers

Rocket Pool

RPL is the day’s biggest loser, falling 7% to $41.1139 at the time of press. The token is down 18.2% over the past 30 days. Its market cap stood at $800.67 million.

Bitgert

BRISE lost 6.3% to trade at $0.000000218111 as of press time. The token fell 43.7% over the past 30 days. Its market cap stood at $84.94 million.

THORChain

RUNE fell 6.1% to $0.87956 over the reporting period. Its market cap stood at $292.13 million.

Baby Doge Coin

BabyDoge had sunk 5.4% to $0.000000001365 as of press time. The token was recently listed on the Cryptology exchange. Its market cap stood at $208.23 million.

Pendle

PENDLE is down 5.4% in the last 24 hours and was trading for $0.49584 at the time of writing. Its market cap stood at $97.57 million.

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