Yesterday, July 21, 2024, the cryptocurrency market turned out to be quite stable. It showed no change in market capitalization and a slight increase in trading volume. The total value of all coins and tokens amounted to $2.55 trillion and remained at the same level compared to the previous day. The volume of transactions over the past 24 hours reached $59.82 billion, highlighting the high activity of traders.
Among the growth leaders over the past 24 hours, Covalent stands out, rebounding in price by 593.7%. FEAR NOT also impressed market participants, increasing its value by 370.3%. Lingose and Non-Playable Inu saw growth of 271.5% and 169.1% respectively. trilly also entered the top five with a score of 157.6%. These projects attract the attention of investors and demonstrate high volatility.
The fear and greed index is now at 62, which indicates the predominance of greed in the market. Among the most popular cryptocurrencies were TIA, APT, PYTH, PEPE, ARKM and JUP. TIA and APT saw marginal price declines of 3.15% and 2.02% respectively.
In the graph of market capitalization and dominance distribution, Bitcoin takes the lead with an increase of 0.2%. Ethereum showed a slight decrease of 0.3%, while BNB share increased by 0.1%. The data highlights that BTC continues to be the dominant cryptocurrency in the market.
Interesting developments have also taken place in the field of financing cryptocurrency projects. Recent funding rounds include CryptoManufaktur, Zkex, JOJO Exchange and Allium, the latest of which raised $16.5 million. These developments show that investors continue to actively support new initiatives in the cryptocurrency space, despite the overall market stability. In general, the market shows stability with minor price fluctuations.
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