in

MATIC, CAKE, ETH, BTC, and SUI Among The Top Trending Cryptos

Crypto data aggregator CoinGecko shared some of the top trending cryptocurrencies earlier today. The cryptocurrencies were ranked based on which coins were searched for the most over 3 hours.

The five cryptos that were searched for the most during this time period included Polygon (MATIC), PancakeSwap (CAKE), Ethereum (ETH), Bitcoin (BTC) and Sui (SUI). MATIC was the crypto that was the most popular, and experienced a 24-hour price drop of about 4.1%. As a consequence, MATIC was trading hands at $0.829698 at press time.

MATIC price (Source: CoinGecko)

The altcoin was able to set a daily high of $0.865369, but was trading much closer to its daily low of $0.822147. Despite its price drop, MATIC was able to strengthen against Bitcoin (BTC) and Ethereum (ETH) by about 0.4% and 0.1% respectively.

The second and third highest trending coins were CAKE and ETH. Both of these altcoins experienced price losses over the previous 24 hours of trading as well. At press time, CAKE was trading hands at $1.80 after a price drop of more than 5%. Meanwhile, ETH was worth about $1,759.15 after a price decrease of 4.1% over the last day.

The last two spots in the top 5 trending cryptos were occupied by BTC and SUI. The crypto market leader was trading at $26,298.56 at press time following a 4.5% price decrease. This pushed BTC’s weekly performance even further into the red at -10%.

The past 24 hours were just as unkind to SUI, as the altcoin saw a price decrease of more than 9% to trade at $1.04 at press time. As with BTC, this negative price movement dragged the altcoin’s weekly performance down even more to -18.6%.

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

The post MATIC, CAKE, ETH, BTC, and SUI Among The Top Trending Cryptos appeared first on Coin Edition.

See original on CoinEdition


Source: Cryptocurrency - investing.com

IMF keeps 2023 Philippines growth forecast, but cites inflation risk

G7 finance chiefs debate reducing supply chain reliance on China