Mooners and Shakers: Crypto Market Picks Round As Concern Guidelines; AVAX nonetheless seems sturdy – Stockhead

Advertisements

What liked, what trembled (trembled, even) in the volatile cryptoversum when we go into the weekend? Let’s find out …

On a day when Reddit (one of the largest social platforms for crypto investors) announced it was going public, the crypto market collapsed … and again … and sideways.

Uncertainty and, last but not least, fear still determine the mood for the time being. A decent pump and a resistance level or two got back on the charts for support ($ 53,000 BTC seems like one to watch out for) and things could change very quickly.

At the time of writing, the total market cap of cryptocurrencies is down 4.2 percent to around $ 2.29 trillion which gives or takes a few hundred billion dollars.

Top 10 overview

Here’s how it stood in the top 10 by market cap at press time, according to CoinGecko data. (Of course, the usual caveat: this could be very different by the time you’re reading this.)

CoinGecko.com

As you can see from above, the top 10 biggest promotion right now is at the bottom of the list.

One step higher since yesterday at this time, avalanche (AVAX) continues its rise. And it seems that the influential Andre Cronje, a well-known DeFi architect within the phantom (FTM) ecosystem and the creator of longing. finances (YFI), is a fan of the smart contract protocol du jour …

I am honestly so happy that @avalancheavax is getting recognition. It’s one of the few tech games that I respect in a sea of ​​fork scams with manipulative marketing. @kevinsekniqi @ el33th4xor seriously, I only wish you the best!

– Andre Cronje (@AndreCronjeTech) December 17, 2021

As with the competing Layer 1 platform Speckle (DOT), there is no reason we should be losing ground right now. As with all top cryptos right now, HODLers may just have to be patient.

December 18th at 6:00 p.m. EST, tune in the #PolkadotParachainParty to celebrate the final stage of the Polkadot launch with the top five Parachain auction winners: @AcalaNetwork, @MoonbeamNetwork, @AstarNetwork, @ParallelFi and @ clover_finance.

To join the party: https://t.co/qxLTHEzUD5

– Polkadot (@Polkadot) December 16, 2021

Further to Bitcoin (BTC) … it’s like a sushi chef chopped for speed today. It was down $ 45,700 recently, and we’re now back in the $ 47,000 area.

Bullish or Bearish? It seems that opinions among traders and analysts are more divided than ever now …

$ BTC Bull Market # Bitcoin continues to hold the 200-day SMA as support. Traditionally, this indicates that an asset is in a bull market.

Do you think we are still in a #BTC bull market? pic.twitter.com/rihkpC29WZ

– Bitcoin Charts (@charts_bitcoin) December 17, 2021

Unfortunately, it looks like a fakeout is in the works.

I am currently seeing a raised floor setting as H4 has not closed under the support. I would use serious RM here as these liquidation cascades continue. #Bitcoin #cryptocurrency #cryptotrading #cryptonews pic.twitter.com/65AeCQW81m

– Roman (@Roman_Trading) December 17, 2021

Reduce or Enlarge? As Trader Roman concluded above, risk management prioritization may not be a bad name. That way, you can feel more comfortable while zooming out …

Michael Saylor: Microsoft has been quite successful without an investment from Berkshire Hathaway.

Just because successful investors aren’t taking #Bitcoin doesn’t mean it won’t grow.

– Bitcoin archive 🗄🚀🌔 (@BTC_Archive) December 17, 2021

Winners and losers: 11–100

In the rest of the top 100, let’s cover roughly $ 25 billion to $ 1 billion in market cap and find some of the biggest 24-hour winners and losers – as of press time.

DAILY PUMPS

Arweave (AR), (Market Cap: $ 1.6 billion) + 11%

Convex finance (CVX), (mc: $ 1.37 billion) + 7%

Curve (CRV), (mc: 1.68 billion USD) + 7%

helium (HNT), (mc: US $ 3.5b) + 6%

Forehead (CELO), (mc: 1.46 billion USD) + 5%

DAILY SLUMPERS

Vicinity (NEAR), (Market Cap: $ 5.06 billion) -11.5%

Kadena (KDA), (mc: 1.86 billion USD) -10%

Olympus (OHM), (mc: $ 2.05 billion) -10%

Elrond (EGLD), (mc: $ 5.44 billion) -8.5%

Tezos (XTZ), (mc: $ 3.73 billion) -7.5%

Small capitalization winners and losers

Below the crypto unicorns (sometimes far below) just a small selection that catches our eye …

DAILY PUMPS

longing. finances (YFI), (Market Cap: $ 997 million) + 21%

Happy (COS), (mc: $ 110 million) + 20%

Mithril (MITH), (mc: $ 45.5 million) + 19%

giga bullish $ YFI in the next few months after the news of the tokenomics revision

solid flip from 25k here and should be a quick run to 35k + https://t.co/g2qcLgGj6H pic.twitter.com/4YXsRgkgAg

– Cuban (@cubantobacco) December 17, 2021

DAILY SLUMPERS

Victoria VR (VR), (Market Cap: $ 262M) -16%

TronPad (TRONPAD), (mc: $ 55.7 million) -16%

Clover finances (CLV), (mc: USD 171 million) -14%

With Clover Finance just finishing fifth in the coveted Parachain auctions of the Polkadot ecosystem, this seems like a classic case of “sell the news” for traders messing around with CLV.

🍀 Clover just won the 5th #Polkadot Parachain auction!

1 / With over $ 9.7 million DOT from more than 11,000 contributions, we would like to thank everyone who has supported us on this journey. We are so HAPPY to have your support! https://t.co/2Bxepaxpik

– Clover Finance (@clover_finance) December 16, 2021


SUBSCRIBE TO

Get the latest Stockhead news delivered to your inbox for free.

It’s free. Sign out whenever you want.

This might interest you


Share post on

Sonic BTC is reader-supported. When you buy through links on our site, we may earn an affiliate commission.

Torrential slide Vs. Polkadot (2022 Edition) – Securities.io Polkadot

Torrential slide Vs. Polkadot (2022 Edition) – Securities.io

The evolution of the crypto market can be seen in today's top-performing networks. Understanding...

By wpadminsonic164
Polkadot value to dip earlier than DOT’s subsequent leg up – FXStreet Polkadot

Polkadot value to dip earlier than DOT’s subsequent leg up – FXStreet

Polkadot price has seen a reversal after retesting the weekly supply zone, extending from...

By wpadminsonic164
Alia Bhatt to Kareena Kapoor Khan: 5 divas who appeared like traditional bombshells in white and black sarees – PINKVILLA Polkadot

Alia Bhatt to Kareena Kapoor Khan: 5 divas who appeared like traditional bombshells in white and black sarees – PINKVILLA

Like it, obsess over it or hate it, the good old magic of monochrome...

By wpadminsonic164
Cryptocurrency Value Prediction: Polkadot, Bitcoin & Axie Infinity – Asian Wrap Dec 24 – FXStreet Polkadot

Cryptocurrency Value Prediction: Polkadot, Bitcoin & Axie Infinity – Asian Wrap Dec 24 – FXStreet

The Polkadot price could see an unprecedented spike in the next week and stretch...

By wpadminsonic164
AstridDAO Partners with Tech Giant Microsoft – GlobeNewswire Polkadot

AstridDAO Partners with Tech Giant Microsoft – GlobeNewswire

New York, May 25, 2022 (GLOBE NEWSWIRE) -- Exciting news from the Astar ecosystem....

By wpadminsonic164
Astar (ASTR) crypto firm joins Microsoft’s (MSFT) startup program – Kalkine Media Polkadot

Astar (ASTR) crypto firm joins Microsoft’s (MSFT) startup program – Kalkine Media

Astar (ASTR) crypto rose 36.90% to US$0.07707 at 2:22 pm ET on Tuesday after...

By wpadminsonic164
Second STATE Token Launch and Declare Occasion Announcement – Medium Polkadot

Second STATE Token Launch and Declare Occasion Announcement – Medium

ParaState is pleased to announce the release of our 2nd tranche of STATE tokens...

By wpadminsonic164
7 Bargain Cryptos to Buy After the Crash – InvestorPlace Polkadot

7 Bargain Cryptos to Buy After the Crash – InvestorPlace

While the pain in the cryptocurrency sector is tough to swallow, a bear market...

By wpadminsonic164

Latest Posts

Raoul Pal – This Is The Bitcoin Market State of affairs Proper Now Videos

Raoul Pal – This Is The Bitcoin Market State of affairs Proper Now

We have partnered up with Delta to bring your personal investments to the next...

By wpadminsonic164
Torrential slide Vs. Polkadot (2022 Edition) – Securities.io Polkadot

Torrential slide Vs. Polkadot (2022 Edition) – Securities.io

The evolution of the crypto market can be seen in today's top-performing networks. Understanding...

By wpadminsonic164
Short-term Availability of Funds to Transform the BTM Industry – GlobeNewswire Stellar

Short-term Availability of Funds to Transform the BTM Industry – GlobeNewswire

MIAMI, May 25, 2022 (GLOBE NEWSWIRE) -- BankLine announced a Master Licensing Agreement with...

By wpadminsonic164
Goldman Sachs Executes Financial institution’s First OTC Crypto Transaction Buying and selling a Bitcoin Non-Deliverable Choice Bitcoin

Goldman Sachs Executes Financial institution’s First OTC Crypto Transaction Buying and selling a Bitcoin Non-Deliverable Choice

On Monday, the multinational investment bank and financial services company Goldman Sachs disclosed it...

By wpadminsonic164
Apex powers Firstrade’s new crypto buying and selling providing – FinanceFeeds – FinanceFeeds Stellar

Apex powers Firstrade’s new crypto buying and selling providing – FinanceFeeds – FinanceFeeds

The digital asset offering is provided by Apex Crypto LLC, which takes care of...

By wpadminsonic164
Cardano

Crypto Value Evaluation Jan-28: Ethereum, Ripple, Cardano, Solana, and Luna – CryptoPotato

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Luna,...

By wpadminsonic164
Binance has Nigerian Idol road release on Nigerian college grounds – Nairametrics Binance

Binance has Nigerian Idol road release on Nigerian college grounds – Nairametrics

Binance, the world's leading blockchain ecosystem and cryptocurrency infrastructure provider, has activated the street...

By wpadminsonic164
Andreessen Horowitz Launches A16z Crypto Analysis Lab Bitcoin

Andreessen Horowitz Launches A16z Crypto Analysis Lab

A16z, also known as Andreessen Horowitz, the venture capital (VC) company that has invested...

By wpadminsonic164