Bitcoin continues to hold above $20,000. Meanwhile, Ethereum surged and briefly surpassed $1,200. On the other hand, the value of 6 metaverse coins, 6 meme coins and 3 web3 coins has jumped in the last 24 hours. Here are the details…
6 metaverse coins gain value
Among the Metaverse coin projects, Meta Doge (METADOGE) was the coin that rose the most with 20.9 percent. Rainicorn (RAINI) followed with 14.2 percent. Aurory (AURY) came in third with 14 percent. Highstreet (HIGH) was up 14.3 percent and Wilder World (WILD) was up 12.7 percent. Most recently, Decentral Games (DG) rose 11.6 percent.
9 web3 and meme coins increased
Among the meme coins, SpookyShiba (SPOKYSHIBA) made the highest rise with 54.4%. Next came LiteDoge (LDOGE) with 39.5 percent. MetaDoge (METADOGE) took the third place with 20.9 percent, while Kitty Coin Solana (KITTY) came in fourth with 17.4 percent. Finally, Kuma Inu (KUMA) gained 14.3 percent and DogeFi (DOGEFI) gained 13.3 percent.
If we look at the coins of projects focused on Web3, Storj (STORJ) rose 20.9 percent. Lumerin (LMR) followed, with an increase of 15.28 percent. Most recently, Phala Network (PHA) gained 11.1 percent.
What is the latest situation in the market?
Meanwhile, despite the recent surge, Bitcoin has managed to stay above the enviable $20,000 line. Most altcoins are also a little green today. As Cryptokoin.com also reported, ETH is rising towards $1,200, the highest level of about 10 days. The past week ended on a highly volatile note, with Bitcoin skyrocketing to just under $21,000 in a matter of minutes, gaining over $2,000. However, the cryptocurrency retreated just as quickly. Therefore, this ascent turned out to be fake.
After such increased price volatility, the asset calmed down at around $19,000 by the weekend. Not much has happened in terms of price action on Monday either, given the fact that the 4th of July is a national US holiday. The landscape changed on Tuesday as BTC rallied to $20,000 and beyond before experiencing another rollercoaster where it dropped to $19,250 and rallied as high as $20,600. After another pullback to levels below $20,000, Bitcoin broke above this line. It’s stuck there now. Therefore, its market cap is close to $400 billion. The dominance over altcoins stands at 42.4 percent.
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