On October 15, 2024, the cryptocurrency market remains unstable with dramatic changes in the several digital assets traded. Below is a detailed review of the largest and greatest based on their market capitalization ranking.
Price: $65,450.83
24hr Change: +1.83%
24hr Volume: $47.43B
Market Cap: $1.29T
Category: Currency
Bitcoin continues to grow, showing a 1.83% positive sentiment in the last 24 hours. The large trading volume indicates growing interest from investors and market participants.
Price: $2,610.56
24-hour Change: +3.14%
24-hour Volume: $20.09B
Market Cap: $314.27B
Category: Smart Contract Platform
The largest smart contract platform, Ethereum is up 3.14%. That being said, most of the growth was probably driven by further growth from within the ecosystem of Ethereum and dApps.
Price: $584.49
24h change: +1.04%
24h Volume: $909.57M
Market Cap: $85.27B
Category: Smart Contract Platform
The coin behind the native token of Binance, BNB, is steady and still up with a gain of 1.04%. The push is fueled by demand for utility in the ecosystem and other DeFi applications.
Price: $155.55
24h Change: +1.85%
24h Volume: $3.42B
Market Cap: $73.07B
Category: Smart Contract Platform
The price of Solana is up 1.85%, given that it remains one of the most sought-after high-performance blockchain platforms. This has an appeal due to its fast transaction execution at a low cost.
Price: $0.5468017
24-Hour Change: +1.70%
24-Hour Volume: $1.32B
Market Cap: $30.97B
Category: Currency
The 1.70% increase in XRP is a reflection of its strength and continued use in cross-border payment and remittance services.
Price: $0.11639638
24-Hour Change: +3.09%
24-Hour Volume: $1.08B
Market Cap: $17.03B
Category: Currency
Dogecoin rises furiously with a 3.09% growth rate due to the support of its community and occasional celebrity interest.
Price: $0.15923931
24-Hour Change: -1.82%
24-Hour Volume: $517.37M
Market Cap: $13.78B
Category: Smart Contract Platform
Tron has dropped by 1.82%. This isn't a significant decline. The project focuses on decentralized content sharing and entertainment.
Price: $5.26
24-Hour Change: 0.45%
24-Hour Volume: $315.29M
Market Cap: $13.34B
Category: Smart Contract Platform
Toncoin, with a slight decline of -0.45%, is priced at $5.26. The TON blockchain, originally developed by Telegram, has gained traction due to its fast transaction capabilities.
Price: $0.35979771
24-Hour Change: +0.87%
24-Hour Volume: $358.97M
Market Cap: $12.85B
Category: Smart Contract Platform
This 0.87% increase by Cardano shows to the world its real sustainable growth for developing a strong and scalable blockchain-based platform.
Price: $28.74
24-Hour Change: -2.88%
24-Hour Volume: $462.75M
Market Cap: $11.68B
Category: Smart Contract Platform
Avalanche has fallen by 2.88%, probably just due to market rebalancing, but its innovative consensus mechanism and high throughput keep the coin in the limelight.
The growth in the cryptocurrency market shows mixed growth and volatility up to October 15, 2024. Investors should stay abreast of all the trending news and developments going on in the market to make proper informed decisions.