- CMC ranked the top 5 trending coins at present.
- Bitcoin, Ethereum, Shiba Inu, STEPN, and PancakeSwap are trending.
- All these crypto have had significant losses in the past 30 days.
According to the data from CoinMarketCap, Bitcoin, Ethereum, Shiba Inu, STEPN, and PancakeSwap are the top 5 trending coins. As the entire market is in a prolonged bear market, the situation is such that all major coins are trading in the red.
There was a slight greenish look yesterday as most of the coins had gained slight single-digit gains. The situation is similar today, but even though the market is in green, there are no notable gains.
The data from CoinMarketCap reveals the top 5 trending coins at present. As expected, Bitcoin is at the top. Bitcoin is currently trading at $20,161 with a 1.45% increase in the last 24 hours. But there was only a 0.59% gain in the last 7 days and a whopping 35.73% loss in the last 30 days.
Ethereum follows Bitcoin with a 40% loss in the last 30 days. ETH is currently trading at $1,138 with just a 0.99% gain in the last 7 days and a 0.04% gain in the last 24 hours.
Meme coin Shiba Inu didn’t suffer as much as the big players. SHIB just lost 7.73% in the last 30 days. It is currently trading at $0.00001041, with a 6.4% gain in the last 7 days and 0.56% in the last 24 hours.
STEPN and PancakeSwap joined the trending league with 12.22% and 34.76% losses in the last 30 days, respectively. STEPN gained 5.84% in the last seven days, while CAKE gained 2.24%.
The bear market looks like it is here to stay. All these coins are 70–90% down from their all-time high. The top cryptos have a long way to go before they can touch their all-time high again.