- The total trading volume in the crypto market has risen more than 6% in the last 24 hours.
- DOGE, INJ, STG, SOL, and LTC saw double-digit percentage increases in their daily trading volume.
- Meanwhile, LTC, AVAX, ARB, and RPL saw their prices rise over the last 24 hours.
The global crypto market cap has fallen 0.66% over the last 24 hours according to CoinMarketCap. As a result, the total crypto market cap is estimated to be around $1.26 trillion at press time. This comes after there has been a 6.33% increase in the total crypto market trading volume recently – taking the total volume to approximately $43.63 billion.
In the past day, Arbitrum (ARB), Rocket Pool (NASDAQ:POOL) (RPL), Avalanche (AVAX), Solana (SOL), Injective (INJ), Stargate Finance (STG), Dogecoin (DOGE), Audius (AUDIO), Solar (SXP) and Litecoin (LTC) have seen a notable amount of trading activity.
Arbitrum (ARB)
At press time, ARB’s price stands at $1.7847 after a 24-hour gain of 8.71%. The altcoin has also strengthened against the market leaders Bitcoin (BTC) and Ethereum (ETH) by 10.39% and 9.36% respectively.
Daily chart for ARB/USDT (Source: TradingView)
ARB’s trading volume in the last 24 hours is estimated to be around $1,098,450,122, which is a 2.59% increase in ARB’s daily trading volume. Furthermore, ARB’s price is currently trading at its 24-hour high, with its daily low sitting at $1.60.
Read Also: Arbitrum (ARB) Price Prediction 2023-2030
Rocket Pool (RPL)
RPL was not able to print a 24-hour gain and is currently down 11.56%. As a result, RPL’s price stands at $55.67 at press time. In addition to weakening against the U.S. Dollar, RPL also weakened against BTC and ETH by 10.33% and 11.29% respectively.
Daily chart for RPL/USDT (Source: TradingView)
RPL’s trading volume has fallen 19.05% over the last 24 hours. Nevertheless, the altcoin’s daily trading volume still stands at $42,714,573 at press time. The crypto is also trading near its 24-hour low of $52.21, with its daily high standing at $61.06.
Read Also: Rocket Pool (RPL) Price Prediction 2023-2030
Avalanche (AVAX)
Similar to ARB, AVAX’s price was also able to rise over the last 24 hours. Currently, the altcoin is trading at $21.41 after a 24-hour gain of 1.24%. AVAX’s daily trading volume is slightly up by 1.25% in the last 24 hours as well, taking the total 24-hour trading volume to $410,791,383.
Daily chart for AVAX/USDT (Source: TradingView)
AVAX also strengthened against BTC and ETH by 2.62% and 1.54% respectively. As a result, 1 AVAX is worth approximately 0.0007158 BTC and 0.01011 ETH. AVAX is also trading just below its 24-hour high of $21.20 at press time.
Read Also: Avalanche (AVAX) Price Prediction 2023-2030
Solana (SOL)
SOL’s daily trading volume has dropped significantly over the last 24 hours. Currently, the daily trading volume for SOL is estimated to be $591,618,958, which is a 14.78% decrease over the last 24 hours.
Daily chart for SOL/USDT (Source: TradingView)
The majority of SOL’s trading volume in the last 24 hours took place on centralized exchanges, with approximately $591,266,647 worth of SOL being traded on centralized exchanges. Furthermore, SOL is trading between its 24-hour low of $24.10 and its daily high of $25.52 at press time.
Read Also: Solana (SOL) Price Prediction 2023-2030
Injective (INJ)
INJ’s trading volume over the last 24 hours has increased by an astonishing 23.98%. This takes the total daily trading volume for the altcoin to $254,893,668 at press time. It seems that there was more sell volume than buy volume for INJ over the past day, given that INJ’s price is down 0.91% to trade at $9.253 at press time.
Daily chart for INJ/USDT (Source: TradingView)
INJ was able to strengthen against the leading crypto, Bitcoin (BTC), by 0.18%. Unfortunately, it weakened against the leading altcoin Ethereum (ETH) by 0.76% over the same time period. INJ’s price is currently trading near its 24-hour low of $8.86.
Read Also: Injective (INJ) Price Prediction 2023-2030
Stargate Finance (STG)
STG’s trading volume has also surged in the last 24 hours. According to CoinMarketCap, the daily trading volume for STG is around $50,001,805 at press time, which is an impressive 42.47% increase in STG’s 24-hour trading volume.
Daily chart for STG/USDT (Source: TradingView)
STG is currently trading at $0.8905 at press time after experiencing a price drop of 3.79% over the last 24 hours. The altcoin also weakened against BTC and ETH by 2.61% and 3.53%. The altcoin’s price also set a 24-hour low of $0.8868 and a daily high of $0.9662.
Dogecoin (DOGE)
The largest altcoin in terms of market cap experienced a surge in its 24-hour trading volume over the last 24 hours. At press time, the daily trading volume for DOGE is estimated to be around $1,428,950,975, which is a whopping 142.81% increase in the altcoin’s trading volume.
Daily chart for DOGE/USDT (Source: TradingView)
This trading volume has had a positive impact on DOGE’s price as the meme coin’s price is up 3.97% over the last 24 hours. DOGE’s price has also strengthened against BTC and ETH by 4.76% and 3.7% respectively. As a result, DOGE’s price stands at $0.09285 at press time.
Read Also: Dogecoin (DOGE) Price Prediction 2023-2030
Audius (AUDIO)
AUDIO’s trading volume dropped a reasonable amount over the last 24 hours. At press time, the daily trading volume for AUDIO is estimated to be around $157,761,358, which is a 31.12% drop in the altcoin’s total daily trading volume.
Daily chart for AUDIO/USDT (Source: TradingView)
As a result of the recent trading volume, AUDIO’s price currently stands at $0.3704, which is a 1.80% drop over the last 24 hours. Furthermore, AUDIO weakened against BTC and ETH by 1.06% and 2.09% respectively over the last 24 hours.
Solar (SXP)
SXP’s daily trading volume dropped 36.31% over the last 24 hours. As a result, SXP’s total daily trading volume stands at around $53,874,601 at press time. This trading volume has negatively impacted the atlcoin’s price, as SXP’s price is currently down 1.38% and trading at $0.6415 at press time.
Daily chart for SXP/USDT (Source: TradingView)
Furthermore, SXP is down 0.64% against BTC and 1.75% against ETH. As a result, 1 SXP is currently worth 0.00002148 BTC and 0.0003032 ETH. The altcoin is, however, trading close to its 24-hour high of $0.6419, which suggests that SXP’s recent drop in price may be nothing more than a retracement from traders taking profit.
Litecoin (LTC)
The price of LTC was able to rise 3.40% over the last 24 hours despite the altcoin’s 24-hour trading volume dropping during the same time period. Currently, LTC is trading at $101.86 after a 3.41% increase over the last 24 hours.
Daily chart for LTC/USDT (Source: TradingView)
Meanwhile, the altcoin’s daily trading volume stands at $732,362,742 at press time, which is a 17.78% drop over the last 24 hours. LTC’s price is also trading very close to its 24-hour high of $102.63, with its daily low sitting at around $98.11 at press time.
Read Also: Litecoin (LTC) Price Prediction 2023-2030
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