US dollar up (DXY: +0.51%), stonks down (S&P 500: -1.47%), the overall crypto market a bit limp. Yep, it’s one of those days… at least at the time of writing.

Not that there isn’t plenty of positive news around for crypto, mind – particularly coming from the UK this week. And big whales have clearly been buying plenty of BTC lately, so there’s that.

 

Top 10 overview

With the overall crypto market cap at about US$2.24 trillion, down roughly 0.1% from this time yesterday, here’s the current state of play among top 10 tokens – according to CoinGecko.

For several of the past 24 hours, Bitcoin (BTC) was holding the US$46.5k level nicely, briefly rising up above US$47k at one stage, but it’s currently dropped down closer to where it was hanging out this time yesterday, in the high US$45ks.

From a technical standpoint, there’s apparently nothing to be too alarmed about with that just yet, according to various Twitter-based TA experts. It’s retesting a fair bit of previous support down here, reckons the analyst Crypto Rover.

And, as fellow chartist “John Wick” points out, a bit of patience is probably the order of the day…

The best current performer in the top 10 is clearly Terra‘s LUNA token (+5.2%). This likely has something to do with the confidence in the Terra network its founder Do Kwon has been inspiring again this week with his stablecoin-reserve, Bitcoin-buying confirmations.

 

Uppers and downers: 11–100

Sweeping a market-cap range of about US$24.6 billion to about US$1.27 billion in the rest of the top 100, let’s find some of the biggest 24-hour gainers and losers at press time.

DAILY PUMPERS

• Dogecoin (DOGE), (market cap: US$22.2 billion) +17%

• Astroport (ASTRO), (mc: US$2.15 billion) +15%

• Mina Protocol (MINA), (mc: US$1.47 billion) +14%

• Celo (CELO), (mc: US$2.04 billion) +10%

• THORChain (RUNE), (mc: US$3.45 billion) +10%

 

A certain tech billionaire’s favourite cryptocurrency, Dogecoin, is humping it’s way up today, and you can put it down to Elon Musk himself.

As revealed yesterday, the Tesla and SpaceX CEO has bought a 9.3% stake in Twitter, making him the social media company’s largest shareholder.

And today, DOGE is rallying again on the back of fresh news that Musk has now joined the Twitter board of directors.

The feeling is that the Bitcoin and Dogecoin-HODLing billionaire aligns strongly with the decentralised and freedom-of-speech-loving crypto-industry ethos.

There’s also the specific thought that Musk could push for DOGE payments to be integrated into the social-media platform at some stage.

Naturally, DOGE fans are loving it…

 

DAILY SLUMPERS 

• Waves (WAVES), (market cap: US$3.36 billion) -17%

• Zilliqa (ZIL), (mc: US$1.85 billion) -9%

• Synthetix (SNX), (mc: US$1.4 billion) -4%

• EOS (EOS), (mc: US$2.8 billion) -3%

• Osmosis (OSMO), (mc: US$2.7 billion) -2%

 

Uppers and downers: lower caps

Moving below the crypto unicorns (in some cases well below), here’s just a selection catching our eye…

DAILY PUMPERS

• Yieldy (YLDY), (market cap: US$60 million) +51%

• TitanSwap (TITAN), (mc: US$256m) +43%

• Savanna (SVN), (mc: US$151m) +41%

• ParaSwap (PSP), (mc: US$51.5m) +26%

• Neutrino System Base Token (NSBT), (mc: US$128m) +25%

• Neutrino USD (USDN), (mc: US$953m) +3%

 

DAILY SLUMPERS

• Mad Meerkat ETF (METF), (mc: US$60m) -45%

• district0x (DNT), (mc: US$97m) -24%

• RAMP (RAMP), (mc: US$46m) -24%

• Cult DAO (CULT), (mc: US$91m) -15%

• Tenset (10SET), (mc: US$334m) -14%

 

Around the blocks

Famed rapper Snoop Dogg and Cardano founder/self-professed cryptography and maths nerd Charles Hoskinson talking NFTs ‘n’ that… who’da thunk it, eh? This might be worth catching…

 

Meanwhile UpOnly podcast host and crypto Twitter fiend Cobie (more than 663k followers) has been proffering no shortage of interesting strategies and thoughts for British Chancellor of the Exchequer Rishi Sunak.

The UK government has flipped remarkably positive on crypto, declaring this week that it hopes to turn the nation into a “global cryptoasset technology hub”…

 

Oh, and news just in… it appears the Laredo National Bank in Texas is also pretty bullish on Bitcoin…

 

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