As Bill Lawry would say, it’s all happening. US dollar up, Russian ruble in rubbles, S&P 500 down but Nasdaq up… Make of that what you will, but let’s focus on Bitcoin – the orange coin is currently in a pump-tastic mood.

At least, it was at the time of writing. That narrative could, of course, be completely reversed by the time you’re speed reading this article.

But enough fate tempting from us for the moment. Here’s a taste of some of the more positive vibes we’re seeing on Crypto Twitter right now…

Now let’s bring the mood down just half a notch. Who can we turn to for that? Gold bug Peter Schiff – you’ll do…

But wait, here’s something else of interest, the Russian ruble now has a smaller market cap than Bitcoin after sinking about 11 per cent against the US dollar today. Guess that’s what you get from your currency when your government decides invasion is an ace idea.

 

Top 10 overview

With the overall crypto market cap sitting at about US$1.91 trillion and up 2.4% over the past day, here’s the state of play in the top 10 tokens right now – according to CoinGecko.

Market mover in chief, Bitcoin (BTC) is busting up while Ethereum (ETH) sits back and watches – for the moment.

Terra (LUNA) continues to lead the pumpage among ETH’s smart-contract platform competitors, though. At the time of writing, it’s registering a 67% gain over the past week. The next best on that front is Ethereum, with a 6.7% weekly gain.

And the LUNA love is being reflected in Terra’s TVL (total value locked) measurement lately. TVL, in case you didn’t know or had forgotten, is the metric for the overall value of crypto assets deposited in decentralised finance protocols within a given layer 1 crypto ecosystem.

 

Uppers and downers: 11–100

Sweeping a market-cap range of about US$19.9 billion to about US$916 million in the rest of the top 100, let’s find some of the biggest 24-hour gainers and losers at press time.

DAILY PUMPERS

• Waves (WAVES), (market cap: US$1.27 billion) +8%

• Huobi BTC (HBTC), (mc: US$1.66b) +7%

• Chiliz (CHZ), (mc: US$978m) +5%

• IOTA (MIOTA), (mc: US$2.1b) +4.5%

• Zcash (ZEC), (mc: US$1.37b) +4%

 

DAILY SLUMPERS 

• Convex Finance (CVX), (market cap: US$916 million) -8%

• Anchor Protocol (ANC), (mc: US$942m) -5%

• Polkadot (DOT), (mc: US$19.5b) -3%

• JUNO (JUNO), (mc: US$1.58b) -2%

• Humans.ai (HEART), (mc: US$1.29b) -1.5%

 

Uppers and downers: lower cap

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

DAILY PUMPERS

• FC Barcelona Fan Token (BAR), (market cap: US$26.4m) +66%

• AS Roma Fan Token (ASR), (mc: US$8m) +36%

• Juventus Fan Token (JUV), (mc: US$19m) +26%

• Arsenal Fan Token (AFC), (mc: US$9m) +20%

• Lazio Fan Token (LAZIO), (mc: US$19m) +20%

What’s with the football fan tokens dominating the micro caps today?  Not exactly sure just at the minute but judging by Crypto Twitter, there are certainly mixed feelings about them among fans. We’ll keep an eye on it and look into it further if the trend develops…

 

DAILY SLUMPERS

• DeFi Land (DFL), (market cap: US$16.4 million) -23%

• Tarot (TAROT), (mc: US$20.5m) -20%

• Nest Protocol (NEST), (mc: US$43.6m) -18%

• Redacted Cartel (BTRFLY), (mc: US$91m) -16%

• Popsicle Finance (ICE), (mc: US$27.5m) -16%

 

Final words

 

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