On Thursday the cryptocurrency market saw a dip with the global cryptocurrency market cap dropping by 1.75% to $2.86T.
Despite the drop in the market cap, the total crypto market volume increased by about 34% in the last 24 hours.
The total volume in decentralized finance (DeFi) is about $30.43B, which is 16.76% of the total crypto market tring volume while the volume of stablecoins is $142.05B, which is 78.23% of the total crypto market volume in the last 24 hours.
Top coins in the red
All the top ten cryptocurrencies by market cap ranking are in red.
Bitcoin (BTC) has seen a 2.28% decrease to tre at about $65,255 after hitting an all-time high above $69,000.
Despite its current dip, Bitcoin still controls the majority share of the cryptocurrency market with a dominance of about 43%.
Ethereum (ETH) on the other hand has seen a 0.48% decrease to tre at about $4,713.
Binance Coin (BNB) has dropped by about 2.88% to tre at about $631.
Cardano (ADA), Polkot (DOT), and Dogecoin (DOGE) have seen the largest drop among the top ten cryptocurrencies. Cardano has dropped by 5.07% to tre at $2.13, Polkot has dropped by 5.52% to tre at about $49, while Dogecoin has dropped by about 4.33% to tre at about $0.2605.
Kena and MicroPets rise
Kena (KDA) and MicroPets (PETS) are among the top trending coins with Kena coming in second after Shiba Inu (SHIB).
Kena (KDA) has risen by about 21% to tre at $24.90 maintaining a bullish trend for the past few days.
On the other hand, MicroPets (PETS) have risen by about 15% to tre at $0.000008774.
Today’s Top Gainers
Today’s top gainer is Ethereum Meta (ETHM), which has risen by 16907% in the last 24 hours.
The other coin in the top three of today’s top gainers includes Aurora (AOA), which has gained 910%, and Litherium (LITH), which has risen by 908%.
META ARTICLE: Global crypto market cap down 1.75%, top coins drop, as Kena and MicroPets maintain their bull run PUBLISHED: 2021-11-11 12:02:17 SOURCE: https://cointext.com/news/global-crypto-market-cap-down-1-75-top-coins-drop-as-kena-and-micropets-maintain-their-bull-run/