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The Crypto Market Overview
The crypto market capitalization has experienced a slight decline, resting at $1.37 trillion with a marginal decrease of 2.11% in the last 24 hours. However, the overall trading volume across the market showed resilience with a 2.17% increase over the last day. Decentralized finance contributed $6.92 billion to the 24-hour crypto market volume, while stablecoins maintained a significant presence with a trading volume reaching $56.23 billion.
Bitcoin’s dominance stands at 50.74%, marking a decrease of 0.32% over the day despite the market slide, showing traders’ resilience and ease for the next cryptocurrency to explode.
Asian Markets Surge to Two-Month Highs
Asian markets surged to their highest levels in two months on Wednesday due to potential stimulus measures in China and indications of a halt to interest rate hikes in the United States buoyed them.
MSCI’s broadest index of Asia-Pacific shares outside Japan rallied by 2.3% during the mid-session break in Hong Kong, reaching its peak since mid-September and positioning itself for the most significant daily gain since January.
Wall Street Memes (WSM)
The current price of Wall Street Memes (WSM) is $0.02289, accompanied by a 24-hour trading volume totaling $36.05 million, indicating a decline of 2.30% in the past 24 hours and a 5.10% increase over the last seven days.
PancakeSwap (CAKE)
PancakeSwap (CAKE) gained with its price standing at $2.62 and coupled with a 24-hour trading volume of $391.78 million, showing a significant surge of 22.93% in the past 24 hours and a 22.33% increase over the last seven days.
Kaspa (KAS)
The price surge of Kaspa (KAS) token is one of the most impressive events in the market, with an astonishing surge of over 60% in the weekly charts and an even more staggering increase of over 100% in the monthly charts, edging close to a $2 billion market capitalization.
Lido DAO (LDO)
Lido DAO (LDO) trades at $2.44 with a 24-hour trading volume of $195.21 million, reflecting a 9.73% surge in the last 24 hours and a 25.55% increase over the past seven days.
Nation Celebrates Inflation Drop by Planning Black Friday Spending Spree
The crypto market capitalization once again experienced a slight decline, but there are still opportunities for gains and resilience despite this dip.
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