The overall crypto market cap and volume increased by 1.38% and 11.60% respectively. Bitcoin, BNB, Ethereum, and Solana spiked.
Crypto prices today: Bitcoin and altcoins in the green, meme coins & metaverse tokens surge
By Nidhi Bhardwaj: Cryptocurrencies traded green on 5 December. The global crypto market cap advanced by 1.38 percent to $864.76B, followed by an increase in the total crypto market volume by 11.60 percent to $33.71B, in the last 24 hours. The value of Bitcoin grew by 1.37 percent to trade at $17,215 according to CoinMarketcap.
The value of Ethereum also surged by 2.42 percent to $1,290.75. As of (1000 IST), Solana rose by 3.44 percent to trade at $13.90, from the previous day. Other cryptocurrencies such as Tether increased by 0.01 percent to $1.00, and BNB increased by 0.95 percent to $294.84. XRP gained by 0.34 percent to $0.392148. Contrastingly, USD Coin is down by 0.01 percent to $0.999924.
Top gainers include Celo, Cronos, Internet Computer, and ImmutableX, with current growth rates of 13.93 percent, 12.20 percent, 6.66 percent, and 6.22 percent, respectively. On the other side, Monero, Tron, Gemini Dollar, and Neutrino USD were among the top losers.
Increase in overall meme coins; Shiba Inu up & Dogecoin down
The overall value of meme coins rose by 8.14 percent over the last day to $0.021911. Shiba Inu saw a 0.28 percent boost in value to $0.000009, Dogecoin was down by 0.12 percent to $0.104176, and Dogelon Mars gained 21.35 percent to $3.77e-7.
Metaverse tokens gain
Trending metaverse token, Decentraland was up 0.72 percent to trade at $0.412055, and Axie Infinity stood at $7.08 and witnessed a $3.95 percent increase in its value. Sandbox registered a gain of 1.93 percent to $0.594959.