Welcome to Trending in the crypto world, your go-to podcast for all things crypto, bringing you the latest trends, movers, and insights in the world of digital currencies. Today is September 29th, 2024, and there’s a lot happening in the crypto world, so let's dive right in.
First up, let’s talk about the top trending cryptocurrencies. Right now, Ethereum ($ETH) is leading the charge with a steady 3.55% increase, bringing its price to $2,664.59. It’s not a surprise—Ethereum has consistently held its ground, with its vast ecosystem of decentralized apps and NFTs keeping the momentum going.
Not far behind, we’ve got Bitcoin SV ($BSV) climbing 7.74%, currently priced at $51.75. Meanwhile, Injective ($INJ) is also trending, up 9.14%, with a price tag of $22.79. And of course, FTX Token ($FTT) is back in the spotlight with an enormous surge of 73.39%. Despite its controversies last year, FTX is proving it’s still in the game, now valued at $2.32.
Other notable mentions include Hedera ($HBAR), which saw a 14.91% rise, now priced at $0.06142, and Filecoin ($FIL), up by 10.84%, sitting at $4.08.
Now, let’s turn our attention to the Fear and Greed Index, which today is sitting at 53, meaning we’re in neutral territory. 📉⬇️ We’re not seeing any extreme fear or greed in the market, which could be a sign of stabilization after some recent volatility. For those of you unfamiliar with this index, a score below 50 indicates fear, while a score above 50 signals greed. It’s an important gauge of market sentiment and can help guide trading decisions.
Let’s move on to the top gainers of the day. As I mentioned earlier, FTX Token is having a massive rebound, shooting up by 73.39%, making it the biggest gainer by far. Then there’s Hana ($HANA), which rocketed up by a whopping 244.74%—currently valued at just over $0.0015. Other strong performers include RACA, which is up 38.46%, and HEX, which saw an 80.54% surge. These coins are shaking things up, no doubt about it!
On the flip side, Core ($CORE) has seen a drop of 8.64%, making it one of the top losers. Myro ($MYRO) is also down by 22.90%, now priced at $0.09005. It’s always interesting to see how these projects evolve, with the volatility we’ve come to expect in this space.
Before we wrap up, a quick news brief: In today's headlines, Bitcoin's market cap just passed a new milestone, hitting $1.3 trillion—yet another sign of Bitcoin’s enduring dominance in the market. But while Bitcoin continues to grow, newer coins like Aptos ($APT) and Hedera ($HBAR) are carving out their own niches in the blockchain space, focusing on next-gen scalability and energy efficiency.
That’s all for today’s episode of Trending in the crypto world. As always, keep an eye on the market, do your research, and remember that the crypto space can shift quickly! Stay tuned for more updates, and be sure to follow us on social media for real-time alerts on major market movements.
Until next time, happy trading!
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