Welcome back to the podcast, everyone! It's October 3rd, 2024, and today we're diving into the fast-moving world of cryptocurrency. There’s been a lot happening recently, so let’s jump right in with the top 10 trending cryptocurrencies on the market today.
Top 10 Trending Coins
At number one, we’ve got Polygon with the symbol $POL, up by 1.37%, currently priced at $0.38. Right behind it is Avalanche, with a healthy 2.11% rise, now sitting at $24.64. Coming in hot at number three is Axelar, up a whopping 14.87% at $0.65. Binance Coin holds steady at number four, with a 1.23% increase, trading for $545.08.
Next up is XYO, up 11.60%, priced at $0.00613, and at number six is Aave, which has risen by 2.07%, currently valued at $142.55. ChainGPT is also gaining ground, up 4.46%, sitting at $0.15. And for you Celestia fans out there, it's up by 2.84%, trading for $4.72.
At number nine, we have Aptos, making big moves with an 8.73% jump to $8.28. And rounding off the top ten is Internet Computer, up 0.35%, valued at $7.95.
Fear/Greed Index
Now, let’s talk about the sentiment in the market. Today’s Fear/Greed Index is at 57, leaning into the Greed territory. 📈 And it's moving upwards, so we might see some more bullish action on the horizon!
Top 5 Gainers
For those of you tracking the biggest gainers, at the top of the list is Axelar—again—with that massive 14.87% rise. XYO isn’t far behind with 11.60%. Then we’ve got Aptos, showing strong momentum with an 8.73% increase. ChainGPT continues its rise with 4.46%, and rounding out the top 5 is Celestia, up by 2.84%.
Top 5 Losers
But it’s not all gains out there. Unfortunately, some coins are taking a hit today. Leading the pack of top losers is Ethena, dropping by 11.89%. Beam follows closely, losing 10.92%. XRP is down 8.12%, and Fantom drops 7.83%. Last on the list is Wormhole, falling by 6.33%.
Crypto News Brief
In other exciting news, we’ve got a big development: the SEC is reportedly nearing approval for the first spot Bitcoin ETF. This could be a game-changer, allowing institutional investors to enter the Bitcoin market more easily. Keep an eye on this—if approved, it could lead to significant price moves for Bitcoin and potentially the broader crypto market.
That’s it for today’s update, folks! Thanks for tuning in. Stay sharp, stay informed, and remember: in the world of crypto, things move fast. See you next time for more updates from the ever-evolving world of cryptocurrency.
Don't forget to subscribe and follow for more daily insights in Trending in the crypto world. Until next time!
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