On 31 October, a majority of the top cryptos were trading lower. At the time of writing this article (1030 IST), the world’s largest cryptocurrency, Bitcoin, stood at $20,564.36, down 0.91 percent in the past 24 hours. It seems the crypto is consolidated under the resistance of $21,000. Its closest rival, Ethereum, dipped by 1.80 percent and is currently priced at $1,589.92.
The performance of other top cryptos also dropped today. Prices of cryptos like XRP, Cardano, Polygon, Tron, Uniswap, and Litecoin fell by 1.57 percent, 2.99 percent, 1.99 percent, 1.89 percent, 4.93 percent, and 2.05 percent, respectively, at the time of writing. However, cryptos like Solana, Polkadot, Avalanche, and Cosmos were trading in the green today.
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The global crypto market cap stood at $1.01 trillion, losing 1.23 percent over the previous day; however, the total crypto market volume decreased by 18.98 percent to $73.08 billion.
Today’s top gainer was Chiliz, rising by 15.08 percent, while Shiba Inu, Dogecoin, Waves, and Klaytn were among the top losers.
Meme coins
Today, meme tokens were witnessing a dip in their prices. Shiba Inu lost 9.70 percent and Dogecoin, which is presently trading at $0.1232, has dipped by 9.04 percent over the last day. However, the latter swelled by 107.23 percent since the past week. Here, it must be pointed out that Tesla CEO, Elon Musk, has been a huge advocate of Dogecoin and DOGE witnessed price gains following Musk’s takeover of Twitter last week.
Metaverse tokens
Metaverse tokens showed mixed trends. While tokens like The Sandbox, Decentraland, and Enjin Coin were trading higher today, ApeCoin and Axie Infinity witnessed price dips.
