Monthly Crypto Market Report’ Suncrypto Exchange

The whole Crypto Market went through a huge dip where almost every other cryptocurrency still facing the after effect of the market crash, according to CoinMarketCap, the current market cap is  $10,48,56,61,21,588.616 on 1 August. This whole Crypto market is struggling for months now continuously and the situation has only gotten worse due to the 1% TDS application by the Indian government. According to the experts, it is getting better but it will take a long recovery time to get back to the stable form of the market.

This massive crash has also affected the value of Bitcoin, the price of bitcoin at the moment is ₹1,792,284.05 and it is in a hike of 23%. Whereas Ethereum prices at the moment are ₹124,107.91 and it is in a hike of 63.29%.

crypto

In the list of other top cryptocurrency categories, other than Bitcoin and Ethereum there are XRP, BNB, Polygon (MATIC), Polkadot (DOT), Solana (SOL), Cardano (ADA), etc.

In the case of XRP, the current price is ₹29.16, which is a hike of 22.07%. In the case of BNB, the current price is ₹21,914.40and it is in a hike of 33.81%. In the case of MATIC, the current price is ₹67.92 and it is a hike of 99.40%.

In the case of DOT, the current prices are ₹618.31 and it is a hike of 31%. In the case of SOL, the current price is ₹3,174.31and it is in a hike of 34%. In the case of ADA, the current price is ₹38.84, which is a dip of 17%.

Top Gainers and Losers of the Crypto Market

The top crypto gainers for this July month were Ethereum Classic (ETC), Travala.com (AVA), UFO Gaming (UFO), Polygon (MATIC), DYDX crypto

  1. ETC
    The hike seen in the 30 days is 157.77% and the current price is ₹2,824.54
  2.  AVA
    The hike seen in the 30 days is 131.59% and the current price is ₹72.24
  3. UFO
    The hike seen in the 30 days is125.94% and the current price is ₹0.0001878
  4. MATIC
    The hike seen in the 30 days is 99.95% and the current price is ₹67.85
  5. DYDX
    The hike seen in the 30 days is 94.55% and the current price is ₹175.55

The top losing cryptos for this July month were Metahero (HERO), Elrond (EGLD), Serum (SRM), Cream Finance (CREAM), API3 crypto

  1. HERO
    The dip seen in this in the last 30 days is 17.63%. The current price is ₹0.2326.
  2. EGLD
    The dip seen in this in the last 30 days is 13.92%. The current price is ₹4,325.38
  3. SRM
    The dip seen in this in the last 30 days is 13.84. The current price is ₹74.80.
  4. CREAM
    The dip seen in this in the last 30 days is 12.72. The current price is ₹1,382.10.
  5. API3
    The dip seen in this in the last 30 days is 10.85. The current price is ₹149.53

For more relatable information about Crypto Market stay in touch with the Suncrypto Exchange.

Disclaimer:

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. All content provided is for informational purposes only, and shall not be relied upon as financial/investment advice. Opinions shared, if any, are only shared for information and education purposes. Although the best efforts have been made to ensure all information is accurate and up to date. Occasionally unintended errors or misprints may occur. We recommend you to please do your own research or consult an expert before making any investment decision. You may write to us at [email protected].

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