Weekly Crypto Market Report’ Suncrypto Exchange 31 May

After a huge crash, the Crypto Market has finally recovered a little, according to the CoinMarketCap the current market cap is ₹101,366,957,214,129 on 31 May which has increased by 2.70%  from yesterday.

The Crypto market was struggling for more than a few weeks continuously where it was stuck for a long time but now it is slowly growing back. According to the experts, it will take a long recovery time. Even after the huge LUNC crash, the prices of bitcoin are continuously growing but at a slow pace where the price of bitcoin at the moment is $31,540.72  (₹2,453,314.65) and has increased by 2.82% in the last 24 hours and has increased by 7.57% in the duration of 7 days.

% changes

The Crypto market was struggling for more than a few weeks continuously where it was stuck for a long time but now it is slowly growing back. According to the experts, it will take a long recovery time. Even after the huge LUNC crash, the prices of bitcoin are continuously growing but at a slow pace where the price of bitcoin at the moment is ₹2,453,314.65 and has increased by 2.82% in the last 24 hours and has increased by 7.57% in the duration of 7 days.

Weekly Crypto Market Report

The top trending crypto gainers for this week are WAVES, Cardona (ADA), Axie Infinity (AXS), AAVE,  and (Stellar) XLM. 

Crypto market report

  1. WAVES
    In the last 24 hours, the prices of Waves have hiked by 57.42% and are currently at the price of ₹680.13. And from the last 7 days, the hike seen is 54.19%.
  2.  Cardona (ADA)
    In the last 24 hours, the prices of Cardona have hiked by 27.01% and are currently at the price of ₹50.90. And from the last 7 days, the hike seen is 25.42%.
  3.  Axie Infinity (AXS)
    In the last 24 hours, the prices of Axie Infinity have hiked by 26.01% and are currently at the price of ₹1,940.50. And from the last 7 days, the hike seen is 17.72%
  4.  AAVE
    In the last 24 hours, the prices in AAVE have hiked by 14.69% and are currently at the price of ₹9,100.60. And from the last 7 days, the hike seen is 17.48%.
  5. Stellar (XLM)
    In the last 24 hours, the prices in Stellar have hiked by 6.97% and are currently at the price of ₹11.50. And from the last 7 days, the hike seen is 13.33%.

The top losing cryptos for this week

Are STEPN (GMT), Compound (COMP), Elrond (EGLD), ApeCoin (APE), and Avalanche (AVAX). 

crypto market report

  1. STEPN (GMT)
    In the last 24 hours, the hike seen in STEPN is 1.31% and is currently at the price of ₹92.54. But the dip seen in this in the last 7 days is 14.90%.
  2. Compound (COMP)
    In the last 24 hours, the hike seen in COMP is 6.03% and is currently at the price of ₹4,912.47. But the dip seen in this in the last 7 days is 9.46%.
  3. Elrond (EGLD)
    In the last 24 hours, the DIPseen in EGLD is 0.80% and is currently at the price of ₹6,445.83. And the dip seen in this in the last 7 days is 10.30%.
  4. ApeCoin (APE)
    In the last 24 hours, the hike seen in APE is 0.44% and is currently at the price of ₹540.26. But the dip seen in this in the last 7 days is 9.08%.
  5. Avalanche (AVAX)
    In the last 24 hours, the hike seen in AVAX is 1.22% and is currently at the price of ₹2,106.43. But the dip seen in this in the last 7 days is 7.13%.

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

Top headlines for this week; –

  1. Elon Musk: Tesla merchandise can be bought with Doge. Soon SpaceX merchandise too

  2. All You Need To Know About The LUNA 2.0 Airdrop

  3. RBI to Adopt “Graded Approach” Toward Digital Currency Launch

  4. Twitter Investors Sued Elon Musk Over $6.25 Billion Equity

  5. Terra LUNA 2.0 getting launched after the huge drop

  6. French Luxury Brand Balenciaga To Accept 2 Major Cryptocurrency as a Payment Method

  7. Indian Central Bank Head Bashes Crypto After Latest Terra USD and LUNA Crash

  8. Ethereum co-founder Buterin says he’s not a billionaire anymore After Losing $60 Million

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].

Leave a Comment

Related Posts

Algo Trading

Algorithmic Trading: What is Algo Trading in Crypto

Investing in any financial market includes several risks such as significant losses, but what if

Hong Kong Approves First Spot Bitcoin and Ethereum ETFs

Hong Kong Approves First Spot Bitcoin and Ethereum ETFs

In a groundbreaking move, Hong Kong’s securities regulator has given the green light to several

Crypto Highlights of the Week

Crypto Highlights of the Week | 15 April 2024

The events of the previous week sparked a negative feeling in the crypto community, and