Weekly Crypto Market Report As Per 8 August

The whole Crypto market is trying to heal from the big dip, some are making progress while some are still struggling to lift up

According to CoinMarketCap, the current market cap is  $11,34,68,72,91,716.126 on 8 August.

According to the experts, it will take a lot of time to recover and return to the original place. The application of 1% TDS  also affected the market negatively and more dip can be expected after seeing the current situation.

Even the top-performing coins were seen struggling these weeks where the price of bitcoin is ₹1,920,099.29 and has increased by 5.06%  in the last 24 hours and an increase of 2.21% is seen in the duration of 7 days.

The price of Ethereum at the moment is ₹141,035.23and has increased by 5.31% in the last 24 hours and an increase of 3.84% is seen in the duration of 7 days.

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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 ₹30.42 and has increased by 2.90% in the last 24 hours, and in the 7-day span, it is a dip of 0.31%.

In the case of BNB, the current price is₹26,245.62 and has increased by 5.89% in the last 24 hours and, in the 7-day span, it is in a hike of 13.91.

In the case of MATIC, the current price is ₹74.69 and has increased by 4.80% in the last 24 hours, and in the 7-day span, it has increased by 0.93%.

In the case of DOT, the current prices are  ₹742.13and have increased by 10.33% in the last 24 hours, and in the time span of 7 days, it is in a hike of 4.81%.

In the case of SOL, the current price is ₹3,398.49 and has increased by 7.05% in the last 24 hours, and in the time span of 7 days,  it is a hike of 1.45%.

In the case of ADA, the current price is ₹43.28 and has increased by 5.43 % in the last 24 hours, and in the time span of 7 days, it is in a hike of 4.53%.

Top Gainers for this week

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The top trending crypto gainers for this week are Bloktopia (BLOK), Cream Finance (CREAM), Theta Network (THETA), VeChain (VET), Coin98 (C98). 

  1. BLOK
    The hike seen in the last week is 43.92% and the current price is ₹0.4141.
  2. CREAM
    The hike seen in the last week is 30.51% and the current price is ₹1,822.51
  3. THETA
    The hike seen in the last week is 21.71% and the current price is ₹134.25
  4. VET
    The hike seen in the last week is 18.01% and the current price is ₹2.59
  5. C98
    The hike seen in the last week is 16.48% and the current price is ₹47.21

Top Losers for this week

The top losing cryptos for this week are Travala.com (AVA), Terra (LUNA), Saitama V2 (SAITAMA), Terra Classic (LUNC), Gari Network (GARI)

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  1. AVA
    The dip seen in this in the last week is 34.71%. The current price is ₹66.47
  2. LUNA
    The dip seen in this in the last week is 12.93%. The current price is ₹171.80
  3. SAITAMA
    The dip seen in this in the last week is 12.79%. The current price is ₹0.273
  4. LUNC
    The dip seen in this in the last week is 10.31%. The current price is ₹0.00802
  5. GARI
    The dip seen in this in the last week is 8.10%. The current price is ₹6.84.

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

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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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