Check out the crypto price today, in-depth analysis of top cryptocurrencies
On the cryptocurrency market, one can observe large-scale stirring and changing of investors, both experienced and new ones. On June 28, 2024, the biggest cryptocurrencies by market cap present various tendencies by price and transactions. In this article, the crypto price today of the top 10 cryptocurrencies is listed with the 24-hour change in the value and the weekly trend of these twelve cryptos.
1. Bitcoin (BTC)
Price: US$61,624.09
24h Change: 0.90%
Volume (24h): US$26.62B
Market Cap: US$1.22T
Sector: Currency
Analysis: Bitcoin, the flagship cryptocurrency, continues to maintain its dominance with a slight increase in the crypto price of 0.90% over the last 24 hours. Its trading volume remains robust, indicating sustained investor interest. Over the past week, Bitcoin has shown resilience, contributing to its impressive market capitalization of US$1.22 trillion.
2. Ethereum (ETH)
Price: US$3,452.51
24h Change: 1.68%
Volume (24h): US$11.60B
Market Cap: US$414.93B
Sector: Smart Contract Platform
Analysis: Ethereum has experienced a positive 1.68% price increase in the last 24 hours, reflecting growing confidence in its smart contract capabilities. With a significant market cap of US$414.93 billion and a strong 24-hour trading volume, Ethereum remains a critical player in the blockchain ecosystem.
3. BNB (BNB)
Price: US$578.44
24h Change: 0.95%
Volume (24h): US$3.35B
Market Cap: US$89.00B
Sector: Smart Contract Platform
Analysis: BNB, the native token of Binance, has increased by 0.95% in the last 24 hours. Its steady growth and significant market cap of US$89 billion highlight its importance in the Binance ecosystem and broader crypto market.
4. Solana (SOL)
Price: US$145.72
24h Change: 5.09%
Volume (24h): US$2.95B
Market Cap: US$67.38B
Sector: Smart Contract Platform
Analysis: The crypto price of Solana has shown a remarkable 5.09% increase in the last 24 hours, indicating strong bullish momentum. Its high throughput and low transaction costs continue to attract developers and investors, boosting its market cap to US$67.38 billion.
5. XRP (XRP)
Price: US$0.47917628
24h Change: 2.01%
Volume (24h): US$754.78M
Market Cap: US$26.68B
Sector: Currency
Analysis: XRP has risen by 2.01% in the last 24 hours, reflecting positive sentiment among investors. With a market cap of US$26.68 billion, XRP continues to be a significant player in the cross-border payment space.
6. Toncoin (TON)
Price: US$7.71
24h Change: 0.34%
Volume (24h): US$345.04M
Market Cap: US$18.96B
Sector: Smart Contract Platform
Analysis: Toncoin’s modest 0.34% increase in the last 24 hours and its market cap of US$18.96 billion highlights its steady performance and growing acceptance in the market.
7. Dogecoin (DOGE)
Price: US$0.12710253
24h Change: 3.87%
Volume (24h): US$665.66M
Market Cap: US$18.42B
Sector: Currency
Analysis: Dogecoin’s crypto price has increased by 3.87% in the last 24 hours underscores its continued popularity and speculative interest. With a market cap of US$18.42 billion, DOGE remains a favorite among retail investors.
8. Cardano (ADA)
Price: US$0.39077655
24h Change: 2.79%
Volume (24h): US$265.12M
Market Cap: US$13.85B
Sector: Smart Contract Platform
Analysis: Cardano has increased by 2.79% in the last 24 hours, reflecting renewed investor interest. Its market cap of US$13.85 billion and focus on peer-reviewed research and development make it a prominent smart contract platform.
9. Avalanche (AVAX)
Price: US$28.57
24h Change: 7.35%
Volume (24h): US$400.14M
Market Cap: US$11.25B
Sector: Smart Contract Platform
Analysis: Avalanche’s impressive 7.35% increase over the last 24 hours showcases its strong performance and growing market presence. With a market cap of US$11.25 billion, AVAX is increasingly recognized for its high scalability and fast transaction speeds.
10. Tron (TRX)
Price: US$0.12260609
24h Change: 0.41%
Volume (24h): US$276.89M
Market Cap: US$10.70B
Sector: Smart Contract Platform
Analysis: Tron has experienced a slight decline of 0.41% in the last 24 hours. Despite this, its significant market cap of US$10.70 billion and active ecosystem highlight its continued relevance in the crypto space.
Conclusion
The cryptocurrency market on June 28, 2024, shows that some assets have remained relatively stable some are in the process of growing and some are showing slight volatility. Two cryptocurrencies – Bitcoin and Ethereum are still dominating the like with rather large market capitalization and turnover. Assets such as Tether and USD coin continue to hold their importance in acting as anchors and fillers. On the other hand, smart contracting platforms like Solana and Cardano as well as a platform like the Avalanche are quickly rising to the top, supported by the growing interest in effective blockchain platforms.
Investors in the market require knowledge of the change in market trends and hence must be in a position to make informed decisions. This market is still young and volatile therefore regardless of whether you are practicing long-term positions or scalping, you need to be aware of the notable characteristics of each cryptocurrency and its performance.
