Cryptocurrency Prices Of The Day

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Cryptocurrency Prices Of The Day
28 Oct 2021
5 min read

News Synopsis

Except for Shiba Inc. and dollar-pegged stable coins, seven out of the top 10 cryptocurrencies were recording a lower rate at 9:30 hours IST. Solana, XRP, Cardano, and Polkadot tanked 8-10 percent each, whereas Shiba Inu soared 74%.

News has emerged that the global crypto market has declined 4%, falling below $2.50 trillion compared to the last day. Despite this, the global crypto market hiked from 65% to $187.64 billion. 

The world’s biggest cryptocurrency has fallen over 10% in the last week. There has been a fall in global NFT sales volume from the last three weeks, and companies are expecting a revival of sales and interest in cryptocurrency in the coming weeks. 

Shiba Inc.’s popularity soared after Tesla CEO Elon Musk tweeted about it but later withdrew from the same. The way people are marketing on the internet and as people are getting more and more aware of cryptocurrency and its market value, global shares are expected to grow and yield better results.



 

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