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Market highlights December 1: Major cryptos in positive territory, Moderna loses 4.36%

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Major cryptos are in the green today. Markets look good for those outside the top 20 as well. All three major US indices retreated yesterday as panic-selling gripped global markets. The DJ30, SPX500 and NASDAQ100 lost 1.85%, 1.9% and 1.55%, respectively, on a tough day for listed firms. Moderna took a dive after its CEO’s vaccine comments.&

Top cryptos

Ethereum and Solana led the major cryptos, jumping more than 8% over the past 24 hours. Other top cryptos were also in positive territory, with BNB up almost 4%, XRP advancing about 3%. Bitcoin was up 1.5% and hovering in the area of $57,000 at time of writing. After a strong showing yesterday Shiba Inu and Dogecoin dropped more than 8% and 2% respectively. Avalanche again pushed SHIB out of the 11th spot by market cap. Polygon is up 12%.

Top movers

Klaytn is up 13.11% today. The platform combines the best features of both public blockchains (decentralized data and control, distributed governance) and private blockchains (low latency, high scalability) via an efficient 'hybrid' design.

Stacks is a bigger winner with a 24-hour gain of 25.52%. Stacks is a layer-1 blockchain solution that is designed to bring smart contracts and decentralized applications to& Bitcoin. These smart contracts are brought to Bitcoin without changing any of the features that make it so powerful — including its security and stability.

Curve DAO Token (CRV) reflects the overwhelming market success of DAOs and DAO coins. It’s up 13.76% today. Nexo, the popular exchange’s native token, gained 11.23%.

The biggest winner of the day is 89th-ranked Voyager Token. Voyager is a cryptocurrency broker that provides investors with a trusted and secure access point to crypto asset trading. Voyager is built to serve both retail and institutional investors with a near-instant solution for trading crypto assets. It’s up almost 29% today.

Trending

MOBOX Protocol emerged as a new player on the market. It creates a free to play and play to earn ecosystem. It runs on Binance Smart Chain, showing NFT interoperability by combining cross chain and cross platform functionality for NFTs.& It’s up 67% in the last 24 h.

Another lesser-known coin, CertiK, is up almost 74% in the last 24 hours, currently just below $3 per CTK. It is a security-first, delegated proof-of-stake blockchain enabling trustworthy execution of mission-critical applications, including DeFi, NFTs, and autonomous vehicles.

The post Market highlights December 1: Major cryptos in positive territory, Moderna loses 4.36% appeared first on Coin Journal.


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