• The total crypto market capitalization has seen a net reduction of $50.7 billion, with Bitcoin and Ethereum experiencing declines in their respective market capitalizations.
• Stablecoins have displayed mixed performances, with Tether maintaining stability and USD Coin and Binance USD experiencing dips.
• LHINU, XRD, DLANCE, SNX, ECOTERRA, ICP, SWDTKN, and TARO are some of the best cryptos to buy now.
Recent Crypto Market Downturn
The total crypto market capitalization saw a net reduction of $50.7 billion today with the top ten digital currencies by market cap all experiencing a decline in value. Bitcoin’s market cap dipped by 3.37% to reach $613.48 billion currently while Ethereum’s market cap dropped 5.82% so far today at $235.4 billion. Other altcoins experienced similar dips in their valuations as well, with Dogecoin losing 6.75%.
Meanwhile stablecoins showed mixed performance with Tether (USDT) maintaining stability at a market cap of $81.09 billion while USD Coin (USDC) and Binance USD (BUSD) experienced declines in their respective valuations falling to $31.37 billion and $664 million respectively .
Best Cryptos To Buy Now
In this dynamic landscape there are still opportunities for those seeking to diversify their crypto portfolio after careful examination of both fundamental and technical factors; LHINU, XRD, DLANCE, SNX,,ECOTERRA ICP SWDTKN & TARO are some of the best cryptos to buy now .
Love Hate Inu: A New Meme Coin
The meme coin industry is also seeing new entrants such as Love Hate Inu (LHINU), which is gaining attention due its Vote-2-Earn (V2E) platform . It serves as an example that meme tokens can evolve from mere internet humor into practical applications .
In conclusion , despite the recent downturn in the cryptocurrency markets , there are still ways for investors to diversify their portfolios by carefully examining both fundamental and technical factors .