Crypto market in the red as Solana remains the most heavily hit
Sep 17, 2021
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Solana, touted as the ‘Ethereum killer’, continues its nose dive
It fell by another 10 percent in the last 24 hours, currently priced $145.81
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The only currencies that seem to be bucking the trend in the top 10 are Dogecoin and Polkadot
Where Polkadot is trading flat at $35.96
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Dogecoin is up by over 3 percent at $0.2544
But still a long way from its record high of $0.74
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The meme-based coin’s recovery continues to lag recovery compared to its peers
Others in the top 10 have gained more than half of their lost value from May’s crash
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Bitcoin was able to rise to nearly $48,000 before dipping back to $47,800
The world’s oldest cryptocurrency is down by 1.08 percent
Ether is in the red by 2.65 percent
The cryptocurrency is currently worth $3,539
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Cardano, another ‘Ethereum killer’, also shrank with the market
The ADA coin is priced at $2.41, down by 3 percent in the last 24 hours
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Binance Coin, the token behind the biggest crypto exchange in the world, is also down by nearly 3 percent
Its price is currency $417.78
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The controversial XRP is worth $1.09, down 3 percent from yesterday
The cryptocurrency continues to be heavily hit after regulators in the US have ramped up scrutiny
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At the time, it seems highly unlike that XRP can climb over $3 to its last all time high
A further dip or ‘mooning’ will depend on who comes out ahead in this battle, according to CoinPrice Forecast
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Disclaimer
These are top cryptocurrencies by volume according to CoinMarketCap | Prices updated as of September 17, 1 pm IST and may change over the course of the day
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