DEXTools’ Top Trending Cryptocurrencies – Agoras Token, GHOSTDAG, DEXTools
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The global cryptocurrency market capitalization decreased slightly by 0.88%. last 24 hours. Its current value stands at $1.54 trillion. However, this will not affect the development of DEXToolsโ top trending coins.
Within 24 hours, the overall cryptocurrency market size increased by 36.06%, reaching $86.23 billion. DeFi accounted for 11.71% of the total cryptocurrency market 24-hour trading volume at $10.1 billion. All stablecoins contributed a total of $78.87 billion, accounting for 91.47% of the total cryptocurrency market 24-hour trading volume.
Bitcoin currently holds 53.10% dominance and is up 0.53% for the day. While this increase in Bitcoin dominance coincides with a slight decline in global cryptocurrency markets, trading volumes continue to see significant activity across various sectors, particularly DeFi and stablecoins.
On Tuesday, Germany saw its 10-year government bond yield plunge to a six-month low, halting global stock markets from hovering around four-month highs. The development follows heightened speculation among traders regarding a potential interest rate cut by the European Central Bank (ECB) in early 2024, along with ongoing deliberations over the Federal Reserve’s economic outlook.
The 10-year Bund yield fell 7 basis points to 2.28%, the lowest since June 2. This notable decline was triggered by comments made by ECB official Isabel Schnabel in a Reuters interview. Schnabel said further rate hikes were “highly unlikely” due to the unexpectedly significant decline in inflation.
In the most developed places market Globally, government bond prices rose as bond yields, which move inversely to prices, fell. The move runs counter to a trend in 2022 and earlier this year where the central bank’s policy rate hikes led to significant selling in government bonds.
Traders are now almost fully expecting the ECB to cut interest rates by 25 basis points at its March meeting, with nearly 150 basis points cut by the end of 2024.
DEXTools’ most popular cryptocurrency coins
The euro initially fell, but later strengthened again and ended up trading slightly lower against the US dollar at $1.0829.
Expectations for a similar rate cut persist in the U.S., with traders considering a 50 basis point cut by June. Reflecting this sentiment, the US 10-year Treasury yield fell 5 basis points to 4.24%. This adjustment follows a 6 basis point increase observed the previous day. Cautious adjustments in markets imply a delicate balance between global monetary policy changes and the economic outlook amid evolving inflation dynamics.
1. Agoras Token (AGRS)
call Agoras (AGRS) is one of the leaders Top trending cryptocurrencies This is information about DEXTools at the time of writing this report. The price is impressive at $6.99 and shows an impressive 24-hour trading volume of $7.31 million. This surge represents an incredible 43.70% increase in the last 24 hours, further highlighting the massive surge of 363.21% in the last 7 days. Unfortunately, current data regarding Agoras’ market capitalization is not available due to the unreported circulating supply of AGRS tokens.
Reflecting Agoras’ historical price performance, the coin’s all-time high was recorded at $38.86 three years ago, on May 13, 2020. The current price shows a significant decline of 81.82% from the historical high. Conversely, Agoras’ all-time low was $0.02638930, recorded on December 29, 2022, about 11 months ago. In comparison, the current price is showing an incredible increase of 26,677.16% compared to the lowest point.
In contrast to cryptocurrencies, Agoras (AGRS) has shown excellent price-performance ratio. Over the past 7 days, it has shown a phenomenal 362.90% surge, exceeding the global cryptocurrency market growth rate of 7.90%. Additionally, compared to similar Ethereum ecosystem cryptocurrencies, Agoras: Currency of Tau (AGRS) performed better, with a higher growth rate of 12.70%.
The prevailing market sentiment towards Agoras remains overwhelmingly optimistic, with over 92% of the community expressing positive sentiment about Agoras’ current trajectory. This strong sentiment reflects the coin’s recent outstanding performance, sparking optimism and confidence among investors and enthusiasts about potential future growth.
2. Ghost DAG (GDAG)
The current price is $0.00030540. Ghost DAG (GDAG) It shows active market activity with a significant 24-hour trading volume of $1.06 million. This surge reflects a notable 39.25% increase over the past 24 hours, complementing a steady 11.26% increase over the past 7 days. In particular, market capitalization data for GhostDAG is not currently available due to the unreported circulating supply of GDAG tokens.
Looking at the price history on GhostDAG.org, the coin’s all-time high is $0.00035966, which was achieved 8 days ago on November 26, 2023. The current price represents a decline of 15.22% from the recent all-time high. Conversely, the coin’s all-time low was $0.00015046, observed 11 days ago, on November 24, 2023. This represents a 102.67% surge from the low to the current price.
GhostDAG (GDAG) shows promising price performance compared to its cryptocurrency peers. It showed an increase of 11.30% over the past 7 days, outpacing the global cryptocurrency market growth rate of 7.90%. However, when compared to similar Ethereum ecosystem cryptocurrencies, GhostDAG (GDAG) underperformed slightly, with a growth rate of 12.70%.
$GDAY Holders may see changes in some logistics status. $what Miner โ In bold:
Thanks to the preferential pricing, I purchased one additional unit in my second batch, bringing my number from 14 to now 15. It is in progress.
Total Th/s Current 472.2
IceRiver KS3M 6Th/s:
35 GhostDAG (210โฆ https://t.co/yXeqgESTi5
โ GhostDAG.org (@GhostDAG) December 5, 2023
The prevailing market sentiment for GhostDAG remains overwhelmingly optimistic, with over 93% of users expressing optimism about its current trajectory. This sentiment highlights the community’s confidence and positive expectations about GhostDAG’s prospects, and has been further emphasized by the recent surge in trading activity and price rises.
3. DEXTools (DEXT)
DEXtool Today I am trading differently than everyone else. DexTools (DEXT), with a current price of $0.647995, shows a 24-hour trading volume of $119,273. This reflects a slight 1.59% decline over the past 24 hours, despite an impressive 20.67% surge over the past 7 days. With a circulating supply of 89 million DEXT tokens, DexTools has a market capitalization of $57,915,566.
Reviewing the historical performance of DexTools (DEXT), the coin’s all-time high was $0.940315, which was recorded two years ago on March 9, 2021. The current price is approximately 30.98% below this historical high. Conversely, the coin’s all-time low was observed at $0.00001117, recorded three years ago on June 19, 2020. The current price has registered an impressive increase of 5,812,221.02% from this low figure.
Unlike other products, DexTools (DEXT) offers a commendable price-performance ratio. Over the past 7 days, it has shown an incredible rise of 20.70%, outpacing the global cryptocurrency market growth rate of 7.90%. Additionally, when measured against similar Ethereum ecosystem cryptocurrencies, DexTools (DEXT) demonstrated a competitive growth rate of 12.70%.
another success @DextForce ,Always choose better projects and teams to invest in for the community. @LitLabGames We had a very good performance last week so congratulations to all the members who invested in our group.๐ https://t.co/HTD1wtWc5m
โ DEXT Force Ventures (@DextForce) December 4, 2023
Today, market sentiment towards DexTools (DEXT) remains overwhelmingly bullish despite its market position. More than 100% of users expressed positive sentiment and expressed confidence in their ability to maintain their current position. Top trending cryptocurrencies. This optimistic stance highlights the community’s confidence and optimism about DexTools’ potential growth and performance in the cryptocurrency environment, despite a recent slight decline in the 24-hour trading period.
What is the next most popular cryptocurrency?
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