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Crypto Market: Capitalization Surge and Gaming Token Decline

Crypto Market: Capitalization Surge and Gaming Token Decline

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by Giorgi Kostiuk

an hour ago


Recent data shows that the total capitalization of the crypto market has reached $4 trillion, however, the gaming token category has faced slow growth.

Overall Trends in the Crypto Market

The current capitalization of the crypto market stands at $3.8 trillion, with an intraday decline of 1.25%. Trading volume has reached $210.45 billion.

Cryptocurrencies: Records and Declines

While cryptocurrencies such as Bitcoin, Ethereum, BNB, and Dogecoin reach new records, Bitcoin has hit its all-time high of $124,457 set on August 14. Ethereum also reached $4,953 on August 25. Currently, Solana is trading at $187.72, down 5.30% in the last 24 hours, while Dogecoin is priced at $0.2098 with a 4.54% drop.

Crypto Games: Slow Growth and Position Loss

The gaming token market capitalization stands at $18.68 billion, a decrease of 11.23% over the past 30 days. Render token leads with a market cap of $1.79 billion, while Gala ranks 7th with a capitalization of $740.51 million. In the last 24 hours, OMI had the highest growth of 123.81%, whereas Baby Shark Universe lost 35% of its value, now priced at $0.1185.

The overall dynamics of the crypto market currently see a capitalization increase, while the gaming token sector demonstrates instability and declines.

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