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Recent cryptocurrency price increases had to end someday, and apparently, that day came today. While cryptos are experiencing a downward trend, the seven-day price charts still show impressive price increases.
Although bitcoin has been doing fairly well over the last few days, the coin has seen a price drop of 4.12% and is now trading at $22,802.60. Ethereum’s ether is also in the red, down by 5.88% over the last 24 hours. Ether is now trading at $1,507.51. However, it is still nearly a 40% increase compared to last week’s price.
While Binance’s BNB is down by only 3.20%, the prices of XRP, Cardano’s ADA, and Solana SOL are affected much more as the coins have seen price drops of 5.52%, 8.40%, and 7.70%. Lido DAO, a coin whose price has risen by 87.71% over the last seven days, has seen the largest price drop, down by 19.19%. TerraClassicUSD follows suit, down by 13,09%, though no one is surprised at this point to see the Terra stablecoin’s turbulent price changes. Waves, STEPN GMT, Convex Finance CVX, and Elrond EGLD have all lost a tenth of their prices.
In the NFT realm, things are not much brighter. Flow is down by 7.38%, while ApeCoin APE has lost 9.03% of its value. The Sandbox’s SAND and Decentraland’s MANA have both shed prices by 1.54% and 5.86%. XMON, Vivid Labs VID, and Dego Finance DEGO have seen the largest price drops of 18.91%, 15.61%, and 15.23%.
However, there are still some metaverse coins in the green—SwftCoin SWFTC is continuing the upward trend, up by 20.45%. Star Atlas ATLAS has also seen a decent price increase of 12.20%.
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