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Cryptocurrencies See Mixed Price Movements

Jul 14, 2024 #仮想通貨
Cryptocurrencies See Mixed Price Movements

Points

  • ORDI shows significant price increase.
  • Maker (MKR) ranks high among RWA tokens with notable price gain.
  • Cardano (ADA) sees a surge in whale activities, affecting its price.

This article explores the recent price movements of several notable cryptocurrencies, highlighting the mixed trends observed in the market. ORDI, Maker (MKR), and Cardano (ADA) are the focus due to their recent significant price changes.

ORDI’s Performance

ORDI, part of the Bitcoin network, experienced a substantial price surge over the last 24 hours, climbing to $33.53, a 9.64% increase. Over the past week, ORDI rose by 20.48%, with a market capitalization exceeding $697 million and a trading volume increase of 42%, reaching $143.5 million.

Maker’s (MKR) Impact

Maker (MKR) made a noticeable impact, ranking fourth among RWA tokens on Coinmarketcap and second most profitable cryptocurrency in the last 24 hours. MKR saw a 6.11% price increase in the past day and a 12.41% rise over the past week, bringing its price to approximately $2,484. Despite these gains, MKR’s trading volume remained around $2.311 billion, with a 24-hour trading volume of $124 million.

Whale Influence on Cardano (ADA)

Cardano (ADA) saw significant price movement, attributed to a surge in whale activities. ADA’s price increased by 18.13% over the past week and 4.60% in the last 24 hours, reaching $0.4133. The 24-hour trading volume hit $345 million. Whale activities spiked over 1200%, influencing ADA’s market dynamics despite the long-term goal of hitting $1 remaining distant.

解説

  • Price Movements: The article discusses significant price changes in ORDI, MKR, and ADA, highlighting the factors driving these changes.
  • Whale Activities: ADA’s price surge is linked to increased whale activities, emphasizing the impact of large investors on the market.
  • Market Dynamics: The mixed price movements reflect the volatility and complexity of the cryptocurrency market.