• The global market cap is currently $1.05 trillion, up 0.80% in the last 24 hours.
• Dogecoin (DOGE), Avalanche (AVAX), Terra Classic (LUNC), and Polygon (MATIC) are the top bullish and trending coins of the day.
• DOGE is currently trading at $0.08983 and has risen by 4.97%, AVAX is trading at $20.37 and has increased by 13.01%, and LUNC is trading at $2.44 and has increased by 20.69%.
The cryptocurrency market has recently experienced a bear market, with the global market cap trading below one trillion dollars. However, new projects in the blockchain sector and new updates in the crypto markets have led to a boom in market conditions, and the global market cap has recently surged to $1.05 trillion, up 0.80% in the last 24 hours.
The top trending coin of the day is Avalanche (AVAX), a blockchain protocol that utilizes smart contracts to support a wide range of blockchain projects and ensures near-instant transaction completion. AVAX is currently trading at $20.37 and has increased by 13.01%, with a market cap of $6 billion and a 24h trading volume of $875.50 million. There are 314 million AVAX in circulation.
Another popular coin is Dogecoin (DOGE), which is a meme coin and is currently trading at $0.08983 and has risen by 4.97% in the last 24 hours. There are 132 billion DOGE in circulation and it has a market cap of $11 billion and a 24h trading volume of $641.84 million.
Terra Classic (LUNC) is a proof-of-stake blockchain protocol that enables developers to create and deploy various decentralized applications (dApps) and smart contracts. It is currently trading at $2.44 and has increased by 20.69%, with a market cap of $829 million and a 24h trading volume of $3.2 billion. There are 345 million LUNC in circulation.
Finally, Polygon (MATIC) is a Layer-2 scaling platform for Ethereum. It is currently trading at $1.45 and has increased by 11.95%, with a market cap of $2.5 billion and a 24h trading volume of $1.2 billion. There are 1.7 billion MATIC in circulation.
It is clear that the cryptocurrency market has recovered from the bear market and is now experiencing growth in the global market cap. These top bullish and trending coins of the day have seen an impressive increase in their prices, indicating positive sentiment in the crypto market.