Cryptocurrency markets are beginning to recover from last week’s losses as bitcoin, etherium and several digital assets have seen slight gains. However, cryptocurrency frost last week saw its price skyrocket 46.9% in the last seven days. Snowfall ranks in the top ten digital asset market valuations with its .5 31.5 billion market cap. Snowfall reached an all-time high of $ 144 per unit on November 21, a massive 3,795% increase in crypto assets in 12 months.
Snowfall has increased by more than 20% in the last 24 hours
Crypto Asset Avalanche (AVAX) has risen more than 21% in the last 24 hours. In addition to GALA, Snowfall is the biggest crypto resource gainer on the last day. On Sunday, AVAX hit an all-time high (ATH) above $ 144 per unit and entered the top ten cryptocurrencies by market capitalization. AVAX’s market stablecoin market is just below the D 36.2 billion capital of USD Coin (USDC).
Seven-day statistics indicate that AVAX grew 46.9% in seven days, 83% in two weeks, more than 133% in the last three months, and year-to-date, AVAX rose 3,795%. Teether (USDT) points to 63.84% of today’s AVAX exchange, while the US dollar accounts for about 14.23% of AVAX trades. It is followed by trading pairs such as BTC (9.58%), BUSD (5.56%), TRY (3.86%), ETH (1.33%), and BNB (0.79%).
The most active crypto trading platform on Sunday is the exchange avalanche (AVAX) Binance. In terms of AVAX trades, the exchanges follow Binance Okex, Trader Joe, Huobi Pro, Bitfinex and Coinbase. The Defillama metrics show that AVAX holds the fourth largest total value locked (TVL) in decentralized financing (Defi) with 12.74 billion. In the last 24 hours, TVL has risen 10.85% and last week, 20.95%.
Avalanche-based decentralized exchange (dex) trader Joe has seen a 34% increase in users in the last seven days and a global trade volume of $ 1.1 billion. Dex Trader Joe is the second largest platform in terms of volume traded below UNICEF’s $ 4.29 billion in weekly exchanges. Trader Joe is the sixth-largest default protocol in terms of TVL with a total value of $ 2.59 billion locked on Sunday. In addition, avalanche-based tokens such as JOE and Wonderland (Time) are gaining value alongside the domestic currency AVAX.
What do you think of Avalanche hitting the highest ever and becoming the top ten crypto assets in terms of market cap? Let us know what you think about this topic in the comments section below.
Image credit: Shutterstock, Pixabay, WikiCommons, TradingView,
Disclaimer: This article is for informational purposes only. It is not a direct offer or offer request to buy or sell, or a recommendation or approval of any product, service or organization. Bitcoin.com does not offer investment, tax, legal, or accounting advice. The Company or the author is not directly or indirectly responsible for any loss or damage caused by the use or reliance on any content, product or service referred to in this article.