Today’s cryptocurrency prices in Nigeria (15 May 2022): According to CoinMarketCap data on Sunday, the global crypto market cap has decreased to $1.28 trillion, regaining only 0.46 percent in the last day (1.08 PM).
Only a handful of big cryptos have shown signs of recovery, as the global cryptocurrency market volume fell 18.36% to $85.21 billion in the last 24 hours. The overall volume in DeFi was $14.32 billion, accounting for 116.8% of the entire 24-hour volume in the crypto market. The 24-hour volume of stable coins was $76.88 billion, accounting for 90.23 percent of the total crypto market volume.
In the previous 24 hours, the price of Bitcoin has risen marginally to $29,883.64. This week, it fell below $30,000 due to a global crypto market slump.
Bitcoin’s supremacy as the most valuable crypto asset is still around 44.46 percent. In the last seven days, the price of Bitcoin has dropped 14.32 percent. Bitcoin’s price has risen by 1.35 percent in the last 24 hours.
Fear is still present.
Even though the market appears to be stabilizing following the crisis, the bitcoin Fear & Greed Index shows that severe fear emotion remains. As of today, the multifaceted crypto market emotion of “Extreme Fear” does not appear to be shifting.
Top Cryptocurrency Prices
The top ten cryptos on CoinMarketCap have changed during the latest crypto market crisis. While Terra (Luna) has vanished from the top crypto rankings, Dogecoin has resurfaced at number ten. Consider how prices have changed in the last 24 hours:
Ethereum (ETH): In the previous 24 hours, the price of Ethereum climbed by 0.17 percent to $2035. The price of ETH has dropped by 20.4 percent in the last week. It is presently the second most valuable crypto asset by market capitalization.
Binance (BNB): In the last 24 hours, the price of Binance currency climbed by 2.16 percent to $293. The price of BNB has dropped 18.48 percent in the last seven days. In terms of market capitalization, it is now the fifth-largest cryptocurrency.
XRP: In the last 24 hours, the price of XRP coin has dropped 1.79 percent to $0.4225. The price of XRP has dropped 26.3 percent in the last seven days. It is presently the 6th most valuable crypto asset by market capitalization.
In the last 24 hours, the price of Solana (SOL) has climbed by 0.96 percent to $51.64. SOL’s price has dropped 33.84 percent in the last week. In terms of market capitalization, it is now the ninth-largest cryptocurrency.
Cardano (ADA): The price of the Cardano token grew by 0.43 percent to $0.5355. In the previous 24 hours. The price of ADA has dropped 27.97 percent in the last week. In terms of market capitalization, it is now the seventh-largest cryptocurrency.
The price of Dogecoin (DOGE), a popular memecoin, has dropped by 1.82 percent in the last 24 hours. In terms of market capitalization, DOGE is presently placed 10th. DOGE was trading at $0.08831 at the time of this article.
In the meantime, Polkadot (DOT) and Avalanche (AVAX) stock prices have risen by more than 5% in the last 24 hours. On CoinMarketCap, DOT and AVAX are now rated 11th and 12th, respectively.