The crypto market is broadly in a downtrend, with most of the top 100 coins showing losses at the time of writing.
Leading Cryptocurrencies
Bitcoin has lost nearly 5% over the last 24 hours, trading around $39,000. Ethereum followed with a roughly 4% decline.
Among the top 10 biggest losers, Dogecoin stands out, reversing its recent gains quickly. The meme coin favored by Elon Musk—which rallied after news of his Twitter purchase—has fallen about 11% at the time of reporting.
Cryptocurrencies outside the top 10 are faring no better. NEAR Protocol leads intraday losses in that group, down about 12% today.
Wider Rankings
Beyond the top 20, the trend is similar: most tokens are down between 3% and 6%. Notable exceptions on the downside include Monero and Zcash, each sliding roughly 10% as privacy coins appear to be slowing.
Waves, which surged early in the conflict involving Ukraine, has clearly cooled off. It is down about 10% today and 28% over the past seven days, making it one of the biggest weekly losers.
Graph Token, which rose nearly 20% yesterday, also lost about 10% in the past 24 hours.
Among coins in the green, 0x posted the largest gain today, up roughly 11% after 0x Labs announced a $70 million Series B round led by Greylock to expand the Web3 exchange infrastructure.
ApeCoin gained about 4% today, bringing its weekly increase to approximately 19%. The token broke through a resistance pattern last week as whales accumulated, pushing it up around 32% at that time.
Kyber Network’s token, KNC, is roughly flat today but still shows an impressive week-to-date gain of about 28%.
Several factors support Kyber’s performance: the network has expanded to integrate with 10 blockchains, connected to Uniswap v3, and joined Avalanche’s new developer incentive programs.
Risers and Meme Momentum
Just as dogs can have standout days, so can cats. The biggest winner today is CATCOIN, which jumped more than 1,000% in the last 24 hours.
CATCOIN is a community-driven meme token built around a large, enthusiastic cat community and developed by an entity using the pseudonym Miaoshi Nekomoto.
The project is focused on practical tooling for its community and aims to make the crypto world more accessible to new investors through simple apps and user-friendly utilities.
Overall, the market is showing broad weakness with isolated pockets of strength—often driven by news, fundraising, or concentrated buying—so traders and investors should watch volatility and fundamentals closely.