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BTC Trades in Range, XRP Surges 18%, HBAR Gains 58%, ONDO Up 36%

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Cryptocurrency Prices Today, December 3: The crypto market maintains a bullish stance as Bitcoin (BTC) consolidates within a range for the past 10 days, trading between $93,000 and $99,000. XRP is the top performer among the top 10 coins, gaining 18% in the last 24 hours. Meanwhile, Hedera (HBAR) and Ondo (ONDO) emerged as standout performers, with Hedera surging by an impressive 58% and Ondo increasing by 36% in the same period.

The 24-hour trading volume surged to $284 billion, marking a 65% increase, reflecting heightened activity. However, the global crypto market cap dipped slightly by 0.4% to $3.47 trillion from the previous day. Notably, November witnessed the biggest inflow in the crypto market, with approximately $1 trillion added during the month, highlighting growing investor confidence. Let’s delve deeper into the price movements and trends for top cryptocurrencies on December 3.

Cryptocurrency Prices Today: BTC Holds Steady, ETH & SOL Dip 2%, XRP Soars 18%

Bitcoin (BTC) continues its steady run, consolidating within a narrow range without significant movement. However, Ethereum (ETH) and Solana (SOL) experienced slight declines, dropping by 2% over the past 24 hours. XRP, on the other hand, extended its impressive rally, surging 18% and maintaining its position as one of the top-performing assets in the market.

Bitcoin Price Today

Bitcoin (BTC) price remains steady, trading within a defined range for an extended period. Currently priced at $96,000, BTC has recorded a 2% decrease in the last 24 hours. Its 24-hour low and high are $94,482 and $97,741, respectively. Bitcoin’s market cap is $1.9 trillion, supported by a trading volume of $72 billion and a market dominance of 54.65%.

As per sosovalue, BTC ETFs saw inflows of $15.33 million, highlighting continued investor interest. Data from BlackRock is still awaited, while Fidelity Investments recorded $25 million in inflows. Meanwhile, Grayscale faced significant outflows, totaling $28 million, reflecting some investor caution.

Additionally, the U.S. government has transferred another batch of Bitcoin valued at $1.9 billion. This movement comes as conversations about strategic crypto management continue to grow globally.

Ethereum Price Today

Ethereum (ETH) price is currently trading at $3,641, reflecting a 3% decrease over the past 24 hours. Its 24-hour low and high stand at $3,557 and $3,710, respectively. With a market cap of $438 billion and a trading volume of $46 billion, Ethereum remains the second-largest cryptocurrency by market capitalization. Its market dominance currently sits at 12.61%.

According to Sosovalue, ETH experienced outflows of $32 million on Monday, with $44 million outflows solely from Grayscale. Data from BlackRock remains pending, while Fidelity Investments reported an inflow of $19.9 million. Over the past two weeks, ETH has seen significant inflows, totaling $634 million, underscoring growing institutional interest.

XRP Price Today

XRP price is currently trading at $2.72, reflecting an impressive 18% surge in the last 24 hours. Its 24-hour low and high are $2.24 and $2.84, respectively, showing strong price fluctuations. XRP’s market cap has reached $155 billion, allowing it to surpass Solana and USDT, securing the 3rd position in the rankings.

The 24-hour trading volume for XRP stands at $46 billion, contributing to a market dominance of 4.47%. In a significant development, Ripple Labs Inc. has accelerated testing of its stablecoin, RLUSD. Ripple has also minted nearly 10 million RLUSD tokens, with potential approval from New York regulators on the horizon.

Solana Price Today

Solana (SOL) price is trading at $227, marking a 3% drop in the last 24 hours. The cryptocurrency has slipped to the 5th position by market capitalization, reflecting slight pressure in the market. Its 24-hour low and high are $220 and $230, respectively.

With a market cap of $108 billion, Solana maintains a strong presence despite recent declines. Its 24-hour trading volume stands at $7 billion, highlighting continued investor activity. Notably, Coinbase announced the addition of Solana-based meme coin Moo Deng to its roadmap for listing, leading to a significant price surge following the news.

Meme Cryptocurrency Prices Today

Meme coins are lagging in the market today, with the top meme coins, Dogecoin and Shiba Inu, seeing declines of 6 to 7% in the last 24 hours. Cryptocurrency prices today show Dogecoin (DOGE) trading at $0.42, with a 24-hour low of $0.40 and a high of $0.45. Shiba Inu (SHIB) is priced at $0.0000294, reflecting a modest drop.

Other notable meme coins such as PEPE, BONK, and WIF are also experiencing losses, with declines ranging from 6 to 8%. This trend highlights the overall downward movement in the meme coin sector amid the broader market conditions.

Top Cryptocurrency Gainer Prices Today

Hedera

Hedera (HBAR) has emerged as the top gainer again, with a remarkable 58% increase in the last 24 hours. Cryptocurrency prices today show HBAR currently trading at $0.377, with a 24-hour low of $0.2325 and a high of $0.3851. This surge has attracted significant attention, positioning Hedera as one of the standout performers in today’s market.

Ondo

ONDO price is currently trading at $1.73, reflecting a 36% increase in the last 24 hours. Its 24-hour low and high are $1.154 and $1.784, respectively. With a market cap of $2.39 billion and a 24-hour trading volume of $693 million, ONDO has experienced significant upward movement, attracting investor attention.

Top Cryptocurrency Loser Prices Today

Raydium

Raydium (RAY) price is currently trading at $4.87, reflecting an 8% decrease in the last 24 hours. Cryptocurrency prices today show its 24-hour low and high are $4.76 and $5.17, respectively. With a market cap of $1.42 billion and a 24-hour trading volume of $116 million, Raydium is experiencing some downward pressure in the market.

Kaspa

Kaspa (KAS) price is currently trading at $0.1565, reflecting a 7% drop in the last 24 hours. Its 24-hour low and high are $0.1533 and $0.1641, respectively. With a market cap of $3.96 billion and a trading volume of $280 million, Kaspa is experiencing a slight pullback in the market.

The cryptocurrency prices today show a positive trend on the hourly chart, with major coins in the green, reflecting some gains in the last hour. This bullish momentum in the broader market could indicate potential recovery or consolidation for top coins.

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Binance Reveals Vital Update On NOT, RDNT & These Crypto, Brace For Impact

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4 hours ago

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December 4, 2024

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Leading crypto exchange Binance issued a crucial update on crypto Notcoin (NOT), Radiant Capital (RDNT), KAIA, and Aerodrome Finance (AERO) on Wednesday. Notably, the digital asset trading platform revealed that it is delisting certain pairs for two of the mentioned assets while expanding support for the other two. In turn, crypto market participants are speculating over the future price actions of these four coins amid a broader bull market.

Binance Issues Updates on NOT, RDNT, KAIA, and AERO

In an official Binance announcement dated December 4, the crypto exchange giant revealed that it is delisting NOT/BNB and RDNT/BTC on December 6 at 03:00 UTC. This decision by the exchange comes primarily to “protect users and maintain a high-quality trading market.” Further, the announcement revealed that Spot Trading Bots services for the abovementioned pairs are also to be discontinued on the same date and time. Overall, the delisting chronicle has raised severe concerns among investors, reducing the assets’ market visibility.

Simultaneously, in another announcement, the crypto exchange behemoth revealed that it is expanding trade offerings for KAIA and AERO tokens. The exchange is launching KAIAUSDT and AEROUSDT perpetual contracts on December 4 at 14:00 and 14:15 UTC, respectively. Users remain primed to enjoy 75x leverage trading these tokens. Overall, these enhanced trade offerings spark investor optimism, providing the assets with enhanced market visibility.

The leading cryptocurrency exchange‘s announcements on all four assets have set off mixed investor sentiments regarding prices. While the enhanced offering paves the path for further gains, the discontinuation of support has raised bearish sentiments.

How Are The Coins Delivering?

Despite Binance’s delisting announcement, RDNT price was up 13% and is sitting at $0.105. Its 24-hour low and high were $0.08658 and $0.1059, respectively. Even NOT price gained 7% to $0.009623. Its 24-hour low and high were $0.008376 and $0.009651, respectively. These tokens have defied usual market sentiments, although market watchers continue to monitor them.

Besides, KAIA price soared 2% intraday to reach $0.3573. Its 24-hour low and high were $0.2692 and $0.3754, respectively. AERO price witnessed gains worth 16% in the past 24 hours and is currently trading at $1.92. Its intraday low and high were $1.57 and $1.85, respectively.

Altogether, the rising actions could be the effect of a broader Q4 bull market. Nevertheless, market watchers continue to keep these coins on the radar for further shifts.

Also, it’s noteworthy that Binance announced delisting BAND, GTC, AVA, and other tokens in BTC pairs in another similar chronicle. The crypto exchange’s announcements appear to have a highly influential stance and remain much-eyed in the industry,

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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PancakeSwap Unveils SpringBoard Token Launch Solution for BNB Chain

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6 hours ago

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December 4, 2024

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Leading DeFi platform PancakeSwap on Wednesday marked a monumental stride, introducing a new token launch portal for BNB Chain, SpringBoard. This new platform is much-touted to be similar to Solana’s token launch platform Pumpfun.

PancakeSwap Launches SpringBoard Aiding Projects On BNB Chain

In an official announcement by PancakeSwap on December 4, the DeFi entity revealed that it is introducing an all-in-one platform to create and launch tokens on BNB Chain. This platform is called SpringBoard.

Notably, the newly launched portal is set to cause a stir in the market, offering revolutionary features. First off, no coding is required to create tokens on PancakSwap’s new portal. “Once you’ve configured your project’s name, ticker, and basic settings, your token will be live and ready for trading in minutes,” the announcement stated.

Further, the new portal also offers users low-cost and fair launch opportunities. This includes zero launch fee, transparent trading fees, and minimal seeding fee required for a token launch. Also, token launchers can choose multiple token pairings, ranging from BNB, USDT, and CAKE on this new portal. Additionally, another feature of the portal, the Farm Program, aims to offer projects increased liquidity with CAKE.

PancakeSwap’s announcement also offered a step-by-step guide for those looking to utilize the new platform for token launches. Further, in light of the new platform’s launch, CAKE price soared roughly 30% to $4.12. On the other hand, Solana’s Pumpfun has also garnered noteworthy attention amid this bull cycle.

Solana’s Pumpfun Gains Traction

CoinGape reported that Pumpfun achieved record-breaking monthly revenue in November, marking a 207% increase from October. This monumental stride comes against the backdrop of initial token launches such as WIF and POPCAT, followed by CHILLGUY, PNUT, MOODENG, and many others.

Simultaneously, the Solana-based token launch platform has also recently encountered significant backlash over its live-streaming feature. In the wake of this backlash, Pumpfun also suspended the live-streaming service the previous month. These chronicles have garnered significant attention to the Solana token launch platform. Meanwhile, PancakeSwap’s SpringBoard further remains poised to rival Pumpfun.

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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RON Bullish As Ronin Network Transactions Surge 33%: Nansen

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7 hours ago

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December 4, 2024

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Ronin Network (RON) saw a 33.18% jump in transactions in the past 24 hours, reported on-chain analytics platform Nansen. The total transaction count reached 2.55 million, a clear sign of increased user engagement. This surge raises questions about the network’s future potential and whether it could trigger a price rally. As momentum builds, attention turns to its’s continued growth in the blockchain space.

Ronin Network Sees 2.55 Million Transactions and $1.2 Billion TVL

Nansen has reported a significant 33.18% surge in transactions on the Ronin Network over the past 24 hours, with a total of 2.55 million transactions processed. This surge indicates heightened activity within the ecosystem, pointing to increased engagement and possible future growth.

This uptick in transactions comes as RON solidifies its position in the blockchain space, especially with its strong association with the popular game Axie Infinity. Currently, Ronin has 1.22 million daily active addresses and a Total Value Locked (TVL) of $1.2 billion. Despite supporting only 15 games, Ronin’s low fees and scalability have made it a preferred blockchain for gaming and decentralized finance (DeFi) projects, driving continued adoption.

Looking ahead, Ronin Network is preparing for a major transition to a permissionless blockchain in Q1 2025, which is expected to further broaden its ecosystem. As these developments unfold, the recent surge in transactions could indicate that the network is gearing up for more significant growth, potentially resulting in an upward price movement for RON, its native token.

Price Movement Shows Bullish Momentum

Ronin Network (RON) price was trading at $2.36, reflecting a 8% increase in the past hour. Over the last 24 hours, its price fluctuated between $2.049 and $2.36, showing solid price action. The token has seen impressive growth, with a 35% increase in value over the past week and a remarkable 80% gain in the last month. Coinglass data indicate a significant increase in derivatives trading activity.

With a market capitalization of $824 million and a 24-hour trading volume of $56 million, RON has garnered significant attention in the market. The token’s recent performance, along with the surge in network transactions, suggests a growing bullish sentiment around the Ronin ecosystem. If the current momentum continues, RON price could see further upward movement, potentially benefiting from the expanding user base and upcoming network developments.

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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