The crypto market is bearish today as a whole. Jamaica plans to roll out its digital currency in the coming months and its Prime Minister expects that within five years, 70% of the population will be using it.
Retail giant Walmart plans to launch its own cryptocurrency and recently filed several trademark applications outlining its plans.
US stocks remain underwater after a rocky start to 2022, with the SPX500 losing 0.3% and the DJ30 slipping 0.88% last week.
Real estate was the worst performing US sector last week, with American Tower Corporation and Crown Castle International both falling more than 5%.
Top Cryptos
Cardano was the only top 10 crypto in the green in the past 24 hours, gaining more than 10% and 30% over the past week.
On the losing side, Polkadot fell more than 4.5% and Solana about 3%. Bitcoin was trading just under $43,000 at the time of writing.
Top Movers
Monero emerged as a clear winner today with gains of just over 6%. THORChain is up almost 7%. Oasis Network continues its impressive rise. Its native token ROSE has added 7% to its value in the past 24 hours.
OKB, a cryptocurrency released by the OK Blockchain Foundation and Maltese crypto exchange, OKEx, is also up 7% today. The same goes for Kava, a cross-chain DeFi lending platform that allows users to borrow USDX stablecoins and deposit a variety of cryptocurrencies to start earning a return.
At the other end is Loopring with a 6% loss and Kadena, which is down 8%. Ravencoin, which was gaining alongside Loopring and Kadena last week, is also reversing the gains with a 6% drop in the past 24 hours.
Tendency
The live ask price today is $0.355 with a 24-hour trading volume of $86.6 million. The token has gained 24% in the past 24 hours.
LooksRare is a community-driven NFT marketplace that actively rewards merchants and creators for their participation. It is also trending with 16% gains today.
The biggest winner is the token from Avaxtars, an idle browser game running on the Avalanche Blockchain with the Play to Earn model. Avaxtars Token has grown by 236% in the past 24 hours, in part due to the announcement of a new partnership with Kaira Network.