On Friday, most cryptocurrencies extended their losses. The global crypto market cap was $1.03 trillion, with $55.1 billion in volume in the previous 24 hours.

Bitcoin
Bitcoin, the world’s largest and most popular virtual currency, dropped 1.7 percent to $22,760.1. Its market capitalization was $438.2 billion. The total value of trade was $26.3 billion. In the last seven days, the token has increased by more than 7%.

Ethererum
The second largest virtual currency, fell 2.9 percent to $1,567.1, with a market capitalisation of $191.9 billion. In the last 24 hours, Ethereum’s trade volume was $8.6 billion. In the last seven days, the token has gained 0.9 percent.

Dogecoin
Dogecoin, a meme-based virtual currency, fell 2.5 percent on Friday. Its market capitalization was $11.2 billion. The total trade volume was $447.9 million.

Solana
Solana fell 4.3 percent to $23.7, with a $8.8 billion market capitalisation. Solana’s trade volume in the last 24 hours was $809.3 million.

Shiba Inu
Shiba Inu fell 2.3 percent to $6.3 billion in market capitalisation. In the last 24 hours, the trade volume was $229.5 million.

Polygon
Polygon increased by 8.1 percent to $1.1 and now has a market capitalisation of $9.4 billion. In the last 24 hours, the trade volume was $1.1 billion.

 

Bitcoin price rose today, with the world’s largest and most popular cryptocurrency trading about 3% higher at $23,202. According to CoinGecko data, the global crypto market cap has increased by more than 3% in the last 24 hours to $1.09 trillion.

However, Ether, the second largest cryptocurrency and the coin linked to the Ethereum blockchain, increased by more than 5% to $1,623. Meanwhile, the price of dogecoin today was over 4% higher at $0.08, while Shiba Inu was up over 6% at $0.000011.

Tether, Stellar, XRP, Polkadot, Chainlink, XRP, Solana, Avalance, Polygon, Apecoin, Tron, Solana, Litecoin, and Uniswap prices have all improved in the last 24 hours, as have Tether, Stellar, XRP, Polkadot, Chainlink, XRP, Solana, Litecoin, and Uniswap.

The crypto sector is also still dealing with the fallout from the FTX exchange’s demise. Bitcoin and a gauge of the top 100 tokens both lost more than 60% of their value last year, dragged down by rising borrowing costs and a string of crypto meltdowns. According to CoinGecko data, the overall market value of digital tokens increased by about $250 billion in January.

Many investments soared at the start of 2023 on bets that central banks will slow or even reverse interest-rate hikes in the months ahead. However, the upbeat outlook is vulnerable to reversals, such as if the Federal Reserve, at its policy meeting next week, pushes back against dovish expectations in the ongoing battle against inflation.

In other news, Bloomberg reported that Celsius Network LLC is considering issuing a new digital-asset token to repay creditors as part of a proposal to reorganise and exit bankruptcy as a regulated crypto platform.

Bitcoin and Ether fell in early Wednesday morning Asian trading, along with the other top ten non-stablecoin cryptocurrencies, as investors appeared to be taking profits after the year’s strong gains. Polkadot suffered the greatest loss. US equities were mixed on Tuesday as a result of Microsoft’s lower earnings guidance and the release of the US purchasing managers index, or PMI. The index, which measures business trends, was 46.6. While this exceeded expectations, a number less than 50 indicates that the economy is contracting.

Important Facts

Bitcoin traded 1.3% lower in the 24 hours to 8:45 a.m. in Hong Kong, at US$22,688, but was still up 6.8% in the previous calendar week. According to CoinMarketCap data, ether fell 4.6% to $1,555, losing 1.2% for the week.

Polkadot dropped 6.7% to US$6.15, the biggest drop on the top ten list. The token is still up 2.8% year to date.

Solana fell 5.7% to US$22.92, bringing the weekly loss to 0.2%. Cardano fell 5.7% to US$0.35, but was still up 2.1% for the week.

Over the last 24 hours, total crypto market capitalization fell 2.2% to US$1.03 trillion, while trading volume fell 6.4% to US$52.7 billion.

The Dow Jones Industrial Average rose 0.3% in the United States, while the S&P 500 Index fell 0.1%. The tech-heavy Nasdaq Composite Index fell 0.3% on the day.

Microsoft Corp reported better-than-expected earnings for the December quarter, but the stock fell 1.4% to $238.75 after the company’s earnings guidance for the next quarter disappointed investors.

The composite Purchasing Manager’s Index (PMI) for January, released on Tuesday, showed a contraction in private sector demand, with firms citing subdued customer demand and inflation denting client spending.

To try to slow inflation, the Federal Reserve of the United States raised interest rates by 50 basis points last month, to between 4.25% and 4.5%, the highest level in 15 years. Fed members will be in a “blackout period” before meeting to decide on the next interest rate move on January 31-February 1. CME Group analysts predict a 99.8% chance of a 25 basis point increase.

On Monday, cryptocurrency prices were mixed. The global crypto market cap was $1.04 trillion, with $51.84 billion in volume in the previous 24 hours.

Bitcoin
Bitcoin, the world’s largest and most popular virtual currency, dropped 0.2 percent to $22,747.6. Its market capitalization was $438.2 billion. The total value of trade was $24.2 billion. In the last seven days, the token has risen 7.4 percent.

“Bitcoin climbed above the $22,900 level over the weekend, the highest in the past five months, as bullish sentiment returned to the market. The current support level is $22,700, and the resistance level is $22,900.

Ethererum
The second largest virtual currency, rose nearly 1.5 percent to nearly $1,640, with a market capitalisation of $200.6 billion. In the last 24 hours, Ethereum’s trade volume was $7.3 billion. In one week, the token has increased by 4.6 percent.

Dogecoin
Dogecoin, a meme-based virtual currency, increased by 7.3 percent on Monday. Its market capitalization was $12 billion. The total trade volume was $841.9 million.

Solana
With a market capitalisation of $9.2 billion, Solana fell 0.5 percent to $24.8. Solana’s trade volume in the last 24 hours was $1 billion.

Shiba Inu
Shiba Inu market capitalisation fell 1.5 percent to $6.7 billion. In the last 24 hours, the trade volume was $389.5 million.

Polygon
Polygon fell 1% to $0.9, with a $8 billion market capitalisation. In the last 24 hours, the trade volume was $389.5 billion.

As a result, astute investors are always on the lookout for good projects that are conducting presales. This enables them to invest in promising crypto projects at lower costs and profit handsomely if and when the token rallies upon launch. With this in mind, we’ve compiled a list of the best presales to look out for this month.
 
When the project is finally launched and its token is listed on exchanges, the price of the token could skyrocket, resulting in massive gains for presale investors. As a result, astute investors are always on the lookout for good projects that are conducting presales. This enables them to invest in promising crypto projects at lower costs and profit handsomely if and when the token rallies upon launch.
 
With this in mind, we’ve compiled a list of the best presales to look out for this month.

Metacade

Metacade is the world’s first community-run blockchain-based play-to-earn (P2E) arcade. It is based on the Ethereum network and promises to provide players and crypto enthusiasts with a fun and fulfilling gaming experience. CertiK has verified the project, and it has a solid growth roadmap; these are good indicators of future potential.
 
As a result, the project’s cryptocurrency sale has drawn thousands of investors. Indeed, the first stage of Metacade’s presale sold out in a matter of weeks. The project was able to raise nearly $2.85 million in the process, with one MCADE (the project’s native cryptocurrency) selling for $0.01. The second stage of Metacade’s presale is currently underway, with MCADE priced at $0.012. The project has already raised $3 million of its $4.5 million goal, and the presale could sell out quickly.

FightOut

This is yet another enthralling presale that has the cryptoverse buzzing. FightOut is a project that rewards users for their workouts, daily steps, and other similar activities. The project also intends to build a chain of gyms in major cities around the world. Users can pay for their membership with tokens earned while playing the game. Furthermore, unlike most other M2E games, the platform does not have a high initial investment. This eliminates the entry barrier that most NFT-based move-to-earn games have.
 
The first presale stage of the project went live in mid-December and sold out in less than a week, raising $2.5 million. The 50 percent bonus offer could be the reason for the project’s success. Users who participate in the presale while this offer is still active will receive free tokens worth up to 25% of their purchase price. If the user chooses a vesting period of 24 months, they will receive free tokens worth up to 25% of the purchase price. The project is nearing the end of its presale, having raised $3 million of its $5 million goal. The presale will end on March 31.

Calvaria

This is yet another P2E project causing a stir in the cryptoverse. Calvaria is an NFT card game in which players battle other players, earn cryptocurrency, and upgrade their warriors to become the ultimate force on the battlefield. Some of the industry’s biggest names have backed the project, including KuCoin and Polygon Studios. According to multiple sources, Calvaria has already secured listings on Changelly and BKEX, as well as a wallet integration agreement with KuCoin.
 
As a result, its presale is heating up. Within weeks of the presale going live, the project was able to raise $2 million. The project had raised $2.86 million of its $3.07 million target at the time of writing, leaving only a few tokens for sale. Because it is listed on so many reputable crypto exchanges, prices may rise once the presale ends.

RobotEra

RobotEra is a platform that spans multiple universes. Users will dress up as robot avatars and scour the virtual world for resources, manage land patches, and contribute to the creation of the robot era. The project is based on established metaverse platforms such as Sandbox and Decentraland, which have performed exceptionally well since the beginning of the year. The game also has a variety of activities that users can participate in to earn cryptocurrency and upgrade their bots.
 
The project’s first presale round went live in November 2022, raising $733,613 of its $1.8 million target. TARO, the project’s native token, was priced at $0.20 during this presale round. However, in the second round of presale, the price of TARO will be increased to $0.25.

Meta Masters Guild

This is possibly the most promising presale of the bunch. Meta Masters Guild bills itself as the first web3 mobile gaming guild in the world. The platform’s website states that its goal is to “create fun and addictive games with playable NFTs, where our community can earn rewards, stake, and trade.” The platform is already developing three games, one of which is scheduled for release later this year.
 
The presale for the project was a huge success, raising $50,000 in the first 24 hours and $516,000 in the first week. MEMAG, the platform’s native cryptocurrency, is priced at $0.007 during its first presale round. MEMAG, on the other hand, will be priced at $0.023 by the project’s seventh presale round, representing a 228 percent gain in the presale alone. At the time of writing, round one of the presale had raised $ 704,139 of its $1.12 million target, with the round set to end on January 29.

Conclusion

Crypto presales are an excellent way to invest in a project early on. They can also provide significant gains if the project takes off after it is listed. However, not all projects are guaranteed to succeed right away, and some may even fail. As a result, it is critical to conduct your own research and invest only what you can afford to lose.
On Wednesday, cryptocurrencies increased in value. The market capitalization of all cryptocurrencies was $993.2 billion, with a volume of $47.1 billion over the previous day.
 
Bitcoin
The biggest and most well-known virtual currency in the world, Bitcoin, increased 1.1 percent to $21,322.1. At the time, it had a $409 billion market value. There were around $24 billion worth of transactions.
 
Ethereum
The second-largest virtual currency, Ether, which has a market worth of $193 billion, rose 1.6 percent to $1,587.2 at the most recent count. In the previous day, Ethereum trades were worth roughly $7.1 billion.
 
Dogecoin
Dogecoin, a virtual currency based on memes, increased by 5.7 percent to $0.1. The market price for it was $8.8 billion. There were over $397.3 million worth of transactions.
 
Shiba Inu
Shiba Inu saw a 22.2 percent increase in market value, reaching about $6.9 billion. In the previous 24 hours, there were roughly $540.2 million in trades.
 
Solana
Solana decreased 0.3 percent to $23.1 and now has a $8.6 billion market cap. In the previous 24 hours, Solana saw $922.2 million in trading.
 
Polygon
Polygon has a market capitalization of $8.8 billion and was trading flat at $1. In the previous 24 hours, there were $396.4 million in transactions.
On Tuesday, the majority of cryptocurrencies fell. The global crypto market cap was $982.1 billion, with $52.7 billion in volume in the previous 24 hours.
 
Bitcoin
Bitcoin, the world’s largest and most popular virtual currency, dropped 0.6 percent to $21,084.7. Its market capitalization was $404.7 billion. The total value of trade was nearly $26 billion.
 
Ethereum
The second largest virtual currency, fell 0.9 percent to $1,559.5, with a market capitalisation of $190.3 billion. In the last 24 hours, Ethereum’s trade volume was $8.4 billion.
 
Dogecoin
Dogecoin, a meme-based virtual currency, fell 4.3 percent on Tuesday. Its market value was close to $11 billion. The total trade volume was $505.1 million.
 
Solana
Solana fell 1.5 percent to $23.2, with a $8.6 billion market capitalisation. Solana’s trade volume in the last 24 hours was $1.5 billion.
 
Shiba Inu
Shiba Inu market capitalisation fell nearly 3% to $5.8 billion. In the last 24 hours, the trade volume was $340.5 million.
 
Polygon
Polygon fell 1.3 percent to $1, with a $8.8 billion market capitalisation. In the last 24 hours, the trade volume was $640.4 billion.
Quick analysis of the cryptocurrency price on January 16: Over the weekend, the global market capitalization surpassed $1 trillion, but then fell back.
 
Bitcoin (BTC), the world’s oldest cryptocurrency, has surpassed the $21,000 mark for the first time since the FTX collapse in November of last year. Ethereum (ETH) followed suit, remaining in the $1,500 range on Monday morning. Over the weekend, the global crypto market cap surpassed $1 trillion for the first time since November, but has since fallen back to the $990 billion range as the week begins. Other popular altcoins, such as Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC), also made it into the greens.
 
At the time of writing, the global crypto market cap was $991.30 billion, representing a 1.89 percent 24-hour gain.
 
Bitcoin price today
According to CoinMarketCap, the price of bitcoin was $21,200.62, representing a 1.79 percent gain in a 24-hour period. BTC was trading at Rs 17.80 lakhs on the Indian exchange WazirX.
 
Ethereum price today
At the time of writing, the price of ETH was $1,570.03, representing a 2.81 percent 24-hour gain. According to WazirX, the current price of Ethereum in India is Rs 1.32 lakhs.
 
Dogecoin price today
DOGE gained 2.09 percent in a 24-hour period, according to CoinMarketCap data, and is now worth $0.08678. According to WazirX, the Dogecoin price in India is Rs 7.26.
 
Litecoin price today
Litecoin gained 0.76 percent in a 24-hour period. It was trading at $87.68 at the time of writing. In India, the price of LTC was Rs 7,394.99.
 
Ripple price today
The price of XRP was $0.4047, up 3.73 percent in 24 hours. Ripple’s current price is Rs 33.70, according to WazirX.
 
Solana price today
Solana was trading at $23.28, up 1.08 percent in 24 hours. According to WazirX, the SOL price in India was Rs 1,990.
On Thursday, cryptocurrency price rose. The global crypto market cap was $889.5 billion, with nearly $43 billion in volume in the previous 24 hours.
 
Bitcoin
Bitcoin, the world’s largest and most popular virtual currency, gained 4.8 percent to $18,242. Its market capitalization was $351.4 billion. The total value of trade was $21.1 billion.
 
“Since the beginning of the year, BTC has been trending upward. It has risen by 0.86 percent in the last 24 hours, reaching around $17,500 for the first time since December 16th “Mudrex CEO and Co-Founder Edul Patel stated.
 
Ethereum
The second largest virtual currency, rose 4.9 percent to $1,403.9, with a market capitalisation of $171.6 billion. In the last 24 hours, the trade volume of Ethereum was nearly $7.7 billion.
 
Dogecoin
Dogecoin, a meme-based virtual currency, increased by 3.4 percent on Thursday. Its market value was nearly $10.5 billion. The total trade volume was $431.2 million.
 
Solana
Solana gained 2.6 percent to $16.5, valuing the company at $6.1 billion. Solana’s trade volume in the last 24 hours was $716.4 million.
 
Shiba Inu
Shiba Inu market capitalisation increased by 3.6 percent to $5.2 billion. In the last 24 hours, the trade volume was $298.6 million.
 
Polygon
Polygon gained 4.6 percent to $0.9, valuing the company at $7.8 billion. In the last 24 hours, the trade volume was $353.3 million.

On Wednesday, the majority of cryptocurrencies gained. The global crypto market cap was $857.8 billion, with nearly $35 billion in volume in the previous 24 hours.

Bitcoin
Bitcoin, the world’s largest and most popular virtual currency, gained 1.5 percent to $17,457.2. Its market capitalization was $336.3 billion. The total value of trade was $15.9 billion.

“This bitcoin surge could be attributed to the accumulation of whales over the last two days. If bitcoin continues to rise, it could reach the $17,500 resistance level by the end of the week “Mudrex CEO and Co-Founder Edul Patel stated.

Ethereum
Ethererum the second largest virtual currency, rose nearly 1% to $1,337.4 with a market capitalisation of $163.7 billion. In the last 24 hours, Ethereum’s trade volume was $5.8 billion.

Patel stated about Ethereum, “Following the successful implementation of the Merge, Ethereum is preparing to launch its Shanghai public testnet in February. This should improve the Ethereum network’s ability to handle high-volume transactions while also lowering costs.”

Dogecoin
A meme-based virtual currency, rose 0.9 percent on Wednesday. Its market capitalization was $10.3 billion. The total trade volume was $483.5 million.

Shiba Inu
Shiba Inu market capitalisation increased by 4% to $5 billion. In the last 24 hours, the trade volume was $420.2 million.

Solana
Solana dropped nearly 1% to $16, with a market cap of $6 billion. Solana’s trade volume in the last 24 hours was $819 million.

Polygon
Polygon’s market capitalisation increased by 1.1 percent to $7.5 billion. In the last 24 hours, the trade volume was $245.7 million.

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