Dogecoin, Pancake Swap, Terra Classic, Solana takes another dive

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Crypto price today December 12: Major coins in the crypto market have fallen in the last 24 hours, making it a dull day for investors. The market still seems bearish as coins fall every other day.

In the last 24 hours, Dogecoin has fallen by 8.96%. Pancake Swap fell by 1.95%. Terra Classic is down by 4.08%. Solana fell by 4.58%. Hooked Protocol is the biggest loser with a drop of 14.69%. Ark fell by 8.26%. Shiba Inu recorded a decrease of 4.32%. Chainlink fell by 4.60%.

With a decrease of 1.95%, the global crypto market capitalization is 840.55 billion USD. The volume of the global crypto market is 30.77 billion USD, which is an increase of 27.07%.

The highest price of cryptocurrency today

Dogecoin (DOGE) down 8.96%

Dogecoin saw a drastic drop of 8.96%. The market cap is currently $11.393 billion. Trading volume increased by 197.02%. Each Doge token costs $0.08819. Source: coinmarketcap

Pancake Swap (CAKE) fell 1.95%

Pancake Swap is down 1.95% and now has a market capitalization of $630.81M. Each CAKE token costs $3.92. Trading volume increased by 50.88%.

Source: coinmarketcap

Terra Classic (LUNC) fell by 4.08%

With a decline of 4.08%, Terra Classic’s market cap is $979.540 million. Trading volume increased by 7.05%. Terra Classic coin is selling for $0.0001637.

LUNCH Source: coinmarketcap

Solana (SOL) fell by 4.58%

A big drop of 4.58% lifts the Solana token to $12.99. Currently, the market capitalization is 4.578 billion USD. Trading volume increased by 66.90%.

SALT Source: coinmarketcap

Conclusion

While many analysts predicted that the market would; growing as we enter the second year, the charts currently show a different situation. The market still seems bearish due to the FTX fiasco.

Shourya is a crypto fanatic who has developed an interest in business journalism over the past few years. Currently working as a writer for Coingape, Shourya is also an avid reader. Apart from writing, you can find her attending poetry shows, exploring cafes and watching cricket. As he says, “dogs are my home”, the first rescue of a dog was at the age of 7! She constantly advocated for mental health and rainbow pride.

The content displayed may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or the publication bears no responsibility for your personal financial loss.