Litecoin

Open Campus

DAO Maker

Conflux

<p>The cryptocurrency market saw net outflows of $17.6 billion over the last 24 hours and currently stands at $1.13 trillion — down 1.5% from $1.14 trillion.</p>
<p>During the reporting period, the Bitcoin (<a href="http://www.cryptoslate.com/coins/bitcoin">BTC</a>) and Ethereum (<a href="http://www.cryptoslate.com/coins/ethereum">ETH</a>) market caps fell 1.4% and 1% to $523.55 billion and $218.09 billion, respectively.</p>
<p>Most of the top 10 crypto assets posted losses over the last 24 hours except TRON, up 0.3%, and Litecoin, gaining 2.1% to re-enter the top 10, ousting Polkadot. The biggest losers were Solana and Polygon, down 2.4% and 1.9%, respectively.</p>
<figure id="attachment_325471" aria-describedby="caption-attachment-325471" style="width: 1024px" class="wp-caption aligncenter"><img class="wp-image-325471 size-large" src="https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-5-1024x640.jpg" alt="Top 10 cryptocurrencies" width="1024" height="640" srcset="https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-5-1024x640.jpg 1024w, https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-5-300x188.jpg 300w, https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-5-768x480.jpg 768w, https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-5.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption id="caption-attachment-325471" class="wp-caption-text">Source: CryptoSlate.com</figcaption></figure>
<p>The market cap of Tether (USDT) grew to $82.84 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $29.80 billion and $5.56 billion, respectively.</p>
<h2 id="bitcoin">Bitcoin</h2>
<p>In the last 24 hours, Bitcoin fell 1.4% to trade at $27,018 as of 07:00 ET. Its market dominance stayed flat at 46.5%.</p>
<p>During the reporting period, BTC hit a peak price of $27,660 before trending down to find support at $26,860 by Monday evening (ET). A muted recovery topped at $27,250, leading to a further spill.</p>
<figure id="attachment_325475" aria-describedby="caption-attachment-325475" style="width: 1024px" class="wp-caption aligncenter"><img class="wp-image-325475 size-large" src="https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-16_19-00-35-1024x607.png" alt="Bitcoin chart" width="1024" height="607" srcset="https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-16_19-00-35-1024x607.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-16_19-00-35-300x178.png 300w, https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-16_19-00-35-768x455.png 768w, https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-16_19-00-35.png 1477w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption id="caption-attachment-325475" class="wp-caption-text">Source: TradingView.com</figcaption></figure>
<h2 id="ethereum">Ethereum</h2>
<p>In the last 24 hours, Ethereum decreased 1% to trade at $1,812 as of 07:00 ET. Its market dominance fell to 19.4% from 19.7%.</p>
<p>Over the reporting period, ETH&#8217;s price followed BTC, reaching a $1,846 top shortly after midday Monday (ET) before bears dipped as low as $1,796. The subsequent recovery lost steam at $1,828, leading to further selling.</p>
<figure id="attachment_325477" aria-describedby="caption-attachment-325477" style="width: 1024px" class="wp-caption aligncenter"><img class="wp-image-325477 size-large" src="https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-16_19-00-19-1024x607.png" alt="Ethereum chart" width="1024" height="607" srcset="https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-16_19-00-19-1024x607.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-16_19-00-19-300x178.png 300w, https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-16_19-00-19-768x455.png 768w, https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-16_19-00-19.png 1477w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption id="caption-attachment-325477" class="wp-caption-text">Source: TradingView.com</figcaption></figure>
<h2 id="top-5-gainers">Top 5 Gainers</h2>
<h3 id="a-href-https-cryptoslate-com-coins-mil-k-alliance-mil-k-a"><a href="https://cryptoslate.com/coins/mil-k-alliance/">MiL.k</a></h3>
<p>MLK is the day&#8217;s biggest gainer, growing 14.4% over the last 24 hours to $<span class="holepunch holepunch-coin_price_usd">0.38392</span> <span class="holepunch holepunch-coin_price_usd">as of press time. The project has yet to tweet since April 18. Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">108.66</span> million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-dao-maker-dao-maker-a"><a href="https://cryptoslate.com/coins/dao-maker/">DAO Maker</a></h3>
<p>DAO jumped 11.9% to $<span class="holepunch holepunch-coin_price_usd">1.57356</span> over the last 24 hours<span class="holepunch holepunch-coin_price_usd">. The project recently unveiled Tenet &#8211; an upcoming layer 1 chain. Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">226.5</span> million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-hex-hex-a"><a href="https://cryptoslate.com/coins/hex/">HEX</a></h3>
<p>HEX grew 9.7% over the last 24 hours to $<span class="holepunch holepunch-coin_price_usd">0.03487</span> as of press time. The PulseChain mainnet launched on May 13. The current activity is focused on bridging assets to the new chain. Its market cap stood at $6.05 billion.</p>
<h3 id="a-href-https-cryptoslate-com-coins-conflux-network-conflux-network-a"><a href="https://cryptoslate.com/coins/conflux-network/">Conflux Network</a></h3>
<p>CFX rose 9% to $<span class="holepunch holepunch-coin_price_usd">0.31291</span> as of press time. The token was a top gainer yesterday off recent interest in Conflux incubated project &#8211; Flux Fire. It was announced today that Mold Finance would migrate to the Conflux ecosystem. Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">900.91</span> million.</p>
<h3 id="a-href-https-cryptoslate-com-coins-ontology-ontology-a"><a href="https://cryptoslate.com/coins/ontology/">Ontology</a></h3>
<p>ONT gained 7.7% to trade at $<span class="holepunch holepunch-coin_price_usd">0.21919</span> at<span class="holepunch holepunch-coin_price_usd"> the time of writing. Node API firm GetBlock has partnered with Ontology. Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">191.84</span> million.</span></p>
<h2 id="top-5-losers">Top 5 Losers</h2>
<h3 id="a-href-https-cryptoslate-com-coins-open-campus-open-campus-a"><a href="https://cryptoslate.com/coins/open-campus/">Open Campus</a></h3>
<p>EDU is the day&#8217;s biggest loser falling 10.1% to <span class="tw-text-gray-900 dark:tw-text-white tw-text-3xl"><span class="no-wrap" data-price-btc="6.255440179158485e-11" data-coin-id="29850" data-coin-symbol="pepe" data-target="price.price" data-price-previous="0.000001713997552628024">$<span class="holepunch holepunch-coin_price_usd">1.18428</span></span></span> <span class="holepunch holepunch-coin_price_usd">at the time of writing. The project announced a $10 million global educators fund for content creation grants. The token was yesterday&#8217;s top gainer. Its </span><span class="holepunch holepunch-coin_price_usd">market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">171.86</span> million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-telcoin-telcoin-a"><a href="https://cryptoslate.com/coins/telcoin/">Telcoin</a></h3>
<p>TEL dropped 9% to trade at $<span class="holepunch holepunch-coin_price_usd">0.00172</span><span class="holepunch holepunch-coin_price_usd">. The mobile payment platform said USDC deposits and EUR withdrawals are now available. I</span><span class="holepunch holepunch-coin_price_usd">ts market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">115.41</span> million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-origintrail-origintrail-a"><a href="https://cryptoslate.com/coins/origintrail/">OriginTrail</a></h3>
<p>TRAC plunged 8.4% to trade at $<span class="holepunch holepunch-coin_price_usd">0.26243</span> <span class="holepunch holepunch-coin_price_usd">as </span><span class="holepunch holepunch-coin_price_usd">of press time</span><span class="tw-text-gray-900 dark:tw-text-white tw-text-3xl"><span class="no-wrap" data-price-btc="0.0000000000160760720046888" data-coin-id="17388" data-coin-symbol="brise" data-target="price.price" data-price-previous="4.395526198711534e-7">. The team hosted a special tech AMA on May 15. </span></span><span class="holepunch holepunch-coin_price_usd">Its m</span><span class="holepunch holepunch-coin_price_usd">arket cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">103.29</span> million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-xinfin-xinfin-a"><a href="https://cryptoslate.com/coins/xinfin/">XinFin</a></h3>
<p>XDC lost 6.9% to $<span class="holepunch holepunch-coin_price_usd">0.03138</span> <span class="holepunch holepunch-coin_price_usd">over the reporting period. I</span>ts market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">434.19</span> million.</p>
<h3 id="a-href-https-cryptoslate-com-coins-uma-uma-a"><a href="https://cryptoslate.com/coins/uma/">UMA</a></h3>
<p>UMA fell 6.5% to $<span class="holepunch holepunch-coin_price_usd">2.20875</span> <span class="holepunch holepunch-coin_price_usd">over the reporting period. UMA&#8217;s optimistic oracle was deployed on Coinbase&#8217;s layer 2 project Base. I</span>ts market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">157.49</span> million.</p>
<p>The post <a rel="nofollow" href="https://cryptoslate.com/cryptoslate-wmarket-update-litecoin-re-enters-top-10-amid-wider-market-weakness/">CryptoSlate wMarket Update: Litecoin re-enters top 10 amid wider market weakness</a> appeared first on <a rel="nofollow" href="https://cryptoslate.com">CryptoSlate</a>.</p>

CryptoSlate wMarket Update: Litecoin re-enters top 10 amid wider market weakness

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