Dogecoin, Pancake Swap, Terra Classic, Solana Plunges Yet Again

Crypto Price Today 12 Dec: The crypto market’s big coins have fallen in the last 24 hours, making it a dull day for investors. The market still seems bearish as coins are falling down every other day.

In the last 24 hours, Dogecoin has plummeted by 8.96%. Pancake Swap has dipped by 1.95%. Terra Classic is down by 4.08%. Solana has dropped by 4.58%. Hooked Protocol is the biggest loser by plunging 14.69%. Ark has slashed by 8.26%. Shiba Inu takes a dip of 4.32%. Chainlink fell by 4.60%.

With a downward fall of 1.95%, the global crypto market cap stands at 840.55 billion USD. The global crypto market volume is at 30.77 billion USD, an increase of 27.07%.

Top Cryptocurrency Price Today

Dogecoin (DOGE) is down by 8.96%

Dogecoin has taken a drastic fall of 8.96%. The market cap currently is at 11.393 billion USD. Trading volume has been boosted by 197.02%. Each Doge token costs 0.08819 USD.

Source: coinmarketcap

Pancake Swap (CAKE) is down by 1.95%

Pancake Swap has taken a dip of 1.95% and the market cap now stands at 630.81 million USD. Each token of CAKE is costing 3.92 USD. Trading volume is up by 50.88%.

Source: coinmarketcap

Terra Classic (LUNC) is down by 4.08%

With a slip of 4.08%, Terra Classic’s market cap stands at 979.540 million USD. Trading volume is up by 7.05%. Terra Classic coin is selling at 0.0001637 USD.

Source: coinmarketcap

Solana (SOL) is down by 4.58%

A major dip of 4.58% takes Solana token to 12.99 USD. Presently, the market cap is at 4.578 billion USD. Trading volume has risen by 66.90%.

Source: coinmarketcap

Conclusion

While many analysts predicted that the market will; go up as we enter into another year, the charts are currently showing a different situation. The market still seems bearish with the FTX fiasco.

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

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.