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2024-06-27 14:02:35 +0300

Highlights June 27: Terra Classic USD is pumping, Dogecoin adds 11%

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CoinJournal
By Daniela Kirova

The crypto market as a whole is mixed with most top 100 coins relatively flat at the time of writing.

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Top cryptos

The crypto market was mostly flat this morning, with the majority of top 10 cryptos registering small losses. Bitcoin was down less than 1% at time of writing, trading above $21,000.

Ethereum was around 1% lower%, XRP registered minor losses, and Cardano remained flat. Closing out the top 10 was Dogecoin, which was up around 11%.

Dogecoin’s gains are likely due to Elon Musk’s unwavering support. Despite accusations that Dogecoin was a pyramid scheme and the lawsuit against him, Musk has stated repeatedly he would always support it.

Cryptos outside the top 10 were mixed. Tron added 8% to its value, perhaps finally getting back on track. Uniswap was up around 6%.

Top movers

Most coins outside the top 20 were mixed. Notable standouts include Ethereum Classic, up 6%, and Stacks, up 20% ahead of an upcoming NFT launch. Terra Classic USD, the former UST, added 195% to its value and is currently trading for $0.03.

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