TRX consolidates, XRP ranks 3rd by market cap, PUMP rises

TRX consolidates, XRP ranks 3rd by market cap, PUMP rises
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The overall crypto market sentiment is neutral according to the Fear and Greed Index. In such a calm and composed outlook some tokens are still performing, while others are holding their ground. TRX moves sideways while the XRP retains the third place on CoinMarketCap’s token by largest market capitalization. Meanwhile, PUMP overtakes hyperliquid. 

Tron (TRX) consolidates

image 132

24 hour price change: -1.27%

Trading volume: 32 billion

TRON (TRX) is a blockchain-based decentralized platform that aims to build a free, global digital content and entertainment system. Shortly after the markets opened for trading, the token gained value crossing above the opening market price of $0.34. However, as the day progressed the token crashed and continued to consolidate within a tight range. 

XRP captures 3rd spot in market cap 

image 133

24 hour price change: -0.79%

Trading volume: $179 billion 

Ripple’s token XRP is a digital asset built for payments, with fast, low-cost, and scalable transactions. It powers Ripple’s vision of modernizing cross-border money movement by serving as a bridge between currencies. Despite regulatory hurdles, it remains one of the top cryptocurrencies by market cap and a major player in the payments niche. 

XRP captures the third place on the tokens list by highest market capitalization. Even XRP has been stuttering in a tight range between $3 and $3.06, as it currently tries to find a support level to cushion its fall. 

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Pump.fun over takes Hyperliquid

image 132

24 hour price change: -2.17%

Trading volume: $841 billion

Memecoin launchpad Pump.fun which runs on the Solana blockchain network has on the trendling list for quite some time. The memecoin launchpad hit $3.38 million in 24-hour revenue and captured the third place after overtaking Hyperliquid’s $3.06 million. 

On the daily chart, PUMP has been fluctuating all over the place. However, currently, PUMP is making higher highs as it tries to recover above the opening market price of $0.0080.

Disclaimer:
This article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency investments are subject to high market risk. Readers should conduct their own research or consult with a financial advisor before making any investment decisions. The views expressed here do not necessarily reflect those of the publisher.

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