Cryptocurrencies were a tale of two cities on the day, with TRUMP token at the top of the movers list. This increase in TRUMP’s market capitalization is the result of an increased appetite for meme-based tokens and speculative leverage trading. Bitcoin and Ethereum gained ground, but not nearly as high percentages as many altcoins surged. The total capitalization of the worldwide cryptocurrency market fell down since the last week’s report.

Otherwise, TRUMP token was by far the biggest gainer today, jumping 30.81% to $12.29. This jump boosts TRUMP to one of the highest positions among top players within the meme-token industry. Speculative trading and a wave of new investor interest are driving this growth. Other altcoins demonstrated strong performance. SYN was up 27.96%, ALPACA was up 16.17% and MEMEFI was up 88.13%.

Bitcoin, the largest cryptocurrency by market cap, had a less extreme jump. It went up by 1.47% in the last 24 hours and was trading at $92,330.09. Weekly overview Throughout the past week, Bitcoin has experienced a total increase of 8.93%, reflecting an overall positive trend. Ethereum was up as well, rising 1.31% to $1,767.29 at the time of writing. Ethereum, for example, is up 10.40% over the last week.

Whether we’re talking about this or other cryptocurrencies that have popped recently. As the global cryptocurrency market cap has lost about 1.29% over the past 24 hours. The worldwide crypto market capitalization is currently $2.89 trillion. This whipsaw indicates a level of uncertainty and volatility is still left in the overall market.