Mooners and Shakers: Bitcoin battles resistance; Secret steps from shadows; WTF Token… WTF?

After dropping as low as $2,500 in the past 24 hours, Bitcoin has shown strength in defending support but fighting a familiar resistance. Meanwhile, it’s a mixed bag in the altcoin land, as it has been all week.

Overview of the top 10

With the overall market cap of the cryptocurrency down about 1.5% (just a bodily wound) since this time yesterday, here is the state of play in the top ten by market capitalization at the time of writing – according to CoinGecko data.

Having sunk as low as $41,700 over the past day or so, Bitcoin (BTC), the market-leading cryptocurrency, just popped above the $43,000 mark as US stock markets opened their last session of the week.

As several analysts noted yesterday, Bitcoin is still in choppy and range bound territory, defending $40K but facing resistance at the 43K mark. The weekly (Sunday) close above around $43,200 looks key.

Interestingly, given that the cryptocurrency market is often closely correlated with it, the S&P 500 (-0.33%) meanwhile continues its downtrend over the past two days as the US Dollar Index attempts to return to the upside.

It is a game of interconnected and inversely related musical chairs. There may be a lot of hope, but perhaps Bitcoin can break away and do more of its own things this year.

Speaking of the tight correlation, the Ethereum week closely mirrored the seven-day movement of Bitcoin — nothing unusual there.

What is somewhat unusual is the quirky genius whom Ethereum co-founder Vitalik Buterin happily invited to the “crazy and uninterrupted” criticism of the Twittersphere. Like: “He looks like an eccentric alien” …

Winners and Losers: 11-100

Crossing a market cap range of between $26 billion and about $1.2 billion in the rest of the top 100, let’s find some of the biggest gainers and losers 24 hours a day at press time.

daily pumps

Secret (SCRT), (mc: $1.29 billion) + 25%

Dogecoin (DOGE), (MC: $25.9 billion) +18%

Oasis Network (Rose), (MC: $1.9 billion) +12%

Currency (XMR), (MC: $4.1 billion) + 7%

FTX icon (FTT), (mc: $6 billion) +6%

Top Meme and Favorite of Elon Musk Dogecoin It lasts a solid 24 hours on the back of Tesla allowing it to pay for the goods. (Like Tesla T-shirts, mugs, electric quad bikes for kids…)

Coins that maintain privacy secret network And Currency In the meantime, both of them are continuing their strong week, especially the first week, which seems to be moving on the back of some positive fundamental strikes on the chest, in addition to the possible bullish technical “round bottom” forming on the chart.

daily skis

Cadena (KDA), (mc: $1.6 billion) -7%

Olympus (Ohms), (MC: 1.7 billion USD) -5%

graph (GRT), (mc: $3 billion) -4%

ring ring (LRC), (market capitalization: $1.85 billion) -4%

sushi (Sushi), (MC: $1.36 billion) -4%

Low-cap winners and losers

Going below crypto unicorns (in some cases much less), here’s a selection that catches our eye…

daily pumps

Polyswarm (NCT), (MC: $229 million) + 54%

Propy (PRO), (MC: $214 million) + 50%

Clover Finance (CLV), (mc: 155 billion USD) + 24%

Generous (Careem), (market capitalization: $64 million) + 21%

Moonbeam (GLMR), (market capitalization: $1 billion) + 10%

daily skis

WTF icon (WTF), (market capitalization: $18.3 million) -38%

looks rare (look), (MC: 402 million USD) -23%

Crypto Raiders (RAIDER), (mc: $35.4 million) -18%

goldfinch (GFI), (MC: 55 million USD) -15%

SpookySwap (BOO), (mc: $215 million) -12%

So… WTF icon… WTF is that, you might ask? It is a symbol of a super simple project known as fees. wtf, which is a service that basically shows ETH users how much gas they have spent in transactions on the Ethereum blockchain.

Like LooksRare, it is another free airdrop to the community this week, but it has been problematic due to bot issues running in the foreground and high gas fees, thus avoiding a lot of criticism from the Ethereum community with some calling it a “ponzi scheme.”

Is it worth claiming at this point? It looks like the claim could cost more gas than it’s worth now. So, with that in mind, it’s probably best to step back or at least try to get to the bottom of the somewhat obscure negative fuss.

You can read more about the ins and outs of what happened with her in this stream of tweets from “meows.eth”…

The last words…

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