The crypto market has continued its extended positive run with several coins trading in the green zone for the third consecutive day. Leading coin Bitcoin has only made minute gains but this appears to be the period for the altcoins which have come out strongly within this period.
In today’s analysis, we would be looking at the three major coins that made solid gains in the past 24 which are, Binance Coin (BNB), Electroneum (ETN) and Ethereum Classic.
Binance Coin (BNB) Intraday Analysis
Binance Coin is one of the top coins in the crypto market backed by the largest crypto exchange Binance. Looking at its chart in the past 24 hours we can see the coin had several fluctuations which suggest the growing volatility of the coin.
Binance Coin has also been boosted with its successful futures trading that has been well received within the crypto market. Binance Coin (BNB) is currently priced at $18.76 which is a decrease of about 2% from its value a week ago. The coin is at the moment the 7th largest coin on the crypto rankings and has a market capitalization of $2,918,240,288.
Today, NewsLogical pulished that Binance has now join the Kakao’s Klaytn Global Blockchain Council.
Ethereum Classic Intraday Trading
Ethereum Classic (ETC) has been making steady gains in the past few days. The coin had a few fluctuations during trading in the last 24 hours but recovered to finish strongly.
There have been reports of an incoming update to its blockchain before the end of the year and this could be one of the contributing factors to its recent gains in the market.
As at the time of writing, ETC is valued at $4.61 which is a 2.37% gain in value in the past 24 hours. The token is ranked 22nd on the top 100 list and has a market cap of $527,199,027.
Electroneum Intraday Analysis
Electroneum (ETN) made good gains in the last 24 hours with its token ETN gaining 3.38% on the USD and 2.89% on BTC. looking at its daily trading chart, Electroneum had a steady price range throughout the day with just a few spike periods at regular intervals.
Electroneum is currently priced at $0.003629 as at the time of writing and has a market capitalization of $35,772,326 USD. The mobile currency has enjoyed a resurgence in the past few months, making it regain its place in the top 100 coins.