The crypto landscape is experiencing a combination of modest profits among top assets parallel to exclusive spikes in latest tokens. As of February 20th, CryptoRank’s data discloses steady growth of $BTC and $ETH alongside sheer growth in emerging tokens like $DOGEAI and $CLANKER. The crypto analytics platform shared the crypto market overview in a recent X post.
Crypto Sector Sees a 1.22% Surge in Market Cap While Fear & Greed Index Spikes to 49
CryptoRank’s data reveals that the total market capitalization of the crypto sector has reached $3.35T. The figure shows a 1.22% increase over twenty-four hours. In addition to this, the spot volume has touched $48.82B in the meantime, indicating a 2.52% surge. Simultaneously, the Fear and Greed Index is “neutral” at 49, signifying a substantial increase of 5 points over 24 hours.
Bitcoin Dominance Records 0.02% Increase Whereas Ethereum Dominance Dips by 0.40%
Apart from that, Bitcoin’s dominance in the crypto market is nearly 57.35%, with a 24-hour spike of 0.02%. Additionally, the top crypto asset’s price is up to $96,833 following a 1.19% increase of twenty-four hours. However, Ethereum has witnessed a downturn of 0.40% in its market dominance which stands at 9.84%. Along with that, the crypto token is reportedly changing hands at $2,733, with a 0.82% jump over twenty-four hours.
$XRP and $SOL Account for 5.03% and 1.33% Price Jumps
Other than $BTC and $ETH, the prominent crypto assets include $XRP, $BNB, and $SOL. $XRP’s price rose by 5.03%, reaching the $2.69 mark while $BNB is trading at $648.38 following a 0.92% dip. Nonetheless, $SOL saw a modest growth of 1.33% to gain the $171.71 spot. Stablecoins $USDT and $USDC gained $0.03% and $0.01% gains respectively.
$DOGE Grows by 0.23% Parallel to 0.26% Decline in $SHIB’s Price
On the other hand, the well-known memecoins $DOGE and $SHIB display opposite outlooks. While $DOGE has recorded a 0.23% increase, $SHIB has plunged by 0.26%. Parallel to that, crypto gainers with large capitalization include $IP, $BERA, $TAO, $S, and $ZEC. They witnessed 27.2%, 14.5%, 13.3%, 12.0%, and 10.8% increases.
Fluent, Universal, and Fomo Attain $8.0M, $9.0M, and $2.0M in New Funding Rounds
Interestingly, emerging crypto assets with small capitalization, such as $DOGEAI, $CLANKER, $GOOGLZ, $SUNDOG, and $SSE, saw massive gains. According to CryptoRank’s data, they account for 143%, 68.6%, 68.3%, 63.2%, and 47.3% of profits respectively. Furthermore, the new funding rounds in the crypto market include Fluent, Universal, and Fomo. They reportedly account for $8.0M, $9.0M, and $2.0M in funding respectively.
