The crypto space after displaying its tendency to range high, yet again scrambled down beneath the average ranges. BTC price dropped down hard below $29,000 but somehow managed to regain the levels. But interestingly, ETH price maintained strongly at $1900 and is currently recovering hard along with the major cryptos in space.
The popular altcoins like PancakeSwap (CAKE) have dropped by more than 6% while STEPN (GMT) price plunged by 14.48%. On the other hand, Solana (SOL) price tanked by 11.88% and Anchor Protocol(ANC) by 17.66%. Yet, Terra(LUNA) & TerraUSD(UST) remained heavily drained by 21.06% and 14.21% respectively.
CRYPTO PRICE TODAY
| Price Trend | Price for May 16, 2022 | Percentage change |
| The global cryptocurrency market cap | $1,247,611,175,837 | – |
| The total crypto market volume | $82,212,073,165 | – |
| Bitcoin Price | $29,132.67 | -2.36% |
| Ethereum Price | $1,953.75 | -4.31% |
*All prices are latest by 10:00, 19 May 2022.
Check out the Latest Crypto Prices, Charts, and Data of your favorite coin.
TOP GAINERS AND LOSERS TODAY
TOP 3 CRYPTO GAINERS
| Crypto | Price* | Percentage Change |
| Axie Infinity | INR 1,743.20 | +4.11% |
| Chiliz | INR 9.81 | +9.81% |
| Tron | INR 5.93 | +1.92% |
*All prices are latest by 10:00, 19 May 2022.
TOP 3 CRYPTO LOSERS
| Crypto | Price* | Percentage Change |
| Oasis Network | INR 5.58 | -16.86% |
| Mirror Protocol | INR18.64 | -15.34% |
| Helium | INR 627.68 | –14.57% |
*All prices are latest by 10:00, 19 May 2022.
Crypto Price Prediction for the Day: BitTorrent (BTTC)
Will BTTC Price May Hit INR 0.00015 This Week of May?
BitTorrent’s price broke down from the trend line that is maintained since early 2022 and dropped hard below INR 0.0015. Further, the LUNA-UST crisis which shattered the entire crypto space also dragged the BTTC price to the lowest possible levels, below INR 0.0000800. Currently, the price underwent a minor rebound and began consolidating within a narrow range.
The price may continue with the consolidation for some more time until the weekend within the same ranges, as no possibility of a breakout is seen. Even if the price attempts to surge, it may fall back to the same regions. Hence reaching INR 0.00015 appears to be a pretty tedious job presently, but could eventually be achieved in the upcoming days.
Check out the Latest Prices, Charts, and Data of BTTC/USDT.
To read more in detail, BitTorent BTTC Price Prediction.
Crypto Market Buzz
Web3 News Global
‘LimeWire’ partners with ‘Universal Music’ for Music NFT Licensing, and Blockchain Gaming
Limewire has struck a deal with ‘Universal Music Group’ to licence music content NFTs for music geeks. UMG artists will now be able to monetize their music labels, audiovisual content to sell them to their fans. This partnership also determines that other record labels including: Interscope Records, Republic Records, Def Jam Recordings, Capitol Records, Motown Records, Geffen, EMI, Virgin Music will be able to use the LimeWire marketplace to engage with their fans and roll out collectibles for sale.
Source: CoinDesk
QuestBook raises $8.3 million to support web3 developers
Web3.0 platforms are zooming in at a quick pace to get more developers to build onto their platforms through grants, hackathons and much more. However, the snag that most of these foundations are facing is that they are not able to keep up with the number of applications sent by these developers. To solve this hurdle, Questbook, an eminent startup has raised $8.3 Million in an A series funding to identify and resolve blockers like these. Questbook has associations with Polygon, Aave, Near and Harmony.
Source: Tech Crunch
Crypto News Global
Socios fan tokens jump to 40%+ after Chiliz announce mainnet upgrade and token burn plan
Chiliz announcement of a new exchange listing, mainnet upgrade and a robust token burn mechanism plan amidst a market downtrend, has led its socio fan token to a whooping jump of 40%. Chiliz announced its upgrade ‘Jalapeno’ of the testnet phase – a broader plan of the mainnet launch. Socio token listing on Bitpanda exchange is another cause for the token uptrend. Lastly, the head to head token burn plan amidst club matches will diminish the socio token supply.
Source: Cointelegraph
NEW COIN LISTING ON COINDCX
| New Coin | Market Capitalization | Circulating Supply |
| KAVA Price | $446,384,664 | 193,825,617.00 KAVA |
| STEPN GMT Price | $824,352,211 | 600,000,000 GMT |
| STORJ Price | $204,308,217 | 390,247,075.35 STORJ |
| JASMY Price | $54,983,418 | 4,754,930,780 JASMY |
*All prices are latest by 10:00, 19 May 2022.
Related posts
Bitcoin Price Hits New All-Time High Following Fed’s 25-Basis-Point Rate Cut
Fed’s interest rate cut spurs crypto momentum, boosting Bitcoin and Ethereum prices.
Blum Secures Major Investment from TOP to Strengthen DeFi Presence in TON Ecosystem
TOP’s backing aims to accelerate Blum’s multi-blockchain expansion.
