Top Cryptos Swinging Within the Same Braces, While MKR, EGLD, AAVE Price Attempt a Large Move
The top cryptos, Bitcoin & Ethereum along with the other popular tokens are trending within narrow regions, consolidating heavily for the upcoming moves. However, some of the altcoins are recovering at a larger pace but certainly not paving way for an AltSeason.
Maker(MKR) is among the top gainers with a jump of 5.70% & priced at INR 1,24,608.36. The other gainers include Elrond(EGLD) with a 3.88% jump and AAVE with a 2.59% surge. However, Terra(LUNA) continued to plunge hard by more than 30%, standing at INR 0.01456 at the press time.
CRYPTO PRICES TODAY
| Price Trend | Price for May 17, 2022 | Percentage change |
| The global cryptocurrency market cap | $1,299,957,868,283 | – |
| The total crypto market volume | $87,967,582,175 | – |
| Bitcoin Price | $30,246.45 | -0.11% |
| Ethereum Price | $2,074.45 | -0.07% |
*All prices are latest by 10:00, 17 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 |
| JasmyCoin (JASMY) | INR 1.16 | +33.40% |
| Elrond eGold (EGLD) | INR 8,002.29% | +7.45% |
| MyNeighborAlic (ALICE) | INR 240.86 | +6.83% |
*All prices are latest by 10:00, 17 May 2022.
TOP 3 CRYPTO LOSERS
| Crypto | Price* | Percentage Change |
| Mirror Protocol (MIR) | INR 22.55 | -10.57% |
| Axie Infinity (AXS) | INR 1643 | -8.74% |
| Cosmos (ATOM) | INR 936.83 | –5.49% |
*All prices are latest by 10:00, 17 May 2022.
Metaverse News Global
TCS engages Tata group companies to deploy metaverse solutions
The esteemed jewelry brand Tanishq launched its collection in the metaverse where buyers can virtually try on the collection. Ashok Maharaj, head of TCS XR Lab plans to bring in Tata Motors, Tata Steel and other arms of the enterprise in the metaverse as they see huge potential to make the user journey more immersive.
Source: Economic Times
Crypto News Global
Maker DAO price rebounds as DAI holds its peg and investors search for stablecoin security
In the midst of a complete shakedown of the market, Maker DAO has been able to keep up with the token value to keep its investors glued to the platform. DAI has been able to keep up with the dollar value peg which will go a long way for the crypto believers. In contrast to the Terra Luna collapse, DAI’s potential to stay up in the game is also due to the fact that it was recently leveraged to finance shipping of Australian beef.
Source: Coin Telegraph
South African Bitcoin Ponzi Scheme “Masterminds” Face Hundreds of Millions in Fines
The anchors of a bitcoin Ponzi scheme operating in South Africa have been charged with a fine of $291 million for their fraudulent schemes. The scheme was headed and run by Mirror Trading International (MTI) and eighteen other individuals.
Source: Defi Planet
NEW COIN LISTING ON COINDCX
| New Coin | Market Capitalization | Circulating Supply |
| Kava (KAVA) | $479,209,750 | 192,799,508.00 KAVA |
| STEPN (GMT) | $928,307,569 | 600,000,000.0 GMT |
| Storj (STORJ) | $216,427,562 | 390,191,313.27 STORJ |
| JasmyCoin (JASMY) | $66,608,548
|
4.75B JASMY |
*All prices are latest by 10:00, 17 May 2022.
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