Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

Cryptocurrency market sees mixed results, Kitty Inu rises

EditorAmbhini Aishwarya
Published 27/11/2023, 06:02

Cryptocurrencies witnessed varying performances recently, with some experiencing declines while others saw gains. KILT Protocol (KILT), Aidi Finance (AIDI), Zoo Token (ZOOT), CareCoin (CARES), Jeff in Space (JEFF), and Lumi Credits (LUMI) all recorded drops in their value against the dollar. On the flip side, Kitty Inu (KITTY) enjoyed a 1.9% increase, and Hokkaidu Inu (HOKK) also edged higher.

Kitty Inu and Hokkaidu Inu were among the few cryptocurrencies that bucked the downward trend, with Kitty Inu climbing to $95.84 and Hokkaidu Inu increasing to $0.0004. Meanwhile, Lego Coin maintained its value at $0.0049, but AXIA Coin experienced a slight dip of 0.1% to settle at $13.43.

The crypto market's volatility was evident as KILT Protocol fell by 4.1% to $0.35, while CareCoin dropped to $0.0809. Both Aidi Finance and Zoo Token declined by 2.2%, with Zoo Token hitting $0.0652. Jeff in Space and Lumi Credits weren't spared from the downturn either, decreasing by 2.2% to $2.75 and by 0.6% to $0.0087, respectively.

Amidst these fluctuations, new entrants continue to emerge in the crypto space. Terran Coin, which launched on April 29th, 2021, aims to facilitate efficient transactions through smart contracts on its blockchain network. It is traded indirectly via major cryptocurrencies like Ethereum or Bitcoin on platforms such as Gemini or Coinbase (NASDAQ:COIN).

Another recent addition is BitcoinBR, introduced on November 4th, 2021, with ambitions to revamp traditional financial systems through its blockchain-based programmable payments and infrastructure development. Although direct purchases with USD are not available for BitcoinBR, investors can still engage with the platform using Ethereum or Bitcoin.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.