Shiba Inu Crashes 30%, DOGE 25%, And Ethereum 15% In Crypto Market

Shiba Inu, Dogecoin, Bitcoin, and Ethereum are among the major cryptocurrencies that have experienced a 30% drop. In six weeks, the cryptocurrency market has lost about $830 billion in value. In the meantime, Rohit Sharma, the captain of the Indian cricket team, has launched his own NFT collection. In just six weeks, the global crypto industry has lost $830 billion in market capitalization. At 8.50 a.m. on Thursday, the global crypto market valuation had dropped 12.91 percent from $2.07 trillion on April 2, 2022, to $1.24 trillion. According to Coinmarketcap data, worldwide crypto volume increased by 39.34% to $218.06 billion.

Prices of Cryptocurrencies

The world's oldest cryptocurrency, Bitcoin (BTC), was trading at $28,881.96, down 8.93% in the last 24 hours. The price of Ethereum (ETH) dropped 14.59 percent to $2,052.45. Cardano (ADA) was down 23.39 percent at $0.4863, Algorand (ALGO) was down 27.04 percent at $0.4339, Binance Coin (BNB) was down 18.42 percent at $262.59, Solana (SOL) was down 29.6 percent at $47.91, and Polkadot (DOT) was down 25.57 percent at $8.53, among other significant coins.

Meme Coin And DeFi Prices

Dogecoin (DOGE) was trading at $0.08175, down 25.9%. It has a volume-to-market-cap ratio of 0.247. Shiba Inu (SHIB), a competitor, was down 29.56 percent at $0.00001147. Dogelon Mars (ELON) was down 32.6% at $0.0000004676, Floki Inu (FLOKI) was down 31.4% to $0.000007476, and Samoyed Coin (SAMO) was down 26.74 cents to $0.007114.

YFI (yearn.finance) fell 20.44 percent to $11,005.11 in the DeFi sector. Terra (LUNA) was down 96.42% to $0.5104, Avalanche (AVAX) was down 33.47 percent to $29.66, Uniswap (UNI) was down 22.43 percent to $4.77, and Aave (AAVE) was down 26.79 percent to $77.83.