Ether was the second name in the list of cryptocurrencies that registered a decline. The world’s second largest cryptocurrency saw a 1.5 percent drop. Ether is currently trading at $3,299 (approximately Rs 2.45 lakh) on global exchanges. The world’s second largest cryptocurrency is currently trading at Rs 2,66,485 on Indian exchange Coinswitch Kuber. Apart from bitcoin and ether, other popular cryptocurrencies also appeared on the Gadgets 360 cryptocurrency price tracker. USD Coin, Tether, Polygon, Litecoin and Bitcoin Cash were also named among the coins that registered a decline.
Mime-based cryptocurrencies Dodgecoin and Shiba Inu also declined. The Shiba Inu saw a decline of 2.08 percent while the DodgeCoin saw a decline of 4.26 percent. At the time of writing the news, the price of Dodgecoin in India was running at Rs.14.60. Currently Shiba Inu is trading at Rs.0.002449 in India.
Apart from this, Cardano, Ripple, Polkadot, Uniswap and Tron were some of the cryptocurrencies that registered an increase in their price. Cardano has gained 9.78 percent and is currently trading at Rs 112.7 in India. Solana also saw an increase of 2.4 percent. Solana in India was trading at Rs 12,006 at the time of writing the news. The cryptocurrency market cap has registered a decline of 2 percent. The price of crypto tokens does not see much volatility at the moment and the cryptocurrency market appears to be almost stable. Crypto experts say that due to the worldwide corona epidemic, a huge increase in the prices of digital currency cannot be expected right now.
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