Like bitcoin, the price of ether has also shown an uptrend. After several days the value of Ether has also gone above the mark of $1,254 (approximately Rs 1 lakh). According to Gadgets 360’s crypto price tracker, ETH is up 3.16 percent. Its price has gone up to $ 1,442 (about Rs 1.15 lakh).
While the top 2 cryptocurrencies posted gains in prices, the rest of the altcoins have also been seen catching the same pace. Prominent among them are Tether, USD Coin and Binance USD. In addition, Solana, Ripple, Cardano, Binance Coin, Polkadot and Polygon also posted profits. The good news is that the popular Dodgecoin and Shiba Inu in the form of Mime Coins have also seen modest profits. However, some altcoins such as Uniswap, Chainlink, Stealer, Monero and Arnold have posted losses.
Speaking to Gadgets 360, Edul Patel, CEO of crypto investment platform Mudrex, said that most cryptocurrencies are back on track after tracking gains in the US stock market. Ethereum gained 17 percent last week. Most cryptocurrencies have maintained their gains over the weekend, despite a slight decline. According to Coinmarketcap, once again the overall market cap of the crypto sector has crossed the trillion dollar mark and is at $977 billion (approximately Rs.77,97,638 crore).