SHIB drives the market with a surge in positions, while XRP maintains volatility and NIGHT seeks to consolidate

robot
Abstract generation in progress

The cryptocurrency landscape this week reflects mixed movements among the main altcoins. Open contracts for Shiba Inu (SHIB) increased by 8% in the last day, reaching $75.76 million with a volume of 10,346,899,754,165 tokens, indicating renewed trader interest in leveraged positions of this altcoin.

The capital flow towards XRP sets the pace

Meanwhile, XRP experienced a weekly inflow of $62.9 million, representing a 34% growth compared to the previous week. However, current data shows that the price has retreated by 2.59% over the past seven days, with a transaction volume of $82.33 million in 24 hours. This contrast between positive capital inflow and price action reflects the characteristic tension of altcoins in consolidated markets.

NIGHT deals with pressure after gaining ground

Cardano’s (NIGHT) experienced a 20% rise over the weekend when trading volume reached $3.5 billion. However, currently, the coin faces a 2.33% decline in 24 hours, with a more contained volume of $9.48 million. The initial movement suggests that the token still maintains speculative interest, although selling pressure has increased after reaching certain levels.

The week highlights how capital inflow does not always guarantee price stability, especially in altcoins where volatility remains the norm.

SHIB2,27%
XRP1,35%
NIGHT1,79%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)