As of 7:15 a.m. UTC on May 30, $ADA, $DOT, $AVAX, and $SHIB are leading the top 20 cryptoassets by market cap with double digit percentage again (vs USD) in the past 24-hour period.
$SHIB is leading this group of four with a gain of 14.4%, and is followed by $ADA, $AVAX, and $DOT that are enjoying gains of 11.8%, 11.4%, and 10.0% respectively.
At the time of writing (7:16 a.m. UTC on May 30), the 8th, 10th, 15th, and 16th ranked cryptoassets by market cap — Cardano ($ADA), Polkadot ($DOT), Avalanche ($AVAX), and Shiba Inu ($SHIB) — are trading around $0.52, $10.43, $27.56, and 0.00001226 respectively.
Pseudonymous crypto analyst “IncomeSharks” has this to say about $DOT’s latets price action:
As for Avalanche, crypto analyst Ali Martinez was not surprised that $AVAX had managed to rebound above the $28 level (at around 6:13 a.m. UTC on May 30).
And finally, with regard to Shiba Inu, according to pseudonymous $SHIb influencer “$SHIB KNIGHT”, it looks like over 2.41 billion $SHIB tokens have been burnt in the past seven-day period.
The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.