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There seems to be a lot of buzz in the world of technology that is making the price of some tokens jump up and down. Read on as we have all the info on what has been going on in the world of crypto over the last week.
While the global crypto market cap has been going from green to red, it is interesting to see the crypto market see some increase in market volume. The two top cryptocurrencies — Bitcoin and Ethereum have broadly held onto approximately $17,000 and $1200 respectively. However, coins including Dogecoin, Cardano, XRP and Polygon have declined by over 10% in the last week.
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Buzzing in the World of Crypto
Elon Musk held a Twitter poll on whether he should continue as the head of the organisation. Well, not only did he lose the poll, it also took the price of dogecoin down with it.
Meanwhile, payment giant Visa has proposed an auto-payment scheme for Ethereum users that will allow for recurring payments. The news sure sent some much needed excitement in the crypto world.