Bitcoin
BTC$57 200.89

1.43%

Ethereum
ETH$3 260.30

0.83%

Tether
USDT$1.000218

-0.01%

Binance Coin
BNB$397.74

-0.24%

Solana
SOL$108.69

-2.26%

XRP
XRP$0.578774

4.44%

Crypto bounce sees Waves, Internet Computer gain 80%–110% on rebound


20 May 2021

#Waves

Price rebounds following the recent market crash exceeded 100% as the market was subject to a volatile bounce. The ripples created by the cryptocurrency market crash, which saw $1.1 trillion evacuate the global market capitalization in a matter of days, continued to reverberate on Thursday as a majority of coins experienced notable rebounds.

After losing 64% of its value since May 12, when it fell from $40.50 to $14.43, the multipurpose blockchain project Waves experienced a 95% bounce for its native WAVES token earlier on Thursday. WAVES' price climbed to $28.09 shortly prior to publication, in effect paring the coin’s weekly losses to just over 25% for the time being.

Internet Computer, a recent entrant to the top 10 by market capitalization, also saw a strong bounce with its native ICP token. ICP's price soared to over $600 just after it commenced trading on May 10. By Wednesday, the coin's price had fallen to $100 — a loss of 81%.

But by Thursday, ICP had rebounded to the tune of 117%, climbing to a price of $217. The coin’s daily trading volume rose to its highest value to date, with over $1.6 billion worth of ICP changing hands on the day. Bounces like these are not unexpected during tumultuous times in the cryptocurrency market, and many day traders rejoice in the opportunities afforded them by such attractive, yet dangerous, volatility.

Bitcoin’s (BTC) bounce was less pronounced, but it still managed to gain close to 30% on its then value of $31,000 as it climbed back to over $40,000. The price of recent gainer Dogecoin (DOGE) sank 67% over the course of the previous seven days, dropping to the $0.23 range after peaking at $0.73 just days earlier. Dogecoin’s 78% rebound from $0.23 to $0.420 was notable on Thursday, as it saw the coin price return to a humorous peak previously set by traders on April 20, or 4/20 day.


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WAVES price swells to new all-time highs, nearing $4B market cap
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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 65.2% 77 $57 200.89 1.43% 10.57% $1 123 411 542 050 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 62.4% 80 $3 260.30 0.83% 10.49% $391 728 288 474 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.8% 1 $1.000218 -0.01% 0.03% $98 412 361 473 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 67.2% 70 $397.74 -0.24% 12.85% $59 479 857 047 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 79.6% 40 $108.69 -2.26% 2.93% $48 092 856 952 SOL 7 days price change
6 XRP (XRP) XRP XRP predictions 82.4% 29 $0.578774 4.44% 5.30% $31 597 751 568 XRP 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 94% 1 $0.999850 -0.01% 0% $28 520 429 191 USDC 7 days price change
8 Cardano (ADA) ADA Cardano predictions 67.6% 66 $0.618901 -0.52% 3.41% $21 955 661 991 ADA 7 days price change
9 Avalanche (AVAX) AVAX Avalanche predictions 72.8% 52 $39.24 -0.35% 4.83% $14 801 872 715 AVAX 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 84.8% 27 $0.095118 4.57% 12.58% $13 626 193 308 DOGE 7 days price change
11 TRON (TRX) TRX TRON predictions 68% 63 $0.143113 1.51% 2.24% $12 592 966 788 TRX 7 days price change
12 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 66.8% 61 $0.142958 1.75% 2.17% $12 579 371 848 WTRX 7 days price change
13 Chainlink (LINK) LINK Chainlink predictions 76.4% 43 $18.95 -0.81% 0.70% $11 123 980 216 LINK 7 days price change
14 Polkadot (DOT) DOT Polkadot predictions 74.8% 50 $8.25 1.85% 10.87% $10 593 986 884 DOT 7 days price change
15 Lido stETH (STETH) STETH Lido stETH predictions 92% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change

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