Hello there I’m Sage, great to have your company on Kalkine TV
and this is The Daily Crypto Catch brought to you by Crossgate Capital.
Let’s now catch up on the past 24 hours from the crypto space!
Pop superstar Justin Bieber has purchased one of the popular Bored
Ape Yacht Club NFTs for US$1.29 million.
The “Baby” singer purchased the Bored Ape Yacht Club
#3001 on popular trading platform OpenSea for 500 Ethereum.
Interestingly, though, at the time, the NFT’s floor price was 104 ether or $270,908 at the
time of sale, which means The Biebs spent a over a million more that the required sales price.
Bieber is known to be an avid collector of NFTs and in particular The Bored Ape Collection.
In fact, statistics show the “Sorry” singer has 619 NFTs from 49 collections.
And now let’s take a short break and we’ll be back
with today’s biggest winners and losers. Stay tuned.
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Welcome back to Crypto Catch on Kalkine TV, brought to you by CrossGate Capital.
Moving on to altcoin news. Binance Coin or BNB outperformed the only
two other cryptos larger than it by market cap in 2021.
BNB, which saw outstanding gains of around 1,300 percent, according to Arcane Research,
outperformed both Bitcoin and Ethereum, the number one and two largest cryptos.
To put that into perspective, Bitcoin grew 65 percent in 2021
while Ethereum – the second largest crypto – grew 408 percent in the same period.
This performance by BNB was indicative of a trend where investors ventured away from the two main
dominant cryptos to put new money into altcoins. As well as BNB, altcoins like Cardano, Solana and
even the meme-based coins – Shiba Inu and Dogecoin – made astounding gains throughout last year.
What’s more researchers predict that this trend will continue into this year as investors become
more educated on the vast amount of altcoin options that are currently out there. Source
Moving on to today’s winners and losers.
One hundredth ranked crypto Ankr was the top performer over the past 24,
gaining 10 percent. NFT gamining Crypto – Axie Infinity – is back in the winners
circle with a growth of around eight percent over the same period.
And today’s losers. Kadena saw a drop of 13 percent in the past 24,
while top ten crypto Terra Luna fell almost ten percent. Source
ANNNND that’s all today for Crypto Catch. Stay tuned to Kalkine TV for the latest
market updates, business news and exclusive interviews. I’m Sage signing off for now.