Internet Computer Price(ICP)

Ben GCrypto shares the top 10 biggest metaverse tokens.Internet computer (ICP) is the biggest metaverse token by market cap.SAND’s weekly performance is struggling as it is currently in the red by more than 19%.Yesterday, the CEO of Generation Crypto Media Channel who goes by the name of Ben GCrypto took to Twitter to announce the top 10 Metaverse cryptocurrencies by market cap.In the top position is Internet computer (ICP). The crypto is currently trading at $3.71 after a 2.81% increase in price over the last 24 hours. The crypto is, however, in the red by more than 6% over the last week, at press time. With its market cap of $1,035,978,055, ICP is currently the 37th biggest cryptocurrency overall in terms of market capitalization.Axie Infinity (AXS) takes the second spot, currently priced at $6.77. AXS weakened against Bitcoin (BTC) and Ethereum (ETH) by about 0.67% and 1.07% respectively over the last day, at the reporting time.The Sandbox (SAND) is the third biggest Metaverse token on the list. This crypto is currently worth $0.4446 after a 1.18% increase in price over the last day. SAND’s weekly performance, however, is struggling a bit as the price of the token is down by more than 19% in seven days.The other Metaverse cryptos in the top five include Decentraland (MANA), which is currently in the green by just over 0.01%, and Enjin Coin (ENJ) which is down by 0.24% over the last 24 hours.The other Metaverse cryptos in the top 10 are Magic (MAGIC), Render (RNDR), Merit Circle (MC), FLOKI (FLOKI), and Illuvium (ILV).

Avalanche is an open-source decentralized blockchain developed platform to solve limitations on different decentralized protocols.Hence, its operations cut across high scalability, speedy execution of transactions, and lower transaction costs. With this height in performance, Avalanche has remained one of the top competitors of Ethereum.The blockchain has rolled out several products and applications to achieve tremendous and innovative growth. Some have created an exciting experience for users and other DeFi developers in the crypto space.Are The Claims True Or False?A recent report reveals that a crypto group known as CryptoLeaks has laid a serious claim against Ava Labs. CryptoLeaks is a group that exposes diverse corruption and deceits within the crypto industry. The group alleged the parent company of Avalanche blockchain, Ava Labs, is using anti-competitive approaches in its operations.According to CryptoLeaks, Ava Labs is involved in concerted practices that could upset all its competitors. Also, the group accused Ava Labs of avoiding regulatory rules with its questionable actions.Further, in its allegations, the group implicated Roche Freedman, a law firm based in New York. It cited that Freedman gathered some sensitive data against the top competitors of AVAX, which it uses to set them on lawsuits. With its action, the firm has rewards in Ava Labs’ stock and AVAX tokens.To substantiate its claims, CryptoLeaks released some videos to the public. One of the videos showcased a staff of Roche Freedman, Kyle Roche, confirming some of the allegations.Kyle confessed that they had been involved in different anti-competitive activities. The team revealed that their deals with Ava Labs run as far back as September 2019. In addition, he mentioned that the law firm initiated some actions against crypto networks, such as Solana and Dfinity.On his part, Ava Labs’ CEO, Emir Gun Sirer, reacted to the allegations from the crypto group, CryptoLeaks. The CEO maintained that all the claims from the group were based on a conspiracy theory. Furthermore, he stated that Ava Labs has never been involved in practices that could be termed unethical or illegal.For CEO Sirer, all the published negative articles and videos against Ava Labs are inflammatory. However, the CEO reassured the public that the achievements of the networks are all from Avalanche tech team efforts that would never be hidden.ICP Could Have A Connection With Avalanche PropagandaIn another development, there is speculation that ICP is possibly behind the propaganda. According to a notable crypto influencer, Cobie, ICP could have a connection to the expose, although the video is incriminating Avalanche. In addition, ICP is the parent firm of Dfinity, part of the competitors that Roche Freedman acted against.Another person, Andrew T of Nansen AI, supports the opinion of ICP connection. Andrew believed that the allegations from CryptoLeaks could be that Dfinity instigated the group by offering it a reward.CryptoLeaks has not said any favorable comments concerning ICP in the past. Instead, the group laid an attack worth multi-billion dollars against ICP holders.

Crypto Space is undergoing a roller coaster ride as most of the assets are currently hovering within an upper consolidation. The asset which maintained a notable upswing a couple of days before now appears to have exhausted to some extent. On the other hand, the popular DeFi token Yearn.Finance(YFI) reached the top of the gainer’s list with a notable spike of 9.45% since the day’s start and more than 86% in the past couple of days. Top Gainers: Yearn.Finance(YFI), Internet Computer(ICP), Filecoin(FIL)Yearn.Finance (YFI) PriceYearn Finance price which once displayed a monstrous rally to become the only crypto to visit the levels close to $100K, appears to have again ignited a significant upswing from the past couple of hours. The asset broke the descending consolidation and pulled a massive leg up to regain the levels above $11,000. Moreover, the asset is not facing huge bearish pressure presently which could indicate the asset’s preparedness to maintain a strong upswing during the weekend.Internet Computer(ICP) PriceThe ICP price after rebounding from the monthly lows below $5, maintained an ascending consolidation for nearly a month. However, in the past couple of days, the asset gained extreme bullish momentum which uplifted the price close to $10. Presently, the asset is facing a slight bearish pressure, as the prices have corrected by 8% since the daily highs. However, the bulls appear to be a little exhausted now but may make it towards the double-digit figure during the weekend.Filecoin (FIL)Filecoin price had been under immense bearish pressure ever since the asset reached its highs close to $240 in April 2021. However, the asset maintained a parallel consolidation since the beginning of 2022, which was slashed down by a series of negative rounds within the crypto space.After an extended accumulation, the FIL price broke above the descending parallel channel without much bearish pressure. On the other hand, significant buying volume has accumulated and hence the asset may rise beyond $10 before the monthly close. Top Losers: Ethereum Classic(ETC), Thorchain (RUNE), Synthetix(SNX)Ethereum Classic(ETC)Ethereum Classic price after undergoing a steep drop in the past couple of months had surged high by nearly 240% in the past fortnight. However, after a gigantic rally, the bulls appear to have completely exhausted which led to a drop of nearly 7% to 9% since the early trading hours. While the bullish momentum still appears to be intact, the ETC price is expected to resume the upswing soon. With the rebound, the price may easily regain the lost levels beyond $50 initially and later follow a strong uptrend to test the next resistance levels.Thorchain (RUNE)Thorchain price, on the other hand, is trending within a descending triangle for a pretty long time. Additionally, the asset is consolidating for an extended period displaying huge accumulation much required for a strong breakout. After a breakout, which is expected not before a fortnight, may uplift the price close to $8. As the trend is within a descending triangle, a rejection from the upper resistance at $8 appears to be imminent. Synthetix(SNX) Synthetic price has flipped the lower support of the bullish falling wedge pattern, since the beginning of July and gained more than 80%. The asset which was among the top gainers has declined heavily in the past 24 hours, mainly due to the exhaustion of the bulls. After a brief consolidation, the prices are expected to surge high after breaking out from the falling wedge. Therefore, the initial target to reach would be around $5, sustaining above which may ignite an upswing to $8. The post Top Gainers & Losers for the Day, YFI, ICP, FIL Surge High, While ETC, RUNE, SNX Price Tank Notably appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide