© Reuters.
NEW YORK – The cryptocurrency market saw a slowdown today, with digital currencies Pundi X (New) (PUNDIX) and Shentu (CTK) both seeing declines. PUNDIX saw its market capitalization reach $124.41 million with a trading volume of $2.78 million, while Shentu’s market valuation stood at around $100 million with a trading volume close to $3 million.
The past week has been tough for these cryptocurrencies, with PUNDIX down 2% and Shentu down almost 7%. This downward trend is not isolated, as related cryptocurrencies such as KILT Protocol, Aidi Finance, Zoo Token, and CareCoin also suffered declines ranging from two to six percent.
Unlike the general market collapse, some cryptocurrencies have managed to break free from the trend. Kitty Inu and Hokkaidu Inu both posted gains, with Kitty Inu appreciating almost 2%. These variable performances highlight the volatility and diversity of dynamics in cryptocurrency markets.
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