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As of 7:15 a.m. UTC on May 30, $ADA, $DOT, $AVAX, and $SHIB are leading the top 20 cryptoassets by market cap with double digit percentage again (vs USD) in the past 24-hour period.
$SHIB is leading this group of four with a gain of 14.4%, and is followed by $ADA, $AVAX, and $DOT that are enjoying gains of 11.8%, 11.4%, and 10.0% respectively.
At the time of writing (7:16 a.m. UTC on May 30), the 8th, 10th, 15th, and 16th ranked cryptoassets by market cap — Cardano ($ADA), Polkadot ($DOT), Avalanche ($AVAX), and Shiba Inu ($SHIB) — are trading around $0.52, $10.43, $27.56, and 0.00001226 respectively.
Dan Gambardello, Founder of Crypto Capital Venture, points out that there ar enow over five million natibe assets on the Cardano network.
5 million native assets on #Cardano$ADA https://t.co/SaGQd0IaKX
— Dan Gambardello (@cryptorecruitr) May 29, 2022
Pseudonymous crypto analyst “IncomeSharks” has this to say about $DOT’s latets price action:
$DOT – Another alt I'm looking to short on the lower time frame. Just natural resistance. Most likely bulls back from the weekend scam pump then next week breaks the resistance. Always be more suspicious of weekend pumps pic.twitter.com/i3J26SbBtB
— IncomeSharks (@IncomeSharks) May 30, 2022
As for Avalanche, crypto analyst Ali Martinez was not surprised that $AVAX had managed to rebound above the $28 level (at around 6:13 a.m. UTC on May 30).
#Avalanche $AVAX hit my bullish target at $28 as anticipated. ? https://t.co/lsNiIg7LgH pic.twitter.com/4a8izwn8UP
— Ali Martinez (@ali_charts) May 30, 2022
And finally, with regard to Shiba Inu, according to pseudonymous $SHIb influencer “$SHIB KNIGHT”, it looks like over 2.41 billion $SHIB tokens have been burnt in the past seven-day period.
2.41 Billion $SHIB Burnt in 7 Days ??https://t.co/KEBez8jP9G
— $SHIB KNIGHT (@army_shiba) May 30, 2022
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