1 November Crypto Price Update: Pepe Coin Drops, BTC and THETA Drive Gains

Crypto News– 1 November crypto price update: Today’s cryptocurrency market marked a promising start to the month, carrying forward the positive momentum that had been building throughout October. This ongoing surge aligns with the prevailing “Uptober” sentiment commonly observed in the digital asset space. It’s worth noting that the crypto market’s fear and greed index currently stands at 72, signaling a prevailing “greed” scenario among market participants.

1 November Crypto Price Update: Pepe Coin Drops, BTC and THETA Drive Gains

Meanwhile, investors are eagerly anticipating the Federal Reserve’s decision regarding interest rates, a pivotal factor that could significantly influence the market’s future performance. Federal Reserve Chair Jerome Powell is scheduled to hold a press conference later today.

The Best 4 Cryptos of the Day Are

Pepe Coin Slips 2%

Pepe coin, a meme cryptocurrency, has garnered significant interest from investors in recent days. Nevertheless, the price of Pepe coin currently stands at $0.000001153, reflecting a 1.98% decline as of Wednesday. This dip mirrors the prevailing pessimism surrounding meme coins. Additionally, its trading volume from the previous day dropped by 19.53% to $117.10 million.

Theta Network (THETA) Sees a 10% Surge

On November 1, the price of Theta Network exhibited a notable increase of 9.96%. As of the time of writing, it was trading at $0.7592, solidifying its position as one of the top performers for the day. During the last 24 hours, its trading volume experienced a remarkable surge, soaring by 503.98% to reach $92.32 million. Simultaneously, the market capitalization of Theta Network also witnessed a significant rise, growing by 9.77% to reach $758.70 million.

Arweave (AR) Gains 7% in Value

Arweave cryptocurrency has extended its upward momentum from yesterday, maintaining its position among the top-performing assets in today’s market. The price of Arweave increased by 6.73% to reach $6.12 at the time of writing. Additionally, its market capitalization experienced a significant 7.42% jump, reaching $403.28 million. Meanwhile, the trading volume over the past 24 hours saw a notable 18.91% increase, reaching $23.26 million.

XDC Network (XDC) Skyrockets with a 5% Surge

XDC Network has shown a 4.54% increase in its trading price, reaching $0.0516. At the same time, its trading volume over the past 24 hours witnessed a notable 19.99% decrease, now standing at $7.24 billion. Remarkably, its market capitalization also exhibited a matching 4.54% growth, reaching $718.71 million.

While there isn’t any specific news driving this recent price surge for XDC, it appears that the prevailing positive sentiment in the market has played a significant role in propelling these gains.