Home Crypto Market Movers Shiba Inu and Stellar Lumens Outshine the Market; Quant and Trust Wallet Token Face Setbacks

Shiba Inu and Stellar Lumens Outshine the Market; Quant and Trust Wallet Token Face Setbacks

Bear Bull Trading day

In today’s crypto market, Shiba Inu (SHIB), Apollo Currency (APT), Polkadot (DOT), Stellar Lumens (XLM), Bitcoin Cash (BCH), and Sui (SUI) stand out as the top gainers. On the other hand, Quant (QNT), Frax Share (FXS), Trust Wallet Token (TWT), Injective Protocol (INJ), Optimism (OP), and Luna’s brother token, LUNA Classic (LUNC) faced a downturn.


    1. Shiba Inu (SHIB): The meme-coin market isn’t showing any signs of cooling down, with Shiba Inu leading the pack. Shiba Inu’s rally could be attributed to the robust community behind it, driving up demand and causing a significant price surge.
    2. Aptos (APT): Aptos has had a significant price increase today. Aptos is a scalable blockchain protocol based on a Proof-of-Stake consensus mechanism, aiming to offer fast, secure, and efficient decentralized applications and crypto transactions. It’s possible that recent developments or news related to Aptos have attracted increased interest from investors, leading to its price surge.
    3. Polkadot (DOT): As a multi-chain platform that connects different blockchains into a single unified network, Polkadot’s growth indicates a rising demand for interoperability solutions in the crypto space.
    4. Stellar Lumens (XLM): Stellar has been receiving increased attention due to its mission of facilitating low-cost, high-speed cross-border transactions.
    5. Bitcoin Cash (BCH): Being a hard fork of Bitcoin, BCH has shown considerable resilience and adaptability, attributes that might have contributed to its good performance.
    6. Sui (SUI): This newcomer in the crypto space has been making impressive gains. It will be interesting to see if this growth is sustainable in the coming days.


  1. Quant (QNT): Despite its promise to connect different blockchain networks for more effective collaboration, Quant faced a challenging day.
  2. Frax Share (FXS): FXS, the governance token of the Frax protocol, also saw a decline, highlighting the risky nature of DeFi investments.
  3. Trust Wallet Token (TWT): Trust Wallet’s native token faced losses, potentially as a result of market fluctuations and investor sentiment.
  4. Injective Protocol (INJ): Despite its goal of creating fully decentralized trading, INJ faced a downward trend, possibly due to broader market conditions.
  5. Optimism (OP): Optimism, despite its innovative Layer-2 solutions for Ethereum scalability, also faced a decline.
  6. LUNA Classic (LUNC): Following in the footsteps of Luna, LUNC also encountered a downtrend, indicative of the volatility of the crypto market.


Despite the dynamic and volatile nature of the crypto market, it continues to offer a wealth of opportunities for investors. Today’s top gainers, led by Shiba Inu, exemplify the vast diversity of projects within the crypto ecosystem. However, the downturn faced by tokens like Quant and Frax Share underscores the inherent risks in crypto investing. Understanding these market shifts is crucial for making informed decisions, so continue tracking these daily analyses for the most recent trends.

Remember, the crypto market is subject to rapid changes. Always do your research and consider your risk tolerance when investing. The key is to stay informed and make decisions that align with your personal investment goals.

Read more about:
Share on

Sydney Ifergan

Sydney has 20+ years commercial experience and has spent the last 10 years working in the online marketing arena and was the CMO for a large FX brokerage.

Crypto newsletter

Get the latest Crypto & Blockchain News in your inbox.

By clicking Subscribe, you agree to our Privacy Policy.