Crypto Price Today (September 17): MYX and AERO Surge, Monero Tumbles - Market Momentum Shifts
Digital assets show mixed signals as emerging tokens outperform privacy-focused veterans.
MYX and AERO lead today's charge with impressive gains, capturing trader attention while established privacy coin Monero faces headwinds. The divergence highlights crypto's relentless rotation—where yesterday's darlings become today's drags.
Market analysts point to shifting sentiment favoring protocol innovation over legacy privacy narratives. Retail flows chase momentum while institutional money remains cautiously selective—typical behavior in transitional phases.
Meanwhile, traditional finance pundits still can't decide whether crypto is the future of money or just a highly volatile casino for millennials. Some things never change.
Today's action proves once again: in crypto, you're either riding the wave or watching from the shore.
Top Gainers Push Market Higher
MYX Finance (MYX) was the top gainer after a 58.34% jump, trading at $17.24 with a trading volume of over $597 million. In second place, Aerodrome Finance (AERO) saw an increase of 6.19%, reaching $1.28, backed by a volume of $132.15 million.
Story (IP) was also among the gainers’ side, climbing 6.11% to hit $10.10 with $110.41 million in trades. Meanwhile, Sky (SKY) rose by 5.81% to $0.07609, and PancakeSwap (CAKE) moved up 4.62% to $2.56.
Monero Leads Decliners
Monero (XMR) took the lead as the biggest loser, dropping 4.65% to settle at $303.08, with a trading volume of $143.99 million. Following closely was Worldcoin (WLD), which fell 3.22% to $1.51, and MemeCore (M), which saw a decline of 3.07% to $2.42.
Sei (SEI) saw a drop of 2.04%, landing at $0.3119, while Ethena (ENA) fell by 1.89% to $0.689. Despite the decline, Ethena had the highest trading volume among the losers, with $454.88 million.
Market Overview
According to the cryptomarket overview data, Market sentiment was steady, shown by the Fear and Greed Index sitting at 51.
Meanwhile, with the Altcoin Season Index at 71, it is evident that Bitcoin dominates the altcoin market. Bitcoin accounted for 57.5% of the market share, while Ethereum was at 13.5%, leaving the rest of the altcoins with 29.1%.
According to the Coimarketcap chart, ETF flows took a positive turn, bringing in $230.6 million in net inflows.
Derivatives activity was also robust, with perpetual contracts reaching $930.29 billion and futures at $3.97 billion. Bitcoin’s implied volatility was at 38.24, but Ethereum’s was notably higher at 66.57.
Altcoins like MYX Finance are gaining as more investors jump in, but Monero’s drop proves the market is still unpredictable.
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