Cryptocurrency as an asset and its trade is not illegal but it is still considered an unregulated domain in India. Despite market volatility and legal ambiguity, many investors are attracted to investing in digital currencies. The rate of people investing in cryptocurrencies has been outgrowing internet users since 2018.
In the last 24 hours, seven cryptocurrencies yield their investors have received very high returns on their investments. Investors have received returns of up to 5,576 percent with investment in these cryptocurrencies. The global crypto market cap has fallen 1.78 percent in the last 24 hours but investment has risen 3.7 percent making it to $ 109.48.
Investors received 5576 percent return on Gravitoken, 3976 percent on MaticVerse, 263 percent on Playkey, 201 percent on Axia Protocol, 188 percent on Pop Network Token, 128 percent on Ethverse and 107 percent on Avakus. If the return is calculated then an investor investing some lakhs in Gravitoken will yield the return in crores.
Some currencies are on the rise even though the crypto market is down. Total global cryptocurrency market capitalization fell 0.66 percent to $ 2.16 trillion in the last 24 hours. As well as the top four cryptocurrencies, Bitcoin, Ethereum, Cardano and Binance Coin were witnessing declines.