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Daily Crypto News Dec 6, 2021: Top 3 crypto updates for today

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The past week can be called no less than a roller coaster ride for all the crypto investors and traders. With a massive crash on December 4, the crypto market is back on its feet recovering $300 billion. Bitcoin gained back by $8000 and is eyeing $50K. While the altcoins took a major blow but are recovering faster than expected. 

After Nike and Adidas, another big Hotel brand Marriott International’s travel project Marriott Bonvoy enters the Metaverse. It released a travel-based NFT claiming the first to be in the space. Doge Capital reward their users with $DAWG tokens through their NFT staking program. Users can earn as much as 5 $DAWG tokens daily. 

The sixth-largest cryptocurrency by market capitalization, Cardano, hits 1 million wallet staking. It’s a huge achievement for the network within 4 years of its inception. A detailed discussion on all the above articles is below. 

Before diving into these articles and the top losers and gainers for the day, brace yourselves for the Quick crypto news round-up. 

Quick Crypto News Roundup! 

 Daily Crypto News  Dec 6, 2021

Crypto Market recovers $300 Billion after the dump

After all the anticipations and massive crash on December 4, the crypto market has finally bounced back. Bitcoin has also bounced back adding $8000 to its value. The Altcoins have also been performing well and are in green now. While Ethereum is still trying to reclaim its ground, LUNA is all set for a new all-time high. 

The high volatility in the crypto market is no big news for investors and traders and the massive crash of December 4 was an evident example of the same. The altcoins took a major blow than Bitcoin. Ethereum, the second-largest cryptocurrency by market capitalization has been trading around $4200 after a daily increase of 7.5%. 

Read a detailed analysis on the crypto market gaining back $300 billion

Source: Aliens.com

Marriott International Group launches their first travel-inspired NFT in Metaverse 

After all the big names claiming their positions in the metaverse sphere, Marriott Bonvoy has also entered the universe. Marriott Bonvoy, an award-winning travel project under Marriott International has been collaborating with digital artists to create their own NFT based on travel. 

It is one of the first international hotel brands to have claimed its space in the metaverse. The NFT was unveiled on December 4 at the 2021 Miami Beach Art Basel.  

Read about Marriott‘s new metaverse venture in detail. 

Source: Aliens.com

NFT staking program by Doge Capital: Users can earn $DAWG tokens 

An NFT platform built on the Solana blockchain, Doge Capital has unveiled its staking program to the users. The platform is inclined in providing more use cases to the users through the acquisition of NFTs. 

Doge Capital also plans on backing its users via the procurement of other NFTs. Every NFT that Doge capital acquires will be put into the WoofBank which is a community wallet. The native token of the platform $DAWG will be used to reward the users who stake their Doge NFT. The users can earn up to 5 $DAWG tokens each day. 

Read more on Doge Capital and its upcoming ventures in detail. 

Source: Aliens.com

Crypto Market Trend December 6, 2021 

Here is a quick summary of the top crypto gainers and losers for the day. 

Top 3 Crypto Gainers 

Cryptocurrency  Price (latest by December 6, 2021)  Change in % 
PancakeSwap (CAKE) ₹992.23 6.02%
Algorand (ALGO) ₹150.93 10.56%
Basic attention token (BAT) ₹104.83 13.69%

*Prices are latest by 11 AM December 6, 2021.*

Top 3 Crypto Losers 

Cryptocurrency  Price (Latest by December 6,  2021)  Change in % 
MyNeighborAlice(ALICE) ₹1098.54 13.48%
Helium (HNT) ₹2524.73 16%
Quant (QNT) ₹13796.11 17.02%

*Prices are latest by 11 AM December 6, 2021.*

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