Bitcoin is trading at $62,683 with a 0.5% decrease, while Ethereum is changing hands at $4,216 with a 1% increase. Other top cryptocurrencies such as BNB, ADA, DOGE are also trading sideways. Meanwhile, 6 altcoins gained the most value among the top 100 cryptocurrencies by market capitalization. Here are the details…
The highest rising altcoin project of the day was Secret (SCRT)
Having risen 35.9 percent in the last 24 hours, SCRT is the native coin of Secret Network, a blockchain with data privacy for smart contracts. The network allows you to create and use both permissionless and privacy-protecting applications. This functionality protects users, secures applications, and unlocks hundreds of use-cases for Web3 that were not possible before. Secret has recently partnered with renowned NFT marketplace OpenSea for an NFT collection it will launch in November. Today, AnonsNFT, the first Secret Network PFP collectible, is being released.
Second, the CRV token of Curve, the decentralized exchange focused on stablecoins, surged 20 percent. Third, the NEAR token of Near Protocol, a low-cost protocol designed to make decentralized applications available on the internet, rose 18.13 percent. Cryptocoin. com, which is also on our list we prepared yesterday, the NEAR price rally took place when the protocol hosted the Nearcon event and also announced an $800 million ecosystem development grant aimed at promoting growth in the NEAR ecosystem.
ONE hits all-time high
Harmony (ONE), focused on decentralized applications (dApp) and using cross-sharded contracts and cross-chain infrastructure across multiple blockchains, rose as much as 16 percent. ONE hit an all-time high of $0.36 on the backdrop of its bullish momentum. The reasons for the rise of ONE include the launch of the $370 million ecosystem development fund, the successful completion of the Harmony One World conference in Lisbon, and the launch of many big-name protocols on the Harmony network.
Finally, the top coins were Fantom’s FTM and Internet Computer’s ICP. Fantom successfully ended the “Phantom Developer Conference” the other day. Internet Computer founder Dominic Williams will attend Blockchain Week in Shanghai as a speaker today.