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During the past day, while major cryptocurrencies such as Bitcoin (BTC), Dogecoin (DOGE), Shiba Inu (SHIB) were traded on the red board, 7 altcoins in the top 100 with their market capitalization experienced an increase. As Kriptokoin.com we are reviewing them…

SHIB, these altcoin projects rose while DOGE fell

The altcoin that gained a lot of value was Near Protocol (NEAR) with 18.93 percent. Near is a layer one Blockchain designed as a community-run cloud computing platform. Near Protocol has recently partnered with ChainScore. Built on the Near network, Aurora is listed on Huobi. Also DeFi wallet integrated with DeBank.

Phantom (FTM) ranks second with 18.39 percent. Looking at the recent developments in the network, web 3’s interoperability aggregation protocol O3 Labs’ O3 bridge has announced that it now supports the Phantom chain. Third, Ravencoin (RVN), a P2P network aimed at implementing a use-case-specific blockchain designed to efficiently handle a specific function, gained 17.41 percent. Raven celebrated her fourth birthday yesterday.

Velas gains momentum in partnership with Ferrari

The fourth highest rising altcoin of the day was Velas (VLX). Velas gained momentum with a great partnership. Italian luxury sports car manufacturer Ferrari has entered the blockchain industry by signing a partnership with Swiss blockchain startup Velas Network. Ferrari officially announced Monday that it has signed a multi-year agreement with Velas to jointly release “exclusive digital content” for Scuderia fans. Velas will also be the main sponsor of the online series Ferrari Esports Series, competing in the F1 Esports Series, the official digital championship featuring all teams participating in the FIA ​​Formula 1 World Championship. The announcement describes Velas as a major company in the digital assets and Blockchain industry, emphasizing that the initiative is focused on NFTs.

On the other hand, Curve Dao Token (CRV) is 12.13 percent, Cosmos ( ATOM) rose 11.59 percent and Secret (SCRT) rose 11.07 percent. Curve, the decentralized platform established to manage liquidity, celebrated its second anniversary yesterday. Cosmos, in sixth place, announced that IBC, the system that connects blockchains, processes 2.8 million transactions per month and 28 chains are integrated.


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