While major coins such as Bitcoin, Cardano (ADA), Ethereum (ETH) and Shiba Inu (SHIB) have been falling in the last 24 hours; many altcoin projects gained momentum and took off. Cryptocoin. com
As , we examine the ones that are in the top 100 according to market capitalization and gain the most value. It is worth noting that Web 3.0 coins marked the market…
The highest-earning altcoin was The Sandbox (SAND)
SAND, which has attracted attention with the popularity of the metaverse field, has been on the rise for a while. Sandbox, the Hong Kong-based gaming platform behind the altcoin, which has risen 66.48 percent in the last 24 hours, has raised $93 million in a round led by SoftBank’s Vision Fund 2. The second highest earning coin of the day was LRC, the Ethereum-based token of Loopring, an open protocol designed for the creation of decentralized crypto exchanges. The LRC was up 33.54%.
Ankr, a Web 3.0-oriented platform, has experienced a rise both due to the acceleration of this field and the announcement of the launch of Ankr Protocol. The ANKR token experienced an increase of 27.42 percent. The AUDIO token of Audius, another Web 3.0-focused platform, also rose 18.57 percent. Chiliz (CHZ), which provides services in the field of sports and entertainment, also achieved an increase of 17. 15 percent as one of the highest risers. CHZ has recently entered the non-fungible token (NFT) space.
Metaverse coins continue to rise
Metaverse-focused altcoins started to gain value as a result of Facebook changing its name to Meta. Many continue this increase in value. In the last 24 hours, Decentraland (MANA), Enjin Coin (ENJ) are up 13.8 and 13.23 percent respectively. On the other hand, Holo (HOT) increased by 13.39 percent. Holo is a peer-to-peer distributed platform for hosting decentralized applications built using Holochain.
0x (ZRX), an infrastructure protocol that allows users to easily exchange ERC20 tokens and other assets on the Ethereum Blockchain without relying on centralized intermediaries like traditional cryptocurrency exchanges, 13.2 percent, experimental Blockchain platform Kusama dubbed Polkadot’s “cousin” ‘s KSM token rose 12.56 percent. Behind Kusama’s rise, Polkadot (DOT) may be reaching all-time highs.