Bitcoin (BTC) price has started to decline since the night time and has dropped below the $60,000 level at the time of writing. It has dropped 5.3 percent in the last 24 hours. Leading altcoin Ethereum (ETH) also saw a 2.7 percent loss and is changing hands at $4,110. Other major altcoins also tumbled in the 4-7% range. The popular meme coin DOGE, for example, is down 8.1 percent. Meanwhile, 5 altcoins from the top 100 with their market value came to the fore with their rise. Here are the details…
1INCH, SHIB became the star altcoin projects of the day
The highest rising altcoin in the last 24 hours was the decentralized exchange 1inch’s governance token 1INCH. The token went up to $5.73 with an increase of 38.45 percent. According to the latest data, the platform hosted $2.1 billion in weekly transactions. Second, the popular meme coin Shiba Inu (SHIB) gained the most. It hit an all-time high of $0.0000594. Cryptocoin. com
As we reported , SHIB was listed on Paribu yesterday. In addition, SHIB has launched the Shiboshi Social Club, which is exclusive to Shiboshi NFT holders and offers exclusive benefits for all members of the community. It has risen 32 percent in the last 24 hours.
Third, the AAVE token of Aave, a decentralized lending and receiving platform, was up 12.74 percent. Aave is a platform that has come to the fore with many partnerships. The last of these was with Harmony (ONE), which reached an all-time high yesterday.
HOT and ATOM also rose
In fourth place, Holo (HOT) made the highest rise with 11.18 percent. Holochain has recently released version Holochain 0.0. Holo, using Holochain to develop DApps that do not require the use of blockchain technology; It is a peer-to-peer distributed platform built to host decentralized applications.
Most recently, the ATOM of cross-chain network Cosmos rose 7.58 percent, with a report on Tuesday reporting that the Sagan Blockchain is in development. Cosmos is simply creating a new Blockchain that aims to allow developers to experiment with different protocols.