A few altcoins are performing impressively, while major cryptocurrencies such as Bitcoin, Ethereum, Cardano remain below critical levels and trade sideways. While the value of the global crypto money market, which has gained $ 50 billion in the last 24 hours, is $ 1.96 trillion, here are the coins that have experienced the highest rise…
The most rising altcoin was DYDX
As we reported , DYDX has been on the rise for the past few days as China’s crypto traders focus on decentralized margin trading protocol as Beijing moves to crack down on cryptocurrencies. The governance token of decentralized exchange dYdX has risen 31.55% in the last 24 hours. dYdX airdropped the governance token to users on September 8th.
Second, the OKB token of the central exchange OKEx rose. OKB is the utility token that allows users to access special features of the crypto exchange. The coin is used to calculate and pay transaction fees, give users access to voting and management on the platform, and reward users for holding OKB. OCD has gained 15.79 percent in the last 24 hours. On the other hand, Perpetual Protocol’s PERP token, built on the automated market maker (AMM) design released in late 2019, posted a 12.29 percent increase in value.
AXS, whose number of investors increased, also gained value
The fourth most valuable altcoin was Axie Infinity (AXS). AXS is the token of the popular NFT gaming platform Axie Infinity. Active AXS owners hit an all-time high as Axie Infinity continues its impressive performance this year. According to data provided by IntoTheBlock, ownership of Axie Infinity Shards (AXS) is increasing, with 17,480 address holders. This figure represents an all-time high (ATH) and a 420 percent year-to-date (YTD) increase.
Most recently, Arweave (AR), a decentralized storage network aiming to provide a platform for storing data indefinitely, gained 9.70%. Arweave launched Crypto, a cryptocurrency exchange, at noon yesterday. listed on com.