Altcoin prices also rose as Bitcoin (BTC) and Ethereum (ETH) showed slight signs of recovery. cryptocoin.com We will be sharing the top 11 altcoins, which are in the top 10 according to their market value, and the highest rising.
Popular altcoin SAND continues to rise
The highest riser of the day, as it was yesterday, was The Sandbox’s SAND token. Part of The Sandbox’s metaverse base will launch on November 29, and the multi-week play-to-win event may have led to a spike in the token. A potential Adidas partnership of The Sandbox was also raised, which also impacted value appreciation. In second place is Audius (AUDIO). AUDIO experienced a 26 percent rise. Looking at the recent developments in the network, it stands out that now Twitter and Discord users can embed NFTs on these platforms via Audius. “Embedded” functionality aims to improve fan engagement through the use of NFTs and Web 3.0 integration.
The third highest rising altcoin was Zcash (ZEC). Behind ZEC’s gains in value, which rose 26.32%, is the enthusiasm surrounding the core protocol’s transition from proof-of-work (PoW) to proof-of-stake (PoS). In fourth place was XDC Network (XDC) which earned the most. The XDC token of XDC Network, an enterprise-ready hybrid blockchain technology company, rose 24.13 percent.
LRC, BORA, CRO, ONE also rose
Fifth, the LRC token of Loopring, an open protocol designed for the creation of decentralized crypto exchanges, is up 19.01 percent. Following LRC is Bora (BORA), which describes itself as a decentralized entertainment platform that distributes digital content and provides incentives to participants. This coin experienced an increase of 18.18 percent.
The famous stock market Crypto.com’s CRO token was also one of the tokens that continued to rise. The weekly gain of the coin, which has gained 16.73 percent in the last 24 hours, is close to 100 percent. Behind this rise are factors such as the stock market’s acquisition of the naming rights of Staples Center and its popularity in the mainstream. Eighth place is Harmony (ONE), which is used for the creation of decentralized applications. ONE has gained 16.18 percent in the last 24 hours.
Gaming-oriented coins maintain their momentum
In the last places are the popular gaming-oriented tokens Gala (GALA) and Enjin Coin (ENJ). ENJ rose 13.98 percent, while GALA gained 15.11 percent. Finally, Immutable X (IMX), the first layer-2 scaling solution for NFTs on Ethereum, gained as much as 12.69 percent.
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