While cryptocurrencies such as Bitcoin, Ethereum, Binance Coin, Cardano, XRP have not experienced a serious change in the last 24 hours; 7 altcoins in the top 100 according to market value recorded the highest rise in this process. cryptocoin.com We examine them as…
Avalanche becomes the altcoin leader of the day
On the morning of the last day of the week, the most valuable altcoin was Avalanche (AVAX). AVAX gained 13.87 percent. Announcing a $200 million ecosystem fund called Blizzard at the beginning of November, there has been an increase in the amount of transactions in Avalanche’s C-Chain. In addition, the number of projects in the network increased to 358 in the last 13 months.
The second most rising altcoin was Loopring (LRC), whose name we heard frequently throughout the week. Loopring is a second layer (L2) scaling solution for the Ethereum network that uses zk-Rollups to help lower fees and increase throughput for decentralized exchanges (DEX) and payment protocols. LRC continues to rise after L2 solutions gain momentum as fees on the ETH network remain high.
In third place is KuCoin Token (KCS). KCS, the token of the central cryptocurrency exchange KuCoin, has gained 12.61 percent in the last 24 hours. The value of exchange tokens is usually related to the developments in that particular exchange. In fourth place is IoTeX (IOTX). Being an open source project, IoTeX is a project that set out to build a decentralized platform. IoTeX developers recently announced that the beta version of iotexscan v2 has been released.
Other valuable coins: RUNE, CRO and LPT
Next up is THORChain’s RUNE token. THORChain is a decentralized liquidity protocol that allows users to easily exchange crypto assets between various networks without losing full custody of their assets. RUNE has gained 8 percent in the last 24 hours. Recently, the NFT collection ThorGruards, inspired by THORChain, has started to be sold in high volumes. This may have affected the RUNE price, albeit indirectly.
The sixth highest-valued altcoin became another stock market token. The Crypto.com platform’s CRO token rose as much as 7 percent. Finally, the LPT token of Livepeer, the decentralized broadcasting platform built on the Ethereum (ETH) network, which offers a blockchain-based alternative to centralized broadcasts, rose 7.63 percent. Livepeer was on the rise with the protocol hosting the COLLIDE event with Glass and the first live concert featuring a live edition of NFTs.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.