Although cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Cardano (ADA) and XRP entered the last day of the week with horizontal movements; Some altcoin projects are on the rise. In this text, cryptocoin.com We will be examining the ones that are in the top 100 according to the market value and the ones that have risen the most in the last 24 hours…
The most rising altcoin project of the day: Kadena (KDA)
Kadena has a single layer 1 proof-of-work Blockchain along with Pact, which is considered one of the most secure smart contract languages. The KDA coin of Kadena, an enterprise-focused blockchain project, continues to rise from the past week. The increase in KDA’s price comes after the project’s website revamp and partnership with Immutable Records, which aims to expand their expansion into the NFT space. Also, Kadena was recently deployed to the Ethereum network with wrapped KDA.
The second highest rising altcoin of the day was Helium (HNT). HNT rose 17.06 percent. The token is tied to Helium, the decentralized network for Internet of Things (IoT) devices. The Helium network has raised $111 million in sales focused on HNT in the past few weeks. Several venture capital firms participated in this sale, including Andreessen Horowitz.
Exchange coins gained value
Third, Avalanche’s AVAX token is up 11.96 percent. Avalanache recently announced a $200 million fund dedicated to the development of the ecosystem. Fourth, cryptocurrency exchange FTX’s FTT Token rose 8.16 percent. On Friday, FTX announced the launch of a $100 million GameFi ecosystem fund with Solana Ventures and Lightspeed Venture Partners.
In fifth place is another exchange coin, Binance Coin (BNB). Since BNB is the native token of Binance, the largest cryptocurrency exchange by trading volume, it can rise or fall depending on the news about the stock market. Recently, Binance announced a fan token deal with one of the famous football clubs, Porto, after which BNB also experienced a rise. Sixth and seventh places are Nexo (NEXO) and Arweave (AR). Popular altcoins NEXO gained 7.4 percent, while AR gained 5.63 percent.
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.