The cryptocurrency market has been on the rise following the Fed’s interest rate decision. While Bitcoin (BTC) has risen above $39,000, other altcoin projects have also been on the rise. Meanwhile, metaverse, meme, and web3 coin projects were on the rise.
12 metaverse coins gained momentum
As we have also reported as Kriptokoin.com, many metaverse projects have emerged after Facebook’s Metaverse move. At the time of writing, many metaverse coins have increased in value. The most bullish metaverse altcoin was Netvrk (NTVRK), with an increase of 22.3 percent. After NTVRK, Mist (MIST) rose 19.9 percent. Benzene (BZN) gained 17.8 percent and Supremacy (SUPS) gained 17.8 percent. Axie Infinity (AXS) gained 15.9 percent and Vulcan Forged (PYR) gained 14.6 percent.
GridZone.io (ZONE) rose 13.9 percent, Magic (MAGIC) rose 13.1 percent, Moonvale (MONA) rose 11.7 percent. vEmpire DDAO (VEMP) gained 11.3 percent, while Render Token (RNDR) and Torum (XTM) gained 11 percent.
6 meme coins rose
Among meme coins, DogeBonk (DOBO) gained 18.9 percent to top the list of the highest risers in 24 hours. IoTexShiba (IOSHIB) gained 13.3 percent. Then Kishu Inu (KISHU) gained 12.8 percent and PolyDoge (POLYDOGE) gained 12.3 percent. Finally, Phantom Doge (RIP) came with 11.3 percent and LiteDoge (LDOGE) with 10.8 percent.
Five altcoins rallied among Web3 coins
Ethereum Name Service (ENS) in Web3 domain gained 16.34 percent. Ethereum Name Service has been a coin that gained momentum with the increasing demand for Ethereum domain names. Also, the ENS DAO management token airdrop was launched recently. This airdrop process ended in the morning today. Outside of ENS, Steem (STEEM) rose 15.89 percent. It was followed by Golem (GLM) with 14.85 percent, Mask Network (MASK) with 13.78 percent, and finally PARSIQ (PRQ) with 12.49 percent.