The overall cryptocurrency market continues to show signs of recovery on the first day of the weekend. Meanwhile, some metaverse, web3, and meme coin projects were on the rise. Here are the details…
These metaverse coin projects made the leap
In the last 24 hours, the metaverse coin GameX (GMX) has been the most bullish. GMX gained 65 percent in value. StarSharks SEA (SEA) followed with 25.9 percent and Decentraland (MANA) with 22.7 percent. Mana showed a similar price performance compared to most tokens in the market as it made up for the loss of the last three days. MANA still has to recover around 100 percent to return to pre-dump values. Finally, Victoria VR (VR) stood out with 15.2 percent and vEmpire DDAO (VEMP) with 13.2 percent.
vEmpire DDAO has recently announced that it has partnered with game economics supervisor Machinations. Victoria VR, on the other hand, is trying to launch its alpha network. In the team’s latest update, he stated that “the technical phases of the alpha are being worked on” and that “they will provide information about the exact launch date as well as those who test the alpha version”.
Meme coins exploded
Meme When looking at coin projects, the rise rates seem to be much higher than metaverse coins. First of all, HotDoge (HOTDOGE) gained 57.1 percent. Then Kitty Coin Solana (KITTY) came to the fore with a 45 percent increase. While announcing an airdrop, KITTY mentioned that there will be some news about the roadmap next week. This may have excited some investors.
Bill (BILL) 37.5 percent, Vita Inu (VINU) percent 31.7, IoTexSHiba (IOSHIB) gained 25.7 percent. Vita Inu reported that it received a 93 percent trust score from the famous Blockchain auditor CertiK. Shih Tzu (SHIH) gained 22.6 percent and Poodl Token (POODL) gained 19.3 percent. Cat Token (CAT) gained 15.7 percent, while DogeFi (DOGEFI) gained 15.3 percent and Kawakami (KAWA) gained 14.8 percent.
Only 2 web3 coins saw an increase
Compared to the rise in metaverse and meme coins, the coins of projects focused on the web3 domain seem to have experienced less uptrend. The coin that stood out the most with its rise in the last 24 hours was Deeper Network (DPR). Deeper Network, which has experienced a rise of 20 percent, announced the release of “Fundamental Mining 2.0”, which its community has been waiting for. Next came Steem (STEEM), a community-driven blockchain that creates instant earnings opportunity for network users. Designed to provide users with an opportunity to earn based on their value in the network, STEEM has risen 12.44 percent in the last 24 hours.
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