The crypto rally that took place between 12-14 March was not only effective on Bitcoin (BTC). Highlighted by crypto analyst Ben GCrypto, these 5 NFT coins stand out with their gains of over 30 percent.
Here are the highlights of the latest crypto rally
LunarCrush-powered rating platform Alt Rank combines platforms’ real altcoin price performance relative to BTC and social activity data to rank cryptocurrencies. Conflux, Stacks, Fetch.ai, ImmutableX and Tezos were listed by Alt Rank as the top 5 NFT coins in the last rally…
Top 5 #NFTs & Collectibles by Alt Rank: March 15th
Alt Rank is a measurement by @LunarCrush that combines actual altcoin price performance relative to #BTC and social activity indicators.@Conflux_Network $CFX @Stacks $STX @Fetch_ai $FET @IMXnftdrops $IMX @tezos $XTZ pic.twitter.com/PfKlCTLkx2— Ben GCrypto (@GCryptoBen) March 15, 2023
Top 5 NFT coins: CFX, STX, FET, IMX and XTZ
Conflux (CFX)
CFX, the cryptocurrency of the Conflux network, recently completed a 40% rally. As of that time, its market capitalization reached $710 million, and $1.2 billion worth of tokens were traded during the same period. CFX thus became the highest performer among the five NFT coins on the list.
Stacks (STX)
STX, the token of the Stacks NFT platform, closely follows the performance of CFX. The STX price has also recently gained over 35%. During that time, the token’s market cap was $1.4 billion, which is almost twice the value of CFX, and its daily trading volume was $736 million. STX is currently listed on Coinbase Pro.
ImmutableX (IMX)
After STX, IMX, the native crypto of ImmutableX, came out first with a 29.3% rally. IMX is capitalized at $1 billion with a daily trading volume of $129 million. Like CFX, IMX is listed on the global crypto exchange Binance.
Fetch.ai (FET)
FET was the fourth highest earner by Alt Rank with a performance of 20.5%. The token’s market cap at the time of ranking was $479 million, with a daily trading volume of $379 million. Let’s point out that he witnessed a great whale migration after Elon Musk tweets, which we quoted as Kriptokoin.com.
Tezos (XTZ)
The last NFT coin in Alt Rank’s top 5 list is XTZ, the native cryptocurrency of the Tezos project. The altcoin recorded a market cap of $1.1 billion while gaining 12.6% at one point yesterday. During the observed 24-hour period, XTZ’s trading volume was $113 million. Like STX and FET, XTZ is listed on Coinbase, making it three of the top 5 Alt-Rank NFT platform tokens to list on the exchange.
All listed altcoins have made significant gains following increased volatility in markets affected by the bankruptcies of mainstream banks. Considering the long-term impact that bank problems can have on global markets, more dynamism is expected by crypto investors. Some users suspect that this could be the catalyst to trigger a much anticipated crypto bull run that could push crypto prices to ATH levels.
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