While Bitcoin (BTC) and other major altcoin projects have been on the decline for the past 24 hours, there have been some bullish ones from metaverse, meme and web3 coin projects. Here are the ones that gained the most value in the 24-hour period…
Five metaverse coins gained value
First of all, crypto money, which has an increase of close to 100 percent in the metaverse area, attracted attention. GameX (GMX) rose 97.5 percent in the last 24 hours to $ 0.00015. Subsequently, ChainCade (CHAINCADE) gained 72 percent, while Cappasity (CAPP) rose 28.7 percent. Cappasity announced yesterday that it is a part of Tata Consultancy Services COIN Business Accelerator program. Ariva (ARV) gained 16.8 percent and PlayNity (PLY) gained 14.2 percent.
Only two meme coins rose
Meme coins, unlike the other days, experienced less uptrend. The most appreciated meme coin was LiteDoge (LDOGE) with 59.8%. JejuDoge (JEJUDOGE) followed with 21.4 percent. JejuDoge is a South Korea-based coin and was released on May 12, 2021. LiteDoge (LDOGE), on the other hand, is an open-source peer-to-peer cryptocurrency that was forked from the Bitcoin network in 2015. LiteDoge was created by Shawn Macgregor of Paso Robles, California.
There was also an increase in the Web3 area
Looking at Web3 coins, DODO (DODO) with 23.32%, DeepBrain Chain (DBC) with 16.7% and With 8.79 came Litentry (LIT). DODO is a unique proactive market maker (PMM) algorithm, a DeFi protocol and on-chain liquidity provider that aims to offer better liquidity and price stability than automated market makers (AMMs).
DeepBrain Chain, on the other hand, was founded in November 2017 with the vision of creating an infinitely scalable, distributed high-performance computing network based on Blockchain technology and becoming the most important infrastructure in the 5G+AI era. Litentry, on the other hand, is a data management infrastructure that helps support the exchange in favor of a user-centric network with Blockchain.
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