There was activity in many altcoins in April.
There was activity in many altcoins in April. We left behind a month with ups and downs due to the fluctuations in the market. According to CoinMarketCap data, the top 5 altcoins among 100 crypto assets in terms of market capitalization in April are as follows;
- STEPN (GMT)
- ApeCoin (APE)
- Kyber Network Crystal v2 (KNC)
- XDC Network (XDC)
- Neutrino USD (USDN)
STEPN (GMT): STEPN is the first move2earn mobile NFT game powered by Solana, where players can walk, run, outdoors with an NFT Sneaker to earn tokens. STEPN was the top earning token with 23.22% in April.
ApeCoin (APE): ApeCoin is the local government token that strengthens the decentralized community structure of the APE ecosystem. The APE ecosystem includes the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) community, two of the most popular NFT collections on the Ethereum blockchain. ApeCoin ranked second on the list of top earning coins with a rate of 21.28% last month.
Kyber Network Crystal v2 (KNC): Built on top of the Ethereum blockchain, the Kyber Network is defined as a liquidity protocol hub that collects liquidity from multiple sources to enable secure and instant transactions in any decentralized application (DApps). KNC ranked third among the top-paying tokens with 16.99% last April.
XDC Network (XDC): XDC Network, formerly XinFin Network, is a decentralized blockchain project that aims to solve the scalability issue. Among the goals of the project are promising points such as modernizing users’ trading processes. XDC Network was among the top-paying tokens with a rate of 4.12% last April.
Neutrino USD (USDN): Neutrino USD, which ranked fifth among the top-paying coins with a 1.61% rate last month according to CoinMarketCap data, is the first dollar stablecoin that supports staking by transferring one’s tokens to a blockchain node in exchange for rewards. . USDN is decentralized, completely managed by a smart contract.
You can examine the most profitable altcoins in the past month from the table:
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