After a week that saw Bitcoin (BTC) rise more than 6%, which altcoins started the weekend on the upside?
The October bull, described by crypto investors as “Uptober”, continues. Macroeconomic data from the U.S. and China’s economic stimulus package boosted BTC. BTC continued its gains on the week as money continued to flow into spot ETFs.
It was observed that BTC has gained 6.65% in the last week. BTC touched $69,000 in its rally, which started at $64,600.
Turning its sights to the $70,000 support, BTC paved the way for many altcoins.
After a heady week, these altcoins had a strong start to the weekend. Here are the best performances from the last 24 hours…
big time (BIGTIME)
BIGTIME, a multiplayer RPG game built with an open game economy, became the highest growing altcoin of the day. BIGTIME, which was launched with Web3 and a play-win model, broke its silence days later. The game project grew by 25% in the last 24 hours.
According to CoinGecko data, BIGTIME recorded a transaction volume of $292 million in the last 24 hours. BIGTIME’s market capitalization exceeded $192 million.
Yield Guild Games (YGG)
Yield Guild Games (YGG), a community-focused Web3 gaming project, was another gaming project that topped the day. Play-win token increased by 14.2% in the last 24 hours.
YGG recorded a transaction volume of $92 million in the last 24 hours, reaching a market value of $215 million.
ZetaChain (ZETA)
Layer-1 and smart contract platform ZetaChain (ZETA) is on top with a 12.5% gain in the last 24 hours. ZETA, one of the most emerging altcoins of the day, managed to attract attention.
ZETA, which has a market value of $320 million, recorded $88 million in transactions in the past 24 hours.
Axie Infinity (AXS)
Axie Infinity (AXS), the most popular and oldest altcoin in the play-to-win category, has risen 12.3% in the last 24 hours. AXS, buoyed by the rise of BIGTIME and YGG, managed to emerge from the dusty shelves of history. AXS 2021 was one of the stars of the bull.
AXS, which recorded a transaction of $187 million in the last 24 hours, has a market value of $795 million.
De Central Land (MANA)
Decentraland (MANA), one of the leading names of the Metaverse movement in crypto, became one of the fastest growing altcoins of the day. Focusing on the field of virtual universe and creating a vast world, MANA shone in the bull of 2021. MANA has increased by 11.8% in the last 24 hours.
MANA recorded a transaction volume of $119 million in the last 24 hours, bringing its market value to $630 million.
This article does not contain investment advice or recommendations. Every investment and trading venture involves risk, and readers should do their own research when making decisions.