Over the past 24 hours, Bitcoin (BTC) has dropped 0.8 percent and is changing hands at $28,864. The overall cryptocurrency market, on the other hand, rose 0.1 percent to $1.25 trillion. Meanwhile, various web3, metaverse and meme coin projects gained in value. Here are the details…
3 metaverse coins gained value
First of all, when looking at metaverse coins, ChainCade (CHAINCADE) increased by 17.1%. ChainCade was created with the idea that a crypto project should be both fun and rewarding. Then came Torum (XTM). Torum is a SocialFi Metaverse ecosystem specially designed for cryptocurrency users and projects. Torum gained 13.1 percent, while Yield Guild Games (YGG) increased by 10.5 percent. Yield Guild Games (YGGs) is a decentralized autonomous organization (DAO) investing in NFTs.
There were also increases from meme and web3 coins
In terms of meme coins, Jejudoge (JEJUDOGE), which was launched about a year ago, seems to be the leader in this field with an increase of 32 percent. The next YetiCoin (YETIC) gained 20.1 percent, while Kishu Inu (KISHU) gained 11 percent.
In Web3 domain, Hive (HIVE) gained 8.76 percent. Launched on March 20, 2020, Hive is a decentralized information sharing network with an accompanying blockchain-based financial ledger built on the Delegated Proof of Stake (DPoS) protocol. Hive supports many different types of knowledge sharing applications. Countless applications, APIs, and front-ends contribute to the general and direct accessibility of data, transactions, and records, so this available diversity and utility enables the ecosystem to meet creators, consumers, investors, and creators.
Meanwhile, Siacoin (SC) rose 6.90 percent. Siacoin (SC) is the native utility token of Sia, a blockchain-based distributed, decentralized cloud storage platform. Sia acts as a secure, reliable marketplace for cloud storage where users can rent access to unused storage.
