This weekend, there has been no serious change in the Bitcoin and altcoin market. With Bitcoin hovering around $21,000, most altcoins are slightly in the red as trading volume drops to monthly lows. Meanwhile, various metaverse, meme and web3 coin projects gained in value. Here are the details…
5 metaverse coins gained value
First of all, if we look at the metaverse coin projects, Ethermon (EMON) is the leader with an increase of 98.3%. Ethermon is a decentralized game where you can catch, train, transform and trade digital Monsters. Ethermon, your assets are protected thanks to Blockchain technology.
The next GameX (GMX) gained 55.6% and Monavale (MONA) gained 31.9 percent. GMX is a decentralized spot exchange that supports low clearing fees and zero price impact trades. Trading is supported by a unique multi-asset pool that earns liquidity providers from market making, clearing fees, leverage trading (spreads, funding fees and liquidations) and rebalancing assets. MONA is the native ERC-20 token for the DIGITALAX platform. This is the service token of the platform and also serves as part of the administration of the platform. On the other hand, GridZone.io (ZONE) gained 15.3 percent and Avocado DAO (AVG) gained 12.8 percent.
How did the meme coins change?
Among the meme coins, the coin that rose the most was Kawakami (KAWA). KAWA rose 227 percent. The subsequent Shih Tzu (SHIH) gained as much as 28.7 percent. The SHIH TZU project pursues the NFT artworks based on animal rights advocacy, including animal shelters and animals with disability shelters. Finally, DogeFi (DOGEFI) gained momentum by 28.8 percent. If we look at the reasons behind the rise of the coins, we can mention that the Kawakami Generation Zero minting will start on July 20. Kawakami’s new NFT whitepaper shared the details of Kawakami web3 P2E game. Investors may have focused on Kawakami with the excitement of this.
A single web3 coin surged
Among Web3 coins, only Siacoin (SC) has seen a notable increase. SC has increased by over 7 percent over the past 24 hours . cryptocoin.com As we reported, Siacoin (SC) is the native utility token of Sia, a distributed, decentralized cloud storage platform based on Blockchain. Sia acts as a secure marketplace for cloud storage where users can rent access to unused storage. Agreements and transactions are implemented through smart contracts. Siacoin is a means of paying for storage on the network. The main goal of the project is to become “the main storage layer of the internet”.
