Bitcoin and the overall cryptocurrency market are trying to recover after BTC lost $30,000 again. Meanwhile, various metaverse and meme coin projects continued to rise in value. Here are the coins that have risen the most in the past 24 hours…
These 5 metaverse coins have experienced the highest rise
Looking at metaverse coin projects, Avaxtars (AVXT) is 23.4% stands out with. Avaxtars announced the start of trophy registrations for the metaverse and play-to-earn game. Winners of the trophy in the game will share a total of 700,000 AVXT. The total number of participating teams will be 32.
@Avaxtars_Game Cup entries are started! Be quick and take a seat ⚽️🥅🏟️
Total reward: 700.000 AVXT
Total Teams: 32 pic.twitter.com/yocWMrOHfT— Nft Soccer Games 🔺🌶 (@NftSoccerGames) May 23, 2022
Benzene (BZN) after AVXT ) seems to have gained 16.2 percent. ChainCade (CHAINCADE) gained 15.6 percent, while Genesis Worlds (GENESIS) gained 12.1 percent. Brawl Chain’s Block Brawlers community sale, powered by GENESIS’ GameCredits, kicks off today. Most recently, Victoria VR (VR) gained 10.7 percent. As Kriptokoin.com , Victoria VR (VR) will hold a question and answer event today.
🚨 @brawlchain's ⚔️#BlockBrawlers⚔️ community sale will officially kick off Wednesday, May 25th @ 9am PST (15 hrs from now!)
Powered by @SkaleNetwork & #GAMEcredits 💪
Are you ready to enter the arena? 🪄🧙♂️https://t.co/oNSoCpwI3P pic.twitter.com/Xtjt2Uxd22
— Genesis Worlds | Playing the Long $GAME (@gamecredits) May 25, 2022
6 meme coins gain value
When looking at the meme coin segment, 6 altcoins stand out. The coin that rose the most in the 24-hour period was Shih Tzu (SHIH). WallStreetBets DApp (WSB) followed with 21.4 percent. Shiba Inu Mother (SHIBM) gained 17.5 percent, 1-UP (1-UP) gained 13.9 percent and Kawakami (KAWA) gained 13.8 percent. Sincere Doge (SDOGE) was up 10.3 percent. SDOGE is a token with automatic distribution of rewards. According to the description of the project, “SincereDoge is very efficient and designed to reward long-term owners”. SDOGE is a coin built on BSC (renamed BNB Chain).
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What is the general situation in the market?
Meanwhile, Bitcoin bulls boosted the asset late Sunday evening. As a result, Bitcoin broke above this level and continued to climb (on Bitstamp) to the multi-day high of $30,600. However, as has happened repeatedly over the past two weeks, BTC ultimately failed at this point and reversed its trajectory. Within hours, Bitcoin dropped almost $2,000 and found itself trading at $29,000 once again. It continues to exhibit these levels in the middle of the week.