The crypto market as a whole is mixed. It’s a strong day for Metaverse and Gaming Token.
The top cryptos are quiet, most of which have posted modest gains and losses. Solana stood out with a gain of over 3%. At the time of writing, bitcoin was trading at $20,560, having registered modest gains over the past 24 hours.
Cryptos outside the top 10 were doing quite well. Shiba continues to rise and is up 8% today. After investors bought the coin’s decline, it has returned to the top 20, adding about a quarter to its value.
Polygon recently launched Hermez, a scalable payment platform that uses zero-knowledge (zk-rollup) technology, and Polygon ID, a blockchain-native identification system with programmable privacy.
Rounding out the top 20 is UniSwap, which added 12% today. Yesterday, the platform acquired NFT marketplace aggregator Genie.
Outside the top 20, most coins increased their value by 2-5%. Notable gainers include 14% in Cosmos, and IOTA and Thorchain, each up 11%.
Cosmos is growing following the news that the DEX protocol dYdX will be developing dYdX V4 as a standalone Cosmos-based blockchain.
Gaming and the Metaverse token appear to be having a good day, with Decentraland and Flow each adding about 8%, and Enjin Coin and The Sandbox each adding 12% to their value.
Compound is up 9%, reversing losses and rising from #100 to #95 yesterday.
Despite adding 6% to its value today, Convex Finance has dropped to #100 after a long streak of losses.
Synthetix price is pulling back after turning parabolic for the second day, thanks to a new partnership with Curve Finance, one of the largest DeFi platforms in the world. The Curve DAO token itself is up 9%.