The crypto market as a whole is mixed. It’s a strong day for the metaverse and gaming tokens.
The best cryptos are calm, with most seeing slight gains and losses. Solana stood out by gaining more than 3%. Bitcoin was trading for $20,560 at the time of writing, registering minor gains in the past 24 hours.
Cryptos outside the top 10 were doing very well. Shiba continues to win and is up 8% today. Polygon is back in the top 20, adding nearly a quarter to its value after investors bought the coin lower.
Polygon recently launched Hermez, a scalable payment platform that uses zero-knowledge (zk-rollup) technology, and Polygon ID, a blockchain-native identity system with programmable privacy.
Rounding out the top 20 is UniSwap, which added 12% today. Yesterday, the platform acquired market aggregator NFT Genie.
Outside of the top 20, most coins added 2-5% to their value. Notable gainers include Cosmos with 14% and IOTA and THORChain each up 11%.
Cosmos soars upon learning that the DEX protocol dYdX will develop dYdX V4 as a standalone blockchain based on Cosmos.
On what appears to be a good day for gaming and metaverse tokens, Decentraland and Flow each added around 8%, and Enjin Coin and The Sandbox each added 12% to their value.
The compound is up 9%, reversing losses and rising to No. 95 from yesterday’s No. 100.
Despite adding 6% to its value today, Convex Finance fell to 100th place after a long string of losses.
Synthetix price is retreating after going parabolic the other day, which it did 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%.