The October bull run, known as “Uptober” among crypto investors, continues. Macroeconomic data from the US and the economic stimulus package offered by China have given momentum to BTC. BTC continued its rise this week as money inflows in spot ETFs continued.
Last week, BTC increased by 6.65 percent, starting from $64,600 and reaching $69,000. Heading towards $70,000, BTC also offered new opportunities for many altcoins.
After an eventful week, these altcoins had a strong start to the weekend. Here are the best performers in the last 24 hours… Big Time (BIGTIME), a multiplayer RPG game, was the highest-rising altcoin of the day. Launched with a Web3 and play-to-win model, BIGTIME broke its silence and achieved a 25 percent increase in the last 24 hours.
BIGTIME recorded $292 million in trading volume during this period, and its market value exceeded $192 million. Yield Guild Games (YGG), a community-focused Web3 game, was another project that topped the day. Play-to-win token YGG attracted attention by gaining 14.2 percent in the last 24 hours. YGG reached a market value of $215 million with a trading volume of $92 million.
Layer-1 and smart contracts platform ZetaChain (ZETA) rose by 12.5 percent in the last 24 hours and reached the top. With a market value of $320 million, ZETA achieved a trading volume of $88 million. Axie Infinity (AXS), one of the oldest and most popular altcoins in the play-to-win category, gained 12.3 percent in the last 24 hours. AXS, which was activated by the rise of BIGTIME and YGG, attracted attention again as one of the stars of the 2021 bull season.
AXS recorded a trading volume of $ 187 million in the process and had a market value of $ 795 million. Decentraland (MANA), one of the pioneers of the Metaverse movement, was also one of the highest-rising altcoins of the day. MANA, which creates a wide world by focusing on the virtual universe area, shone in the 2021 bull and achieved an increase of 11.8 percent in the last 24 hours. MANA reached a market value of $ 630 million with a trading volume of $ 119 million.
