Crypto News– When Bitcoin surged above $27,000 at the beginning of Q4 2023, it had a ripple effect on the entire cryptocurrency market, infusing much-needed volatility.
CoinmarketCap Top 5 Winners in the Past 24 Hours
Over the past few days, various altcoins have responded at varying speeds, and in the last 24 hours, XTZ, ATOM, STX, KLAY, and OKB have emerged as the top gainers on CoinMarketCap.
Tezos (XTZ)
Tezos (XTZ) took the lead among gainers on CoinMarketCap, recording a 6.09% increase in the past 24 hours. The token was trading at $0.7029 with a market cap of $671.7 million. Tezos, a smart contract-based blockchain protocol similar to Ethereum, also aims to provide advanced infrastructure. XTZ serves as the native token for the Tezos network.
Cosmos (ATOM)
Cosmos (ATOM) made gains of 3.88% in the last 24 hours, with a current price of $7.09. The native coin of Cosmos, ATOM, holds a market cap of $2.63 billion. Cosmos addresses some of the most challenging issues in the blockchain industry, including speed, cost, scalability, and energy efficiency.
Stacks (STX)
Stacks (STX) gained 1.60% in the past 24 hours, reaching a price of $0.5036, making it the third-highest gainer on CoinMarketCap. STX is the native token of Stacks, a layer 2 protocol on the Bitcoin network that enables smart contract development. The project allows smart contracts and decentralized applications to use Bitcoin as an asset and for transaction settlements.
Klaytn (KLAY)
Klaytn (KLAY) saw a 1.42% increase in the past 24 hours, with a current price of $0.1201. This performance positioned KLAY as the fourth-highest gainer on CoinMarketCap during this period. Klaytn, with a market cap of $383.4 million, focuses on the metaverse, gamefi, and the creator economy.
OKB (OKB)
OKB, a cryptocurrency issued by the OK Blockchain Foundation and the renowned OKEx crypto exchange, gained 0.93% in the last 24 hours, trading at $43.27. CoinMarketCap data indicated OKB’s market cap to be approximately $2.6 billion. OKB serves as the utility token that grants users access to special features on the OKEx crypto exchange.
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