According to Alt Rank, a LunarCrush-powered rating platform, Conflux, Stacks, Fetch.ai, ImmutableX, and Tezos have secured the top 5 spots for NFTs and Collectibles platforms. Alt Rank’s methodology combines the actual altcoin price performance of the platforms, relative to BTC, with social activity indicators to provide a comprehensive ranking of cryptocurrencies. This recognition highlights these platforms’ exceptional performance and social engagement in the NFT and Collectibles space.
Alt Rank offers comprehensive insights into the dynamic world of cryptocurrencies. Our ranking details furnish you with the latest information on the 24-hour price change of native cryptocurrencies, market capitalization, and daily trading volume of listed projects. Additionally, we provide valuable data on the prime exchanges where these cryptocurrencies are listed. Stay ahead of the game with Alt Rank.
Conflux (CFX)
In the 24 hours leading to this report, the Conflux native cryptocurrency, CFX, experienced a remarkable surge of 39.3%. This impressive growth propelled its market capitalization to $710 million, with a staggering $1.2 billion worth of the token traded during the same period. CFX emerged as the top daily performer among the five listed tokens. It is worth mentioning that CFX is listed on the Binance exchange, widely recognized as the largest crypto exchange by trading volume.
Stacks (STX)
The STX cryptocurrency, which powers the Stacks NFT platform, has been closely tracking the performance of CFX. In the past 24 hours, STX has surged by an impressive 35.4%, with a market capitalization of $1.4 billion – almost double that of CFX. The token’s daily trading volume has also been robust, reaching $736 million. STX is listed on the reputable U.S.-based crypto exchange Coinbase Pro.
ImmutableX (IMX)
ImmutableX’s native cryptocurrency, IMX, has surged by an impressive 29.3% within 24 hours. With a market capitalization of $1 billion and a daily trading volume of $129 million, IMX is a force to be reckoned with in the crypto world. It’s worth noting that IMX and CFX are listed on the esteemed global crypto exchange, Binance. These impressive figures are a testament to the growing popularity and potential of ImmutableX and its native token, IMX.
Fetch.ai (FET)
Fetch.ai’s native cryptocurrency, FET, has secured its position as the fourth-highest gainer, with an impressive daily profit of 20.5%, according to Alt Rank. The token’s market capitalization at the time of ranking stood at $479 million, with a daily trading volume of $379 million. These figures testify to the growing popularity and demand for FET in cryptocurrency.
Tezos (XTZ)
According to Alt Rank’s esteemed top 5 list, the final token to cut is XTZ, the native cryptocurrency of the Tezos project. XTZ experienced a 12.6% surge in just 24 hours, resulting in a market capitalization of $1.1 billion. The trading volume of XTZ during this period was a noteworthy $113 million. It’s worth noting that XTZ shares the same listing status as STX and FET on Coinbase, making it one of three Alt Rank NFT platform tokens to be featured on the exchange’s esteemed roster.
The cryptocurrency market has experienced a surge in gains across all listed cryptos due to heightened volatility. This can be attributed to mainstream banks’ recent challenges, which have sparked a renewed interest in the crypto market. Investors are eagerly anticipating further dynamism in the market, as the long-term impact of these bank issues on the global market remains uncertain. Many users speculate that this could be the catalyst that triggers a much-anticipated crypto bull run, potentially driving prices to new all-time highs.