Altcoins
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The value of the Mask Network (MASK) virtual currency has risen again. As of 13:00 Moscow time on November 2, 2022, this cryptocurrency has become more expensive by 41.55% over the past day. In total, over the past week, asset quotes have added 223.79%. It traded at $3.59 with a market capitalization of $107.22 million, pushing it up to No. 183 in the Top 10. Curiously, transaction volumes over the past 24 hours amounted to $868.3 million.
Many analysts have linked the rise in popularity of this cryptocurrency asset to the fact that well-known billionaire and American entrepreneur Elon Musk has acquired a controlling stake in the social network Twitter.
In addition, the experts noted that in addition to the Mask Network platform, another project related to the industry of creating non-fungible tokens (NFT) has shown explosive growth in value in recent hours. Thus, Render Token (RNDR) quotes jumped by 34.88% over the past day. The cryptocurrency traded at $0.813, with a market supply of $206.33 million. This made it possible to settle in 138th place in the rankings. Over the week, the digital token has risen in price by a total of 50.4%.
Also, at a distance of seven days, the native token of the Rarible marketplace (RARI) brought a good profit to its holders. Its value soared by 70.4% over the reporting period. The asset was available for purchase on exchanges at an average price of $3.48. Capitalization, as before, remained at a modest level of $48.62 million.
Earlier, the editors of Crypto.ru reported that the creators of the blockchain game STEPN announced the launch of a marketplace for NFT collections. The site was named MOOAR. It represents the first ever multi-chain NFT store.
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