AVAX, VGX, and MATIC are all Vying for Dominance in the Top 10!
- Avalanche’s market valuation is expected to remain below Solana’s.
- Polygon has hosted an NFT marketplace that offers low costs for traders.
In November, the crypto market saw a significant decline due to the rising inflation in the US market and the uncertainties surrounding Covid. On the other hand, Altcoins with large market caps work tirelessly to boost the global market cap. We can’t help but notice the rapid rise of the tokens that make up the top 10: AVAX (VGX), MATIC (DOT), DOT (AXS), and MATIC (AVAX)!
Avalanche (AVAX)
Smart contract-capable blockchain network Avalanche (AVAX) attempts to burn transaction fees to reduce the number of tokens available for use. According to prominent figures in the cryptocurrency community, Avalanche’s market valuation is expected to remain below Solana’s for the foreseeable future.
According to CoinMarketCap, the Avalanche price today is $126.66 USD with a 24-hour trading volume of $1,479,581,414 USD. Avalanche has been up 2.65% in the last 24 hours.
Polygon (MATIC)
One of the most popular platforms for NFT trading, Polygon has hosted an NFT marketplace that offers low costs for traders. In a matter of seconds, the platform would begin shifting gears and accelerate at a rapid pace.
According to CoinMarketCap, the Polygon price today is $2.02 USD with a 24-hour trading volume of $2,260,212,034 USD. Polygon is up 12.30% in the last 24 hours.
Voyager (VGX)
Cryptocurrency tokens like Voyager are meant to be traded in a safe and secure environment for users. Recent announcements about cooperation and updates have kept the platform in the public eye.
The price of VGX surged to $5.02, an increase of more than 22% during the day. However, if the surge continues, the price will face immediate resistance at $6.2. The price would fall to $3.9 if there were an increase in sell orders.
According to CoinMarketCap, the Voyager Token price today is $4.99 USD with a 24-hour trading volume of $153,066,575 USD. Voyager Token has been up 26.46% in the last 24 hours.
The cryptocurrencies above have a strong chance of breaking new highs when taken as a group. In addition, Polkadot and Axie Infinity would continue to raise their bars to reach new goals. Reclaiming a prior all-time high of $33.5, the DOT price has lately broken out its one-month low. But for the AXS price to restart its bull run, a clean break out at $125 was required.
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Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
