Dogecoin (CRYPTO: DOGE) surpassed the weekly gains of larger cryptocurrencies — Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) — to emerge as the top gainer of the week ended Oct. 31.
Here is a roundup of some cryptocurrencies that saw upwards movement in the week.
Dogecoin (DOGE) | +103.7% | $0.12 |
Klaytn (KLAY) | +54.5% | $0.30 |
Mina (MINA) | +28% | $0.69 |
Chiliz (CHZ) | +26.7% | $0.23 |
The Sandbox (SAND) | +20% | $0.90 |
Dogecoin (DOGE): The bellwether memecoin soared last week after Tesla Inc (NASDAQ: NASDAQ:TSLA) CEO Elon Musk completed his purchase of Twitter. The buzz around Dogecoin built up as it was reported earlier that the social media firm was moving closer to Musk’s vision of transforming into a super app akin to China’s WeChat. Musk is a known DOGE-bull and there is speculation that if Twitter introduces a cryptocurrency wallet, Dogecoin could emerge as a default currency on it.
Klaytn (KLAY): The token related to the metaverse and gamefi-focused public blockchain soared amid a slew of announcements from the project and others. Klaytn said Decentralized Exchange aggregator Swapscanner has joined its governance council.
We're happy to announce that @Swapscanner has joined our Governance Council (GC)Meanwhile, OKX said it would enable KLAY margin trading and savings last week.Swapscanner is a leading #DEX aggregator on #Klaytn that aims to support the expansion of Klaytn’s #DeFi ecosystem through prioritising user experience
Read more: https://t.co/dsl3W2X0Y1 pic.twitter.com/Peyh2n0klR
— Klaytn (@klaytn_official) October 25, 2022
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