Token

THORChain

Foundation

Cosmos

Celestia

<h4>November is historically one of the best months for crypto. Combine this with the early stages of a bull run. This combination can put some coins on fire. And that’s exactly what happened during the 2nd November week.</h4> 
So, we’re going to take a closer look at the top 3 coins of the top 100 by market cap. They show some impressive gains. 
<h5>1) Celestia (TIA)</h5> 
<a href="https://celestia.org/" target="_blank" rel="noopener">Celestia</a> is the undisputed leader during this 2nd November week. The <a href="https://www.coingecko.com/en/coins/celestia" target="_blank" rel="noopener">TIA token</a> is up by 155.6% during this timeframe. Celestia is a modular blockchain. It also boasts of being the first data availability chain in the world.&nbsp; 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Celestia, one of the pioneers of the modular blockchain model, is now live with their mainnet. 
 Celestia's data availability layer has the ability to reduce costs and increase throughput for rollups by orders of magnitude. 
 Here's a high level overview of what Celestia is <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;">: <a href="https://t.co/EYD2QVc93h">pic.twitter.com/EYD2QVc93h</a> 
 — cygaar (@0xCygaar) <a href="https://twitter.com/0xCygaar/status/1720097156844143035?ref_src=twsrc%5Etfw">November 2, 2023</a>
</blockquote> 
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Modular chains only manage specific tasks. All other tasks, they delegate to separate layers. For instance, Celestia has a consensus, settlement, and execution layer. The chain has its home in the <a href="https://www.altcoinbuzz.io/?s=cosmos" target="_blank" rel="noopener">Cosmos Hub</a>. So, it is part of the IBC and is one of the Cosmos Hub zones. Out of the current 69 zones, it already takes spot #6 measured in IBC volume. 
In other big news, their mainnet launched on 31st October. With that, they also released an airdrop of 141 million TIA tokens. Those are currently the only circulating tokens. All other tokens have a vesting schedule. The first unlock is next year in November. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Modular Blockchain is undeniably powerful as the chains are interconnected in one way or the other. 
 Since Celestia went live on Mainnet, a new era was born. <a href="https://t.co/w0jXgHBlqG">pic.twitter.com/w0jXgHBlqG</a> 
 — DeFI Saint <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f987.png" alt="🦇" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f50a.png" alt="🔊" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@TheDeFISaint) <a href="https://twitter.com/TheDeFISaint/status/1723312234082742712?ref_src=twsrc%5Etfw">November 11, 2023</a>
</blockquote> 
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The current <a href="https://www.coingecko.com/en/coins/celestia" target="_blank" rel="noopener">TIA price</a> is $6.17. It’s up 12.2% in the last 24 hours. However, during the last 7 and 14 days, it is up respectively by 157.4% and 169.6%. It has a market cap of $839 million. The total supply is 1 billion TIA tokens and 141 million circulate. The following picture shows Celestia on the map of zones. 
<h5>2) THORChain (RUNE)</h5> 
<a href="https://thorchain.org/" target="_blank" rel="noopener">THORChain</a> comes in at 2nd spot in this week’s list of coins. During the last seven days, it grew by 62.9%. That’s impressive, but is not even half of TIA’s growth during the same period. Nonetheless, it’s on a fantastic run.&nbsp; 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 The block explorer of choice for many THORChads – <a href="https://twitter.com/viewblock?ref_src=twsrc%5Etfw">@viewblock</a> – has released a new interface: RuneScan 
 Check it out below &amp; report bugs to the team 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/26a1.png" alt="⚡" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/0UhyGvn7UD">https://t.co/0UhyGvn7UD</a><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/26a1.png" alt="⚡" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/bWSWtqNruL">pic.twitter.com/bWSWtqNruL</a> 
 — THORChain (@THORChain) <a href="https://twitter.com/THORChain/status/1724433212141719880?ref_src=twsrc%5Etfw">November 14, 2023</a>
</blockquote> 
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Like Celestia and third-placed dYdX, its home is the Cosmos Hub. It is a <a href="https://www.altcoinbuzz.io/?s=decentralized+exchanges" target="_blank" rel="noopener">DEX</a> with a few unique features. For example, it allows cross-chain swaps, but without wrapping. It swaps native assets. That is because, in all its pools, it positioned its native RUNE token. So, this allows it to work with various chains. For example, it’s the only protocol that offers APY for BTC in a decentralized way. 
It has an ever-expanding ecosystem with various products. For example, wallets, exchanges, explorers, <a href="https://www.altcoinbuzz.io/category/nft/" target="_blank" rel="noopener">NFTs</a>, analytical tools, and more. You can find, for instance, apps like XDEFI, THORSwap, Ledger, and RocketX. Or how about Nansen’s portfolio tracker? 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Since the release of THORChain Mainnet in April 2021, devs have shipped: 
 – Asymmetric liquidity provision – THORNames – Delayed outbound transactions – Automatic solvency checker – Synthetic assets – ERC20 token whitelists – Affiliate fees – Add Dogecoin – Create Stagenet for… 
 — THORChain (@THORChain) <a href="https://twitter.com/THORChain/status/1724444837255028968?ref_src=twsrc%5Etfw">November 14, 2023</a>
</blockquote> 
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The current <a href="https://www.coingecko.com/en/coins/thorchain" target="_blank" rel="noopener">RUNE price</a> is $5.81. It has a market cap of $1.7 billion. The max and total supply are 500 million RUNE tokens. Out of these, 300 million already circulate. But look at this, the percentage increase over 7, 14, and 30 days are respectively, 73.1%, 95%, and 237.3%. Over one year, the price increase is 374.7%. 
<h5>3) dYdX (DYDX)</h5> 
Beaten by THORChain to the third spot by a nose length, is <a href="https://dydx.exchange/" target="_blank" rel="noopener">dYdX</a>. It’s up by 62.6%, only 0.3% less than THORChain. Once more, all three coins are Cosmos Hub-based. It completed the move from Ethereum to Cosmos only a few weeks ago. One of the projects that had enough slow and expensive transactions. They sought alternatives and chose the Cosmos Hub. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 The next generation of the dYdX protocol and the next version of the DYDX Token<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4a1.png" alt="💡" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f91d.png" alt="🤝" class="wp-smiley" style="height: 1em; max-height: 1em;"> Decentralized, the community is in control <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f64b-1f3fd.png" alt="🙋🏽" class="wp-smiley" style="height: 1em; max-height: 1em;"> All fees distributed to Validators and Stakers <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/2696.png" alt="⚖" class="wp-smiley" style="height: 1em; max-height: 1em;"> Validating is permissionless <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f309.png" alt="🌉" class="wp-smiley" style="height: 1em; max-height: 1em;"> Seamlessly transition to the dYdX Chain <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4d6.png" alt="📖" class="wp-smiley" style="height: 1em; max-height: 1em;"> Fully Open Source <a href="https://t.co/G570MH2a52">pic.twitter.com/G570MH2a52</a> 
 — dYdX Foundation <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f994.png" alt="🦔" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@dydxfoundation) <a href="https://twitter.com/dydxfoundation/status/1719065358844170642?ref_src=twsrc%5Etfw">October 30, 2023</a>
</blockquote> 
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Currently, the chain is in full migration mode for its <a href="https://www.coingecko.com/en/coins/dydx-ethdydx" target="_blank" rel="noopener">DYDX token</a>. There’s a bridge between Ethereum and Cosmos for this purpose. You can bridge your ethDYDX to DYDX. But, first things first, time to explain what dYdX is all about. 
dYdX is a perpetual DEX. So, you can trade with leverage. Now, leverage can be very lucrative. However, be careful to use it, I can only advise using it if you understand leverage. Yes, profits can be huge, but so can losses. Either way, their V4 trading platform is now available on Cosmos, in a beta version. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Don’t miss the Weekly Recaps, with the <a href="https://twitter.com/dydx_ops_subdao?ref_src=twsrc%5Etfw">@dydx_ops_subdao</a> recently announcing the start of the Beta Stage it’s important to stay up to date <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4a1.png" alt="💡" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 Last week and every week is packed with highlights from the dYdX Ecosystem.&nbsp; 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/m40MFPCfY1">pic.twitter.com/m40MFPCfY1</a> 
 — dYdX Foundation <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f994.png" alt="🦔" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@dydxfoundation) <a href="https://twitter.com/dydxfoundation/status/1724519967268163935?ref_src=twsrc%5Etfw">November 14, 2023</a>
</blockquote> 
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The current <a href="https://www.coingecko.com/en/coins/dydx-ethdydx" target="_blank" rel="noopener">ethDYDX</a> price is $3.91. Its market cap is $707 million. It has a 1 billion max and total supply of DYDX tokens. Almost 180 million tokens have already circulated. Over 7, 14, and 30 days it went up by 62.3%, 72.2%, and 107.7%. Over 1 year, it’s up by 59.8% 
<h5>Conclusion</h5> 
The current crypto market is buzzing with excitement. November is usually the best crypto month of the year. Accordingly, Bitcoin started a rally. The bear market is in its last stages, or has the bull market already started? So, we look at the top three performing coins during the 2nd week of November. 
<a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener"><img decoding="async" class="wp-image-124236 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-300x37.jpg" alt="" width="689" height="85" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-300x37.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1024x127.jpg 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-768x95.jpg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-696x86.jpg 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1068x132.jpg 1068w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1.jpg 1197w" sizes="(max-width: 689px) 100vw, 689px"></a> 
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The post <a href="https://www.altcoinbuzz.io/reviews/altcoin-projects/top-3-coins-that-grew-the-most-in-novembers-2nd-week/">Top 3 Coins That Grew the Most in November’s 2nd Week</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.

Top 3 Coins That Grew the Most in November’s 2nd Week

Altcoin Buzz

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