Loopring

Polygon

Immutable

Optimism

Arbitrum

In a recent development, the Layer 2 token market has experienced a significant surge in trading volume, with several prominent tokens grabbing the attention of traders and investors alike. According to data from <a href="https://www.coingecko.com/en/categories/layer-2" rel="noopener noreferrer nofollow">CoinGecko</a>, the top five most traded Layer 2 tokens by 24-hour volume are Immutable, Arbitrum, Polygon, Optimism, and Loopring.Immutable (IMX), the first token on the list, has witnessed a substantial increase in trading activity. IMX is a token ranked 51 on <a href="https://coinmarketcap.com/currencies/immutable-x/markets/" rel="noopener noreferrer nofollow">CoinMarketCap</a>, with a current price of $0.7427. The token has seen a 2.13% decrease in price over the past 24 hours. Immutable operates in the blockchain space and is associated with various tags, including Collectibles &amp; NFTs, Zero Knowledge Proofs, Gaming, and Scaling. Notably, 197,790 watchlists are tracking Immutable, indicating considerable interest in the token.Arbitrum, the second most traded Layer 2 token, has grown in popularity due to its scalable and low-cost solutions for Ethereum. <a href="https://coinmarketcap.com/currencies/arbitrum/" rel="noopener noreferrer nofollow">Arbitrum </a>(ARB) trades at $1.30, experiencing a 2.29% decrease in the last 24 hours. The token has a circulating supply of 1,275,000,000 ARB coins and a market cap of $1,655,558,371. Regarding oscillators, the Relative Strength Index (RSI) with a period 14 shows a value of 65.8207, indicating a neutral signal.Read full article at <a href="https://cryptotale.org/layer-2-tokens-surge-immutable-arbitrum-polygon-optimism-and-loopring-lead/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Layer 2 Tokens Surge: Immutable, Arbitrum, Polygon, Optimism, and Loopring Lead

CryptoTale

Alte articole publicate pe 18 iul. 2023

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