Several Altcoins are rallying on the day as Bitcoin makes mild gains to $60,824 following yesterday’s slump. At the time of post, a handful of Altcoin tokens traded in green with Crypto.com Coin (CRO, +21.11%), Kadena (KDA, +23.63%), Gala (GALA, +108.35%), Render Token (RNDR, +41.63%), Dogelon Mars (ELON, +17.90%), Voyager Token (VGX, +36.07%), Oasis Network (ROSE, +23.92%), Ultra (UOS, +19.40%), Humanscape (HUM, +88.81%) significantly up in the last 24 hours as traders purchased the dip.
Crypto.com Coin (CRO)
Cryptocurrency trading platform, Crypto.com secured a 20-year contract deal worth $700 million with the Anschutz Entertainment Group (AEG) to buy the naming rights to the Staples Center in Los Angeles, home to the Los Angeles Lakers. The name change will take effect on Dec. 25, when the Lakers host the Brooklyn Nets.
After the deal was announced Tuesday night, Crypto.com’s Coin (CRO) rallied, gaining nearly 90% to touch all-time highs of $0.69 (on Coinbase). CRO subsequently cracked the top 20 and is now ranked 19th largest, according to Coinmarketcap data.
Render Token (RNDR)
The Render Network is the leading provider of decentralized GPU-based rendering solutions, revolutionizing the digital creation process. The Render Network remains at the forefront of the NFT movement, having worked on Metaverse archives spanning the works of Alex Ross, the legendary Marvel and DC Comic book artist, Beeple and Gene Roddenberry, the creator of Star Trek.
Render Token has had a bullish November so far, gaining nearly 510% to reach all-time highs of $5.79 today while marking 13 days out of 17 in the green. Earlier in November, Render Network had announced plans to render the metaverse on Solana. Likewise today, OTOY announced a new partnership with Maxon to bring Maxon’s flagship 3D software, cinema4D, and Redshift to the render network.
Gala (GALA)
Gala Games aims to take the gaming industry in a different direction by giving players back control over their games. Gala surged nearly 180% to reach all-time highs of $0.285 on Nov. 17 following the news of its listings on Huobi and Coinbase pro.
”Inbound transfers for ALCX, ENS, GALA, MUSD & POWR are now available in the regions where trading is supported. Traders cannot place orders and no orders will be filled. Trading will begin on or after 9 AM PT on Tues Nov 16, if liquidity conditions are met.”
Voyager Token (VGX)
Voyager Token (VGX) is an Ethereum token that’s used to reward and incentivize the use of the Voyager centralized exchange. VGX has risen nearly 75% today following recent positive developments.
Voyager unveiled the Voyager Debit Mastercard on Nov. 16 ”which earns like crypto and spends like cash”. Coinbase pro also announced Voyager token listing on Nov. 17, stating ”Trading will begin on or after 9 AM Pacific Time (PT), Thursday, November 18, if liquidity conditions are met”.
Dogelon Mars (ELON)
Dogelon Mars is posting a near 28% rebound on Nov. 17 as traders bought the dip at $0.000001430. On Nov. 15, Swapspace announced listing ELON, allowing users to exchange ELON and perform cross-chain swaps.
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