Cryptocurrency market experts talked about the most profitable coins and tokens over the past 24 hours as of 12:15 Moscow time on August 16, 2022. The specialists noted that despite the fact that the market capitalization remained almost unchanged, there were several digital currencies among the top 100 virtual assets in terms of total supply, which brought investors a good profit in the short run.
The Dogecoin (DOGE) meme-coin unexpectedly became the leader of the day. Many analysts have linked the rapid growth of the coin rate with the words of billionaire Mark Cuban. He assured that this cryptocurrency is a more convenient and perfect means of payment than Cardano (ADA). The value of the virtual asset added 14.39% over the past day, reaching $0.0868. Doga’s market capitalization reached $11.5 billion and trading volumes topped $1.11 billion in the last day.
The second place was taken by the native currency of the fan platform Chiliz (CHZ). The cost of the crypto coin added 13.23% per day. On average, the coin traded at $0.205 on the leading centralized exchanges. The total supply of coins was $1.23 billion, traders provided transactions in the amount of $689.31 million over the past day.
The third position went to the gaming digital currency STEPN (GMT). Experts noted: the rate of the cryptocoin is gradually recovering. The token has added 10.43% in price over the past 24 hours, reaching $1.12. Capitalization amounted to $670.03 million, and trading volumes reached $586.21 million.