Frax Share’s recent market surge has positioned it as one of the best cryptos to buy now with a not insignificant 25.55% price increase so far in the month.
Polygon and Immutable are also drawing attention, with Polygon experiencing a 37% surge in the past three weeks and Immutable gaining momentum following its inclusion in Amazon’s ISV Accelerate Program.
Additionally, Bitcoin ETF Token and Bitcoin Minetrix stand out as two potential Bitcoin alternatives gaining traction in the cryptocurrency market with their unique value propositions.
Frax Share (FXS) has been one of the standout performers, surging over 25.5% so far in November.
This momentum comes on the heels of Frax recovering its domain names after a potential hacking attempt, as well as the launch of Frax Protocol v3.
The new protocol iteration seeks to improve Frax’s stability across all market conditions by incorporating traditional yield curve dynamics.
It also sets a path towards 100% collateralization primarily through protocol revenues.
With a market capitalization of $534.998 million, Frax Share has gained over 71.54% YTD – outpacing many top 100 cryptocurrencies.
Polygon (MATIC) has also built up substantial momentum, rising over 37% in the past three weeks.
This surge is partially attributed to accumulation by major investors, with around 42.88 million MATIC coins being scooped up by whales – signaling confidence in its immediate trajectory.
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