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Recently, altcoins have really taken off, painting a different picture compared to the market’s previous slump. It all started with the increase of Bitcoin (BTC), which seems to have lit a fire under the rest of the market. Look at Avalanche (AVAX), for instance, which shot up by an impressive 20%, and then there’s Algorand (ALGO) and Arbitrum (ARB), each enjoying a nice 5-6% bump. According to the latest report by Kaiko, BTC has helped boost the market share of altcoin and Ethereum spot volume to 60% – its highest in over a year, up from 55% in August.
This isn’t just happening in a vacuum either; it’s happening alongside some positive moves in global stock markets and amidst some interesting shifts in crypto regulations by the SEC. Spicing things up, October’s Consumer Price Index (CPI) data dropped a hint that inflation might be slowing down. This could lead the Federal Reserve to rethink their interest rate plans, which in turn makes cryptocurrencies look even more tempting as an investment choice.
In the midst of all this, there’s a project called ScapesMania (MANIA) that’s really catching people’s attention. It’s more than just a presale hype; it’s a thoughtfully designed game ecosystem. MANIA is blending top-notch tech with a dream team and a focus on its community: they’re promising to shake up gaming with DAO governance and a real emphasis on rewarding their backers. What’s cool is how transparent they are about everything, and the presale perks are pretty sweet too.
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ScapesMania (MANIA): Not just another token sale, MANIA is blending cutting-edge tech with a real focus on its community, setting the stage for a revolution in gaming;
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Avalanche (AVAX): AVAX is riding a wave of success, thanks to key partners
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Author: Crypto Daily
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