Cryptocurrency experts name the most profitable cryptocurrencies of the day

The cryptocurrency market continues to show growth for the second day in a row. Many assets gained in value, and the global capitalization of the digital currency sector reached $ 1.04 trillion. The best digital assets of the day from the top 100 ranking were Klaytn (KLAY) and Dogecoin (DOGE), which gained more than 20% in value

The absolute leader was Klaytn (KLAY), which gained 23%. The virtual asset is available for purchase for $ 0.244, and its market capitalization is $ 747.97 million. Traders have secured transactions with the virtual asset worth $ 248.18 million. Interestingly, over the past 7 days, the price of KLAY has already soared by 79.3%.

The most famous meme-coin Dogecoin (DOGE) also pleased its short-term investors. The price of the virtual currency was fixed at $ 0.079, which is 20.7% higher than yesterday. The total cryptocurrency capitalization reached $ 10.56 billion. Over the past 24 hours, market participants have made transactions with Dogecoin totaling $ 1.88 billion.

It should be added that yesterday Dogecoin grew by 11.70% - experts attribute this to the statement of billionaire Elon Musk, who said on Monday that he would close the deal to buy Twitter by the end of the week. According to Musk, the social network will have a new owner tomorrow. Against the backdrop of these events, the activity of institutional investors has also increased significantly, with 85 DOGE crypto whales making numerous cryptocurrency transactions.

The third place in terms of profitability went to Mina (MINA). The cryptocurrency asset grew in value by 13.38% and is worth $ 0.6419. This allowed the little-known virtual coin to rise to 83rd place in the list of top cryptocurrencies with a market capitalization of $ 468.87 million. Trading volumes amounted to $ 37.82 million per day.

As a reminder, yesterday the flagship cryptocurrency BTC demonstrated growth for the first time in a long time, rising by 4.74% over the past day. At the time of writing, on October 27, 2022, digital gold is trading at $ 20,745, with a market capitalization of $ 398.12 billion.