Solana just fell over Dogecoinas the high-speed blockchain backed by Sam Bankman-Fried rises to new heights.
Solana tokens were trading at $ 133.80 at lunchtime in Sydney and had hit a new all-time high of $ 134.08 this morning.
Its $ 38.7 billion market cap had ousted Dogecoin’s $ 38.3 billion as crypto # 7. The meme token traded 4.0 percent to $ 29.2c.
Solana’s gains even came as the larger crypto market retreated modestly, falling 1.4 percent to $ 2.19 trillion. Bitcoin fell 2.2 percent to $ 48,710 after maintaining its surge above $ 50,000 for just hours yesterday.
ether was down 0.4 percent to $ 3,764 and Cardano was down 1.5 percent to $ 2.93 after rising above $ 3 for the first time yesterday.
Iota was the biggest winner among the top 100 coins, rising 31 percent to a three-month high of $ 1.56. Solana was in second place at 19.4 percent, followed by Holo.
On the other hand, the derivatives exchange platform Eternal protocol was the biggest loser, losing 10.8 percent after a strong run that made it into the top 100. PERP tokens were trading at $ 18.69 which makes it number 89 crypto.
Massive wins for Star Atlas tokens
Tokens from the highly anticipated Animoca Brands sponsored sci-fi metaverse game Star atlas started trading last night – with huge profits for those lucky enough to get one during their first listing offers.
The ATLAS token, which was offered at 0.138c during its token offering a few days ago, traded at 7.9c.
The Star Atlas DAO (POLIS) token, which was offered for $ 13.8c during the token sale, traded for $ 6.67
That’s roughly 48 times the profit for POLIS and 57 times for ATLAS.
Token holders were limited to relatively small purchases during the coin offering, with a lottery system determining who could buy in.
The play-to-earn game is based on Solana and features graphics from the Unreal 3D graphics engine used in many films and top-selling video games.
A huge success for $ ATLAS & $ POLIS! 🔥
Kudos to @staratlas 🥳 @at_mwagner @pabloiquiroga & team! @FTX_Official @SBF_FTX @ProjectSerum @solana @RaydiumProtocol
Find out why #StarAtlas has become a leading provider of decentralized gaming in this guide 🧭: https: //t.co/b8ftixZ2UC
– Mia Tam (@blockandchain) September 3, 2021
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