Three cryptocurrencies, Chiliz, Klaytn, and Blur, are showcasing impressive gains of over 15% on Jan. 16, according to CoinMarketCap data.
Chiliz (CHZ), provided by the Malta-based FinTech company of the same name, has gained popularity as a key digital asset for sports and entertainment. Currently leading the pack, the price of CHZ stands at $0.1053, with a trading volume of $263 million in the last 24 hours, marking an 18.1% increase.
What makes Chiliz even more remarkable is its weekly growth rate of 28.1% over the past week, outshining the overall global cryptocurrency market, which saw a decline of 1.1%.
In the realm of top crypto gainers, Klaytn (KLAY) comes in second on the charts for Jan. 16, with a gain of 17.5%. Utilizing similar Layer 1 (L1) technologies, Klaytn’s price surge could be attributed to a collaborative proposal from Klaytn Foundation and Finschia Foundation to merge the two blockchains, creating a powerhouse for Asia’s web3 technology and ecosystem pending approval.
Taking the third spot is Blur (BLUR), the native token for an NFT marketplace and aggregator platform, with returns of 15.3%.
Lookonchain data shows that BLUR recently unlocked nearly 50 million tokens on Jan. 16 as part of a scheduled monthly event, which has occurred eight times with six instances proving to be favorable for the asset.
Despite no major announcements in the past 24 hours, these three altcoins have shown significant growth, attracting attention in the crypto space.