Rancakmedia.com – Apart from Shiba Inu's big rally in October, a number of other small tokens also jumped drastically. Dogelon Mars, Shiba Inu, and YooShi were the top performers among the top 300 cryptos in October. These three tokens seem to be very useful for speculators.
Dogelon Mars is the biggest winner. The price of Dogelon Mars jumped 3,316 percent, aka 34 times, and is currently No. 102, according to Cryptorank. ERC-20 tokens don't seem to have any specific use cases other than memes and fun.
Shiba Inu is up 842 percent for the month of October, and is briefly racing with Dogecoin for the No. 9 slot in the currency rankings. After the big spike, Shiba Inu price started to correct until this article was published.
Meanwhile, YooShi in October rose 768 percent, and has risen 1,331 percent over the last three months. Yooshi is a Binance Smart Chain token that has built an entire meme and gamepad industry.
Cryptorank identified it as the No. 1 currency in the world. 125, but other services put it lower. Hoge Finance, CryptoMines, Spell Token, Jasmy, and Zenon all had great Octobers, going from eight to five times.
Mantra is the most famous and largest token among them; it is an incentive token for Magic Internet Money, a multichain stablecoin.
Also, Radio Casa, StarLink, Kadena, Secret Network and Popsicle Finance all increased between 493 and 275 percent. Of the top 300, Catecoin, No. 319, had a stronger month – up 5,655 percent.
This is Binance Smart Chain's cat-themed token.
On the other hand, Vectorspace AI (VXV) had the worst month among the top 300 tokens, dropping more than 40 percent. Ergo, Pirate Chain, eCash, Flow, and Electroneum all fell between 29 and 25 percent.
On-chain derivatives platforms slowed down in October following spectacular growth last September. Futureswap fell 31 percent, dYdX fell 23 percent and Mango Markets fell 21 percent.
Bitcoin is up 28 percent for the month while Ethereum is up 30 percent. In the top 50, Fantom was the second biggest gainer (after Shib), followed by THORChain.
The price of Dogelon Mars jumped 3,316 percent, aka 34 times, and is currently No. 102, according to Cryptorank. ERC-20 tokens don't seem to have any specific use cases other than memes and fun. Catecoin, No. 319, had a stronger month – up 5,655 percent. Vectorspace AI (VXV) had the worst month among the top 300, down more than 40 percent.