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Home»Altcoins»Decentralized Science (DeSci) Crypto Hits $1.3 Billion Market Cap – AIMX Leads
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Decentralized Science (DeSci) Crypto Hits $1.3 Billion Market Cap – AIMX Leads

November 19, 2024No Comments
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Published: November 20, 2024

  • The market cap of the DeSci crypto space has increased by over 47% in the last 24 hours.
  • AIMX’s market capitalization also increased by over 200% during the same period.

DeSci cryptocurrencies have gained traction in recent days, becoming a hot topic second only to memecoins.

This innovative category has seen a sharp increase in trading volume, attracting the attention of investors.

Notably, Aimedis (AIMX) led the charge, recording an impressive 200% increase in value in 24 hours.

DeSci crypto market capitalization and increasing volumes

According to CoinGecko, the market cap of DeSci cryptocurrencies increased by more than 47% in the last 24 hours, reaching almost $1.3 billion.

Along with this growth, trading volume has seen a dramatic rise, reaching approximately $464 million.

Among the top tokens in this category, VitaDAO (VITA) showed the most significant growth over the past week, gaining over 200%.

Trading at around $5.20 at press time, VITA’s market cap stood at over $3.8 million. However, Aimedis performed best in terms of short-term and weekly growth metrics.

AIMX Leads DeSci Crypto Rise

Aimedis attracted attention with a 216% price rise in the last 24 hours, from $0.0017 to $0.005, at press time. Over the past week, its value has jumped 417%, bringing its market capitalization to almost $1.9 million.

AIMX has also seen an unprecedented increase in trading activity, with its volume surging by over 7,100% in the past day.

At the time of writing, AIMX’s trading volume was around $687,000, making it the most active and best performing token in the DeSci crypto space.

AIMX DeSci Crypto Price Trend

Source: CoinMarketCap

Crypto DeSci: the next big thing after memecoins?

The recent rise in DeSci crypto metrics suggests that this category is receiving increased attention from the market.

While memecoins still dominate with a market capitalization of around $125 billion and daily trading volumes close to $32 billion, DeSci tokens are carving out a niche for themselves with their unique applications.

If this momentum continues, DeSci tokens could see sustained growth, providing investors with opportunities in a space focused on real-world use cases rather than pure speculation.

As the buzz around DeSci grows, its potential to compete with other major crypto categories becomes more evident.

Next: Chainlink Breakout Tracker: Will LINK Hit $23 After Breaking $15 Resistance?



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