Three altcoins, Chiliz, Klaytn, and Blur, are leading the way with more than 15% gains on Jan. 16, according to CoinMarketCap data.

Chiliz (CHZ) is a digital currency offered by a Malta-based FinTech provider known for its focus on sports and entertainment. With a price of $0.1053 and a trading volume of $263 million in the past 24 hours, Chiliz has seen an 18.1% increase. Over the week, the token has experienced a significant growth of 28.1%, outperforming the overall global cryptocurrency market, which has declined by 1.1%.

Klaytn (KLAY), another top gainer on Jan. 16, has seen a 17.5% increase. The surge in Klaytn’s price performance is linked to a joint proposal by Klaytn Foundation and Finschia Foundation to merge the two blockchains, aiming to establish Asia’s web3 technological and ecosystem powerhouse.

Blur (BLUR), the native token for the NFT marketplace and aggregator platform, has also made significant gains with a 15.3% increase. Lookonchain data shows that nearly 50 million BLUR tokens were unlocked on Jan. 16 as part of a scheduled monthly occurrence, with six out of eight instances proving to be favorable for the asset.

These altcoins are making waves in the cryptocurrency market, attracting attention from investors looking for opportunities to capitalize on their growth potential.

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