For the past 24 hours, the largest cryptocurrency Bitcoin (BTC) and widely followed altcoin projects such as Shiba Inu (SHIB), Dogecoin (DOGE) and Cardano (ADA) have dropped by 3-6 percent. lived. However, during this time, 5 altcoins rose to prominence among the top 100 by market cap. Cryptocoin. com
As , we will be sharing these coins as every day…
Polygon (MATIC) gains momentum with increased participation in its ecosystem
Polygon (MATIC) became the star of the day with its profit. MATIC is up 11.48 percent in the last 24 hours. MATIC, the native token of the network, which is a second-layer solution for the Ethereum network; The expansion of the Polygon ecosystem has been on the rise with the release of a Polygon-focused ETP by 21Shares in November, seeing a steady increase in user activity.
Another coin with the highest rise was OKB, the token of the cryptocurrency exchange OKEx. The value of tokens associated with exchanges often changes depending on the latest developments in the company and the trading volume. Recent listings and partnerships on the trading platform may also be behind the rise of OCD.
LUNA replaces Shiba Inu (SHIB)
Third, Terra’s LUNA rose 8.89 percent. Terra is a Blockchain protocol that uses fiat-pegged stablecoins to power price stable global payment systems. According to its whitepaper, Terra combines price stability and wide adoption of fiat currencies with the censorship resistance of Bitcoin (BTC), offering fast and affordable payments. LUNA reached an all-time high in the morning hours today, reaching $64.87. With the latest price increase, its market cap has exceeded $25 billion, replacing the Shiba Inu, rising to twelfth place.
Fourth is Livepeer (LPT), which was released in 2017. Livepeer is the first fully decentralized live video streaming protocol. The platform aims to be a suitable, blockchain-based, economically efficient alternative to centralized broadcasting solutions for all new and existing broadcasting companies. LPT has gained 6 percent at the time of writing. Finally, the WAVES token of Waves, the multi-purpose blockchain platform for decentralized applications and smart contracts, rose 5.48 percent. Waves Enterprise has announced that it will partner with Ergo to bring Oracle Pools to real-world businesses. This provides highly secure data to enterprise blockchain networks.