We are here for 7 altcoins that investors are chasing in the crypto money world. Let’s see what moves they show this week.
Altcoin Conflux
In the first place is the altcoin Conflux. A blockchain designed to address the scalability limitations that often plague traditional blockchain networks. Accordingly, in the latest news, Conflux has taken important steps in expanding its ecosystem. It has partnered with leading blockchain projects and institutions, including the Shanghai Science and Technology Committee and the University of Toronto.
On the other hand, altcoin Conflux has received support from leading investors. Accordingly, it further solidified its position as an innovative blockchain platform. According to Coinecko, the price of altcoin CFX has increased by 43.3% over the past 7 days. CFX has a market cap of $527 million and a 24-hour trading volume of $273 million.
Kaspa (KSP)
The second altcoin is Kaspa. A new blockchain that aims to address scalability and transaction volume limitations. It also uses the GhostDAG (Directed Acyclic Graph) consensus protocol. It provides faster approvals. It also supports parallel transaction processing. That’s why Kaspa focuses on providing a scalable and efficient infrastructure for decentralized applications, smart contracts and digital asset management.
Kaspa is actively developing its ecosystem to accelerate adoption. It also builds partnerships. Specifically, Kaspa collaborated with Bitcoin.com to integrate Kaspa’s blockchain into Bitcoin.com’s suite of services. This integration gives users access to Bitcoin.com’s extensive offerings. It will also enable them to experience the benefits of Kaspa’s scalable blockchain infrastructure. According to Coinecko, the price of KSP is $0.025. It rose 42% last week. STX has a market cap of $496 million and a 24-hour trading volume of $12 million.
Altcoin Stacks (STX)
The third of these coins is Stacks. Formerly known as Blockstack, this coin takes a unique approach by building a blockchain ecosystem on top of the Bitcoin network. It introduces a new concept called “Stacking” where STX token holders can lock their tokens to support consensus and secure the network. In return, they get Bitcoin as a reward.
The Altcoin Stacks ecosystem has received a lot of attention with the release of Clarity, a smart contract language that improves transparency and security. The next major upgrade, Stacks 2.0, with features like Stacks 2.0 Mainnet and Stacks 2.0 Token Transfer, is also on the horizon. These developments demonstrate Stacks’ commitment to expanding the capabilities of the Bitcoin blockchain. According to Coinecko, the price of STX is $0.83. It grew 74% with a market cap of $1.1 billion and 24-hour trading volume of $305 million.
STEMX (STEMX)
Altcoin STEMX is a statistics token exchange for top sports teams, many of which are represented on the platform. The price of tokens in STEMX is derived from the performances of the teams, including ratings and player costs. CoinMarketCap has not confirmed the market cap or circulating supply of STEMX. However, the maximum number of tokens that can exist in the STEMX ecosystem is 100,000,000 STEMX. At the time of this writing, STEMX was trading at $0.006773.
Altcoin Avalanche (AVAX) and Terra Classic (LUNC)
Avalanche is one of the blockchain projects competing with Ethereum. It is a Layer 1 protocol for decentralized blockchains and private networks. Avalanche has a market capitalization of $4,468,697,981. The circulating supply of altcoin AVAX is 345,000,343.13 AVAX. The price of AVAX at the time of writing was $13.08. On the other hand, Terra Classic has become one of the most trending tokens on CoinMarketCap. Blockchain protocol that uses fiat stablecoins to power price stable global payment systems. Terra Classic has a market capitalization of $546,697,893. Terra Classics’ native token, LUNC, has 5,823,731,900,650.18 tokens in circulation. The total token supply of the platform is 6,846,391,101,143.93 LUNCs. The LUNC price is $0.00009427 at the time of writing.
TRON (TRX) TRON has been in the top five trending tokens on CoinMarketCap for the past 30 days. cryptocoin.com It is a decentralized blockchain-based operating system developed by the Tron Foundation and released in 2017. Accordingly, TRON has a market value of $ 6,621,627,819. Its circulating supply is 90,007,337,910,81 TRX and the total token supply is 90,007,351,202.14 TRX. TRX, on the other hand, is trading at $0.07331 at the time of writing.
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