Crypto analytics firm LunarCrush has researched altcoin projects in terms of social media and market activity. The analytics firm shared the list of the top 10 altcoin projects that are the most successful in this context. At the top of the list is Moonbeam, a money-chain. Interestingly, only Cardano of the largest altcoin projects managed to enter the list.
Top of social media and market activity
cryptocoin.comAs you follow, the crypto market is about to end a very bad and difficult year. The year 2022 will be remembered as bankruptcies, collapses and a long winter for crypto. However, the difficult process has managed to develop and make a name for some altcoin projects. Crypto analytics platform LunarCrush evaluated altcoin projects in terms of social media and market activity. As a result, he shared a list of the top ten projects.
At the top of LunarCrush’s list is Moonbeam (GLMR), an Ethereum-compatible smart contract coin-chain. It is followed by altcoin project Aptos (APT), which uses a new smart contract programming language. Orion Protocol (ORN), which collects the data of crypto exchanges on a decentralized platform, also took the third place. The rest of the list is as follows: Uniswap (UNI), Magic Token (MAGIC), Quant (QNT), ApeCoin (APE), Gmx (GMX), Wanchain (WAN) and Cardano (ADA)
A look at the altcoin projects at the top of the list
Moonbeam is an Ethereum compatible smart contract para-chain on Polkadot. The project makes it easy to use popular Ethereum developer tools to build or redistribute Solidity projects in a Substrate-based environment. Actually, Moonbeam is much more than an EVM application. Because it’s a highly custom coin-chain that mirrors Ethereum’s Web3 RPC, accounts, keys, subscriptions, logs, and more. The platform extends the core Ethereum feature set with additional features such as on-chain governance, staking, and cross-chain integrations.
Aptos is a Layer-1 Proof-of-Stake (PoS) Blockchain that uses a new smart contract programming language called Move. Move is a Rust-based programming language developed independently by Meta Diem Blockchain engineers. Aptos’ vision is to be a Blockchain that empowers a DApp ecosystem to solve real-world user problems. Thus, bringing general acceptance to web3. It is possible for PoS Blockchain to reach a theoretical transaction volume of more than 150,000 transactions per second (tps) through parallel execution.
The developers designed the Orion Protocol to aggregate the data of multiple crypto exchanges on a decentralized platform. The protocol thus provides a single, unattended gateway to the entire digital asset market. Alexey Koloskov launched the protocol in 2020 with the aim of solving some key problems of the decentralized finance (DeFi) space. Orion aims to solve the difficulties in performing profitable trades caused by the lack of liquidity in most of the crypto exchanges. This applies to both centralized and decentralized exchanges. Orion’s solution to this is to consolidate the exchanges’ order books into a single terminal that is simple to use and understand..
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