Bitcoin (BTC) experienced a rapid rise and approached $ 66,000, while Ethereum (ETH) followed it and began to break new records. This caused a positive movement in the overall cryptocurrency market, with many altcoins also bullish. cryptocoin.com We will be in the top 100 with the market value and we will be discussing the most rising coins. Today, these include mostly exchange tokens… Good reading!
The most rising altcoin project of the day: Loopring (LRC)
Loopring has become an altcoin that has made a name for itself with its rise in the past few days. LRC is the Ethereum-based token of Loopring, an open protocol designed for the creation of decentralized cryptocurrency exchanges. The token has gained 26.18 percent in the last 24 hours. Recently, the token was featured in Coinbase’s Earn program, where users earn coins. In addition, a daily record was recorded in transaction volume in Loopring Layer-2 recently.
The coin that rose the second most was Kadena (KDA). KDA is also one of the coins that has been on the rise for several days. Kadena’s hybrid blockchain was launched in January last year. The project was founded by former JP Morgan employees. Kadena claims to be more affordable and scalable than its competitors. Kadena also has transaction fees on the network and claims to have introduced the “first crypto ‘gas’ station” to enable businesses to eliminate consumer transaction fees. KDA rose 21.03 percent.
Exchange coins continued to rise
Other coins that gained the most were those affiliated with popular centralized exchanges OKEx, Crypto.com, and KuCoin. OKEx’s cryptocurrency OKB has risen 16.86 percent in the last 24 hours. Crypto.com’s CRO token is up 16.85 percent, while KuCoin’s KuCoin Token (KCS) is up 15.12 percent.
Finally, the AVAX token of Avalanche, the first-layer Blockchain that functions as a platform for decentralized applications and private Blockchain networks, surged 11.46 percent. The Avalanche Foundation recently launched Blizzard, a $200 million fund dedicated to developers and ecosystem-wide development on the public blockchain. The token of the ecosystem continues to maintain its momentum after this development.
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