Dusseldorf Regulatory concerns and rising interest rates are affecting the crypto market – but so far they have not been able to stop it. According to data from the analysis company Coinmarketcap, the market capitalization of all digital currencies has risen since the beginning of 2019 from $130 billion to currently $1.9 trillion.
The crypto platform Cryptohead has now calculated which digital currency has grown at the strongest rate every year since 2019. In front are neither the largest cryptocurrencies Bitcoin or Ethereum nor the Dogecoin supported by Tesla boss Elon Musk, but three relatively unknown coins.
This year, however, their balance sheet is different. Here is the overview:
Fantom (average growth rate 5044 percent)
Fantom is not a pure cryptocurrency, but a smart contract platform similar to Ethereum. Smart contracts are automatically expiring cryptographic contracts with which, for example, transfers in the crypto world are linked to the fulfillment of certain conditions and are then carried out automatically. Payments and fees are processed via the associated cryptocurrency FTM.
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