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Bitcoin price has gained 3% in the last 24 hours and climbed above $47,000. The total value of the cryptocurrency market rose to $2.22 trillion. The bullish wave also affected many altcoin projects. Cryptocoin. com we examine the 9 altcoins that gained the most value and the developments in the network…

Curve DAO Token becomes the most appreciated altcoin

Curve DAO Token is the native token of the Curve protocol, a decentralized exchange for stablecoins focused on providing liquidity on-chain using advanced bonding curves. The acceleration seen for CRV comes as a result of the announcement that the Curve protocol has been launched on the Ethereum layer-2 scaling solution Arbitrum. CRV rose as much as 22.26 percent.

eCash (XEC), which was among the ones that gained the most value yesterday and previously known as BCHA, is today with an increase of 19.14 percent. Outside of XEC, decentralized protocol Aave (AAVE) appears to have risen 18.87 percent.

Indian university chooses Hedera Hashgraph (HBAR)

The fourth most valuable coin was Hedera Hashgraph’s HBAR governance token, which provides enterprise-grade networking for the decentralized. Indian Institute of Technology Madras has announced that the institute has joined the Hedera governing council to further advance research and development in new areas such as Blockchain and distributed ledger technologies.

https://twitter. com/iitmadras/status/1437708063935328256

IOST announced its partnership with Zodium, the “play to win” project, thereby accelerating the NFT and Blockchain sectors on the IOST network. In addition, IOST has started to be traded on the Japanese arm of OKCoin. As a result of all these developments, IOST experienced an increase of 16.71 percent.

Chainlink rises with new integrations

The price of DeFi platform SushiSwap (SUSHI) rose 15.37 percent. Near Protocol’s NEAR token, a decentralized application platform designed to make applications available on the web, has gained 12.83 percent. DeFi lending platform Compound’s COMP token, on the other hand, increased by 12.31 percent.

Meanwhile, Chainlink’s LINK, which provides data through the Blockchain layer and decentralized oracle network that enables universally connected smart contracts, experienced an increase of 11.63 percent. It has integrated with companies such as Chainlink, Growth DeFi, Flourishing Capital, Activ Financial, Sigmadex.


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Michael Lewis

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