Bitcoin (BTC) is up 2% in one day and seems to be pushing $49,000. 24 hourdollarsik charts of Ethereum, Cardano, BNB are also in green. Still, the largest cryptocurrencies by market cap were up 2-5 percent, while 6 altcoins gained more than 10 percent.
The most rising altcoin becomes REN, ZEN rises with Coinbase listing
Ren’s REN token, an open protocol built to provide interoperability and liquidity between different Blockchain platforms, has risen as much as 23.5 percent in the last 24 hours. Recently, a bridge has been established between Arbitrum and BTC via the Ren, and users can now buy and sell renBTC and wrappedBTC at low gas prices.
Second, the ZEN token of Horizen, an interoperable blockchain system powered by a decentralized node infrastructure, surged 22.8 percent. Cryptocoin. com
As we reported , yesterday evening, Coinbase Pro, one of the largest cryptocurrency exchanges, listed ZEN. ZEN continues to gain momentum after this announcement.
Automated market maker SushiSwap’s governance token SUSHI, released as a Uniswap fork, rose 18.8 percent. SUSHI has integrated many chains into the network. Most recently, it announced its integration with Impermax Finance.
Other emerging coins: SNX, RUNE and REV
Synthetix (SNX) is a decentralized finance (DeFi) protocol that provides on-chain exposure to a wide variety of crypto and non-crypto assets. The protocol is based on the Ethereum (ETH) Blockchain and provides users with access to highly liquid synthetic assets (synths). Synthetix’s SNX token is also among the highest risers in the last 24 hours, with 16.99 percent.
THORChain’s governance token RUNE, a decentralized liquidity protocol that allows users to easily exchange crypto assets across a variety of networks without losing full custody of their assets, gained 16.79 percent. THORChain recently reactivated BNB Chain.
Most recently, the REV token of Revain, an online platform for Ethereum-based token reviews designed to allow developers to receive constructive feedback on their projects, rose 14.02 percent.