Tag: Altcoin

  • Altcoins that Will Beat the Solana Value Performance by 1000x in 2025

    Altcoins that Will Beat the Solana Value Performance by 1000x in 2025

    As the crypto market recovers, the recent Solana Price breakout raised hopes of a rally to a new All-time High. However, as the Solana price slows, investors seek more promising altcoins to make better returns.

    In this article, we present the top 3 altcoins that have the potential to beat the Solana price in 2025.

    Quick Overview of Recent Solana Value Action

    The Solana price moved past the declining upper trendline on 6 November, a week ago. After breaking the trendline, the Solana price shot up more than 20% but quickly faced significant resistance near the $225 price level. The Solana price took a sharp turn and has dropped to $202.72, about 10% below that resistance.

    Few traders speculate that the Solana price will continue the rally after a small pullback. However, traders stuck in a weak position due to the sharp price drop are uncertain and are moving towards other altcoins, hoping to recover fast.

    Prospective Altcoins To Outperform The Solana Value

    The altcoins on our list have one thing in common—they all solve real-world issues with innovative ideas. This serious mission drives their expansion and sets them on a path to enormous growth.

    Ocean Protocol (OCEAN): Developing A New Data Economy

      Ocean Protocol allows users to buy and sell data securely on the blockchain. It has developed a platform where tokenized datasets can be acquired to train AI and machine learning algorithms.

      Ocean Protocol maintains data privacy through a process called compute-to-data. It allows computations to be performed on raw data without exposing sensitive information.

      Users can use the OCEAN token for transactions, staking, and governance. The project’s partnerships in the AI research sector provide the token a boost for significant growth.

      Theta Network (THETA): Decentralized Content Streaming

        Theta Network has revolutionized video streaming by creating a decentralized content delivery network. Users can share excess bandwidth using a peer-to-peer network to improve streaming efficiency and make it cheaper.

        It has a dual-token model, with the tokens THETA and TFUEL. THETA is used for the ecosystem’s staking, governance, and security, while TFUEL is used for microtransactions and rewards.

        They have partnered with industry leaders such as Samsung, Sony, and Google to expand their user base and build a robust ecosystem. This gives them a solid foundation for growth, and since they target an industry with massive demand, they can show tremendous growth.

        PropiChain (PCHAIN): Trade Real Estate On The Blockchain

          PropiChain is transforming the real estate sector by bringing it to the blockchain to improve security and transparency in property investments.

          PropiChain converts real-world properties into tokens that can be traded on the blockchain. It provides users with tokens representing fractions of a property to establish a fractional ownership model that improves liquidity. 

          Users benefit from increased accessibility, as they can pool resources to access real estate otherwise reserved for only the wealthy in the traditional real estate sector.

          Another advantage PropiChain users have over conventional investors is the tremendous help the platform offers with its advanced AI. The AI-powered chatbots and virtual assistants guide users throughout the transaction process and instantly answer every query.

          The PropiChain AI also automates transactions so users can make error-free investments. Upon completion, every transaction is stored on the blockchain to maintain security and transparency.

          PropiChain also automates the leasing process using smart contracts. These help create legally binding lease agreements without lawyers and manual paperwork. The smart contracts trigger the lease automatically when both parties consent through signature and the fund transfer is complete.

          The most futuristic feature that sets PropiChain apart from other RWA projects is the Metaverse, which provides a virtual experience of all the properties. This allows users to assess their dream investments without leaving their homes or traveling long distances.

          PCHAIN, PropiChain’s native token, powers all these fantastic platform components. PCHAIN is currently in the first presale stage, available for $0.004. The price is set to hike to $0.011 and $0.023 in the second and third stages. The listing is also planned at $0.032.

          This means that even a $250 investment in PCHAIN at this stage will grow to $2,000 by the end of the presale.

          Bottom Line

          As the crypto markets hint at a bull run and the Solana price encounters critical resistance, traders seek altcoins that offer high chances of outperforming the markets. Ocean Protocol, Theta Network, and PropiChain are at the forefront of these altcoins.

          While THETA and OCEAN have already been launched, PropiChain is currently in the first presale stage and thus offers more returns.

          BlockAudit has conducted rigorous testing of PropiChain’s platform and reported apt security. The auditing firm also commends the project integrity and guarantees its regulatory compliance.

          Although in presale, PropiChain has already been listed on a major website, showing the project’s commitment to fast development and reaching milestones quickly. The listing provides a new audience for the project, boosting its growth, and we can expect more positive developments soon.

          Early participation in PCHAIN could be highly beneficial, as the token listing price of $0.032 provides over 800% returns to current holders who bought the token at just $0.004.

          For more information about the PropiChain Presale:

          Website: https://propichain.io/

          Join Community: https://linktr.ee/propichain

          Disclaimer: The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets. Past returns do not always guarantee future profits. ​

        1. Invest Now! Altcoins Primed for a Price Surge

          Invest Now! Altcoins Primed for a Price Surge

          The market for alternative cryptocurrencies is heating up with the 2024 bull run in full swing. Investors searching for potential gains are turning their attention to these alternatives, as their prices suggest a big movement on the horizon. This article delves into the reasons behind their imminent rise and highlights which ones might be the next to soar. It’s a crucial time for anyone looking to expand their portfolio.

          Over $6 Million Raised: BlastUP Presale Continues, Offering Up To 1000% Potential ROI

          BlastUP has been getting a lot of attention lately thanks to its high potential to become a major force in the crypto industry. This pioneering launchpad on Blast has already attracted over 15,000 active users

          The ongoing presale of BlastUP is a huge success, more than $6 million raised so far. The BlastUP token is considered by crypto experts as a hidden crypto gem that can skyrocket 1000% by the end of this year. 

          BlastUP helps crypto startups grow faster and earn more. As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community. BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem.

          BlastUP’s roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem’s capabilities.

           The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits.

          Celestia’s Steady Course in the Crypto Seas

          The market sentiment around Celestia appears balanced with a cautious optimism for growth, as its current trends show a steady position within familiar territory after a period of modest decline. Stability in key performance areas suggests a holding pattern, while the past growth hints at underlying resilience. Given Celestia’s fundamentals—such as potential technology upgrades or community support—any shifts in general market moods or investor interest could tilt the scale, potentially driving Celestia towards a more positive trajectory in the foreseeable future.

          Osmosis Sees Mixed Market Sentiment Amid Recent Trends

          Despite a recent dip in value, Osmosis appears to be holding its ground, with early indications of stability around its current pricing. The market is sending mixed signals, marked by a cautious optimism that is counterbalanced by an undercurrent of uncertainty. Traders seem hesitant, offering room for the coin’s strengths—like its role in facilitating asset exchanges across different blockchains—to potentially encourage a positive shift in momentum, as long as the broader crypto market maintains a supportive environment for growth.

          Conclusion

          Looking at the potential for price increase among altcoins, TIA, and OSMO show promise but might not see massive growth in the short term. Instead, the spotlight is on BlastUP, which stands out with its strong concept and position within the Blast ecosystem. Based on current analysis, BlastUP’s potential for a significant price surge looks higher than its peers. The coin’s affiliation with the successful Blast platform suggests it could be a wise pick for those looking to invest in this bull run.

          Site: https://blastup.io/

          Twitter: https://twitter.com/Blastup_io

          Discord: https://discord.gg/5Kc3nDhqVW

          Telegram: https://t.me/blastup_io

          Disclaimer: The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets. Past returns do not always guarantee future profits.

        2. Altcoin Forecast for 2023: Uwerx (WERX), Quant (QNT), and Zcash (ZEC) Poised for Success

          Altcoin Forecast for 2023: Uwerx (WERX), Quant (QNT), and Zcash (ZEC) Poised for Success

          In the face of a predominantly bearish crypto market in 2022, the continued surge in cryptocurrency adoption paints a compelling picture. This trend suggests that older coins are actively fortifying their fundamentals to meet the evolving demands of the present market scenario. 

          Consequently, astute crypto investors must seek out fundamentally robust coins with unique offerings. As anticipation builds, industry analysts place their bets on Uwerx, Quant (QNT), and Lido DAO (LDO) as the top altcoins projected for remarkable success in 2023. 

          This article explores these coins’ potential for the upcoming year.

          Quant (QNT) Price Prediction 

          Quant (QNT) is a blockchain project that aims to bridge different networks and enable seamless interoperability. 

          Currently priced at $112.03, Quant (QNT) has shown strong growth potential. Market analysis and predictions suggest that Quant (QNT) could reach $121.20 by Q4 2023, driven by increasing demand for interoperability solutions.

          Lido DAO (LDO): A Decentralized Autonomous Organization Revolutionizing Ethereum 2.0 Staking Services

          Zcash (ZEC) is a privacy-focused cryptocurrency that aims to provide secure and anonymous transactions. 

          Zcash (ZEC) has shown promising growth potential, priced at $29.30.Crypto projections indicate a potential surge, with Zcash (ZEC) predicted to reach $40.25 by the end of 2023. As privacy concerns continue to gain importance, Zcash’s (ZEC) unique features position it for potential success in the cryptocurrency market.

          Uwerx’s  (WERX) Journey: Audits, Listings, and Community Engagement Fueling Growth and Authenticity

          Uwerx is an upcoming project fostering growth and decentralization through strategic initiatives, such as renouncing ownership contracts, eliminating taxes, and embracing centralized exchanges.

          In Stage 5 of the presale, WERX tokens are available at $0.05245 with a lucrative 15% purchase bonus. The introduction of the Uwerx Vault offers token holders a creative haven to stake their assets and unlock rewards based on platform variables.

          Uwerx prioritizes security and credibility with audits by SolidProof and InterFi Network, instilling investor confidence. The CoinSniper listing marks a significant milestone, amplifying Uwerx’s visibility, while the highly anticipated listing on Uniswap is expected to propel further growth.

          Uwerx celebrates a rapidly growing community with over 5,500 sign-ups, 1,600 Twitter followers, and 1,500 Telegram members, a testament to its expanding reach and engagement.

          Uwerx’s (WERX) Alpha to Beta Transition: Enhancing User Experience and Progress

          The transition from Alpha to Beta brings progress and improved user experience. Explore the detailed PDF update on Alpha, covering sign-up, job creation, talent discovery, and many more features.

          Uwerx values user feedback and encourages open communication via feedback@uwerx.network. In a testament to transparency and community-driven decision-making, team tokens will be locked, aligning with the community’s consensus. Token holders can anticipate their shares after the presale, with a carefully structured 6-week vesting period to unlock gradual benefits.

          Uwerx ignites optimism as projections point to a promising future, with WERX tokens anticipated to reach $0.94 by Q3-Q4 2023 and soaring to $2.00 by Q1-Q2 2024, fueling excitement and growth potential in the market.

          While Quant (QNT) and Zcash (ZEC) make significant progress, Uwerx positions itself as a leading presale of 2023.

          Buy Uwerx today and receive a bonus of 15% when acquiring WERX tokens: 

          Presale: invest.uwerx.network

          Telegram: https://t.me/uwerx_network

          Twitter: https://twitter.com/uwerx_network

          Website: https://www.uwerx.network/

          Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.

        3. Invest in These Altcoins in 2023! Big Eyes Coin to Launch Soon!

          Invest in These Altcoins in 2023! Big Eyes Coin to Launch Soon!

          Spice up your crypto portfolio with these altcoins!

          Altcoins are any cryptocurrencies that are not Bitcoin. ‘Alternative coins’ were created to address some of the limitations of BTC, such as speed, scalability, and privacy.

          Popular altcoins include Ethereum, Ripple, and Litecoin. These have been developed using different technologies, such as proof-of-stake, which offer faster transaction times and lower fees.

          It is important to remember that altcoins can be a riskier investment than Bitcoin, as they are newer and less established. Regardless, these coins can be a fun way to get into cryptocurrency. This article will review three altcoins worth your time and money.

          Build Sandcastles in the Sandbox

          Developed by Pixowl in 2011, the Sandbox (SAND) brings blockchain to the mainstream gaming world. Like most blockchain games, it facilitates a play-to-earn (P2E) model.

          The Sandbox is where the worlds of creativity and blockchain technology collide. It’s a place where you can buy, sell, and build digital assets using non-fungible tokens (NFTs), and the SAND token allows you to trade these assets with no worries!

          The metaverse platform encourages user-generated content and has received support from some of the biggest names in the gaming industry, such as Atari, Helix, and CryptoKitties.

          Protect Your Data with Monero

          Monero (XMR) was launched in 2014 to make transactions untraceable and anonymous. Monero uses advanced cryptography to protect senders and recipients’ privacy, unlike Bitcoin, whose payments are easy to trace.

          Monero uses a Proof-of-Work algorithm called RandomX to validate transactions and ensure decentralisation. Each XMR coin is interchangeable and untraceable, making Monero fungible. The use of ring signatures and stealth addresses adds an extra layer of security.

          As of this writing, Monero ranks number 23 on CoinCheckup and has a total market cap of nearly $3 billion.

          Cute-ify Your Assets with Big Eyes Coin

          Big Eyes Coin (BIG) is the newest meme token in the altcoin space. The cat-themed coin is amid an immensely successful presale, raising $34.53 million. And meme coin lovers are in for some good news. Big Eyes Coin’s presale is officially set to end on June 3rd, meaning it might launch any time after that!

          Why should you invest in Big Eyes Coin? If the adorable kitty pictures aren’t enough to get you to join the Cat Crew, then the NFT loot cards, free loot boxes, charity work, and the community aspect might draw you in.

          Are they still trying to convince? You should know about Big Eyes Coin’s promo code. Apply the code END300 on your purchase of $BIG or loot boxes and get a 300% bonus!

          Investing in cryptocurrencies like Bitcoin and these newer altcoins can offer the potential for high investment rates. But the risks of investing in these digital coins should be noticed. The market is notoriously volatile, and prices can surge and fall without warning. It is important to research, understand the market, and only invest what you can afford to lose.

          For More on Big Eyes Coin (BIG):

          Presale: https://buy.bigeyes.space/

          Website: https://bigeyes.space/

          Telegram: https://t.me/BIGEYESOFFICIAL

          Twitter: https://twitter.com/BigEyesCoin

          Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.

        4. Four Solid Altcoins for the Long Term

          Four Solid Altcoins for the Long Term

          We all know about Bitcoin, the first and more popular crypto. But did you know there are over 10,000 active altcoins (alternative coins)? 

          Given the number of cryptocurrencies available in the market, choosing the right one can be tricky. Moreover, let’s not forget that the value of a handful of cryptocurrencies plummeted at the beginning of 2022 as investors became wary of riskier asset types and ever-changing economic circumstances. 

          Interestingly, Shiba Inu (SHIB), among other meme tokens, was not received well by investors due to the uncertainty such coins present. Though, at some point, Shiba Inu managed to surpass Dogecoin (DOGE), SHIB got hit hard by the recent crypto bear market, and prices went down 75% from SHIB’s previous high.

          The truth is that nobody can predict the market. Some coins may be suitable for shorting, or the act wherein you seek to sell a particular coin at a high price and buy it back again at a lower price, while others may be an excellent long-term investment.  

          It’s not only investors but companies and governments considering crypto. As stated on the Bitcoin Up site, “Huge investors like MicroStrategy are investing hundreds of millions into cryptocurrency and blockchain technologies. Giant payment processors like Visa, Mastercard and Paypal are also looking into cryptocurrency and DeFi. Various cryptos are on the verge of real-world acceptance across different sectors, bringing virtual money close to ordinary people.”

          So, with those things in mind, here are four altcoins with solid use cases that are more likely to outperform other assets over time. 

          1. Avalanche (AVAX)

          If you haven’t heard of Avalanche by this time, don’t worry – you can still catch up. But do it fast because this coin may substitute the crypto giant that is Ethereum. 

          Avalanche is an innovative contract network that aims to target issues such as congestion and expensive fees. It has been said that Avalanche has 160 applications running on its network and is the fourth largest chain in terms of total value locked. 

          Avalanche’s price has increased by over 3,000 per cent since 2021 and is now the 15th-largest cryptocurrency by market capitalisation (as of August 2022).

          2. Cardano (ADA)

          If you’re the type of person that is not into meme cryptocurrencies in terms of utility and legitimacy, then Cardano, which is the exact opposite, might be the right one for you.

          Cardano has big goals as it aims to use blockchain technology to make the world a better place. Aside from its leadership in the field, Cardano has already established a number of relationships in Africa, including one with the Ethiopian Ministry of Education, to enable people to use its blockchain to record students’ academic records.

          Cardano has received both praise and criticism for its slow-and-steady approach to its development. Yet, there is no doubt that Cardano, being one of the Top 10 coins, is worth considering.

          3. Livepeer (LPT)

          An excellent addition to our list is Livepeer. This particular cryptocurrency is one of the handfuls of decentralised networks and protocols that keep gaining popularity. 

          Why? Simply because Livepeer is one of the most beneficial networks in the live video streaming and broadcasting industry. The network has the capability to transcode videos or reformat the said videos so they may be played at various bandwidths, even on different devices. Transcoding is costly sometimes, but Livepeer’s decentralised concept has allowed users to donate their computer’s processing resources and get compensated with LPT tokens.

          Interested in investing in Livepeer? Great! Just remember that, like any other asset, LPT remains risky. 

          4. Sandbox (SAND)

          Last but not least, let’s talk about SAND. The Sandbox is a novel world where users can create, buy and sell assets in the form of a virtual game. 

          Sandbox is a unique currency that experienced a price increase last year following Facebook’s Meta rebranding. Some analysts think metaverses will be worth trillions in the future. Even Shiba Inu’s team has recently announced their plans to build a Shiberse metaverse.

          In the end, the gaming industry can thrive thanks to blockchain technology, so we are yet to witness its potential in the future. 

          Conclusion

          There are many altcoins to consider, with the four above presenting unique investment opportunities. However, a crypto investment alone is a risky move. The best thing to do for now is to research the assets of your interest, read up on updates, and only invest money you can afford to lose. 

        5. Bitcoin Jumps to $66,000, Ethereum and Multiple Other Altcoins Renew Their ATHs

          Bitcoin Jumps to $66,000, Ethereum and Multiple Other Altcoins Renew Their ATHs

          Key takeaways:

          • Bitcoin sets a two-week high and is trading just below its peak value
          • 5 out of the top 100 digital currencies have renewed their all-time highs
          • The total cryptocurrency market cap has surpassed $2.9 trillion for the first time

          The historic cryptocurrency market bull run is in full swing and shows no signs of slowing down. The cumulative value of more than 10,000 digital assets we list at CoinCheckup has reached $2.93 trillion on the heels of Bitcoin’s 6% price increase and broader altcoin surge led by Ethereum.

          Bitcoin is exchanging hands close to its peak value

          After trading in a relatively tight range over the course of last week, the price of Bitcoin has increased by more than 6% on Monday and surpassed the $66,000 level for the first time since BTC reached its all-time high on October 20.

          The value of BTC surged from $62,800 to $65,500 in the span of 90 minutes.

          Today, Bitcoin surged to the two-week high of $66,365, just shy of its all-time peak value of $66,931. Despite the price of the oldest cryptocurrency retracing to $65,865 in the last couple of hours, BTC is still exchanging hands just 1.5% removed from its ATH. Given the enormous momentum behind digital assets, the $70,000 psychological barrier is likely to fall very soon. The sentiment was shared by Cameron Winklevoss, founder of Winklevoss Capital Management and Gemini cryptocurrency exchange on Twitter:

          Bitcoin is up 22% in the past month and 141% since the beginning of the year (at the current market rates).

          Ethereum sets a new all-time high of $4,764

          The world’s second-largest crypto has been on a very steady uptick since the start of October – the price of ETH has increased from $3,000 to the current price peak with relatively low volatility. Today, ETH reached a new ATH of $4,764, good for a $562 billion market cap and 19.1% market dominance.

          Similar to BTC, the price of Ethereum spiked in the early morning hours.

          Over the course of the last week, ETH has improved by over 9% with very few setbacks on the way as the price of ETH never swung by more than 5%. The smart contract platform and arguably the most important blockchain for the continued development of the crypto industry has attracted a lot of market interest over the course of the year. At the time of this writing, ETH is up more than 550% year-to-date (YTD).

          Goldman Sachs’ Global Markets managing director Bernhard Rzymelka recently shared his mid-term outlook on Ethereum and revealed that he believes ETH’s price surge to $8,000 will be fueled by investors looking for a viable hedge against inflation. Another piece of positive news that came out last week and likely contributed to Ethereum’s rally is the announcement of CME Group adding Micro Ether futures to its product portfolio in December-

          Avalanche, NXM, and exchange tokens CRO and KCS renew their ATH

          The market success of Ethereum and Bitcoin has reignited rallies among several blockchain projects, which has led to multiple tokens reaching higher than ever before. Arguably the most significant project on the list is the decentralized finance (DeFi) platform Avalanche (AVAX), which has overtaken Terra and Uniswap on its path to a new ATH and thus became the 12th largest crypto by market cap. Among the reasons for the ongoing market success of AVAX is definitely Friday’s Grayscale announcement of potentially adding Avalanche to its product family of supported crypto assets.

          Five projects that have reached their new market cap peak on Monday.

          Perhaps a bit surprisingly, centralized exchange (CEX) tokens Crypto.com Coin (CRO) and Kucoin Token (KCS) have both gained more than 10% today and set their new respective ATHs. After China’s blanket ban on crypto, many predicted the downfall of centralized exchanges and their native tokens, but it now seems that the predictions were vastly exaggerated. Other exchange tokens have been also performing very well in the last couple of weeks; most notably Binance’s BNB which has, earlier today, come very close to surpassing its peak value set in mid-May.

          The last spot on the list of digital currencies that have managed to reach new peak values in the last 24 hours is occupied by Nexus Mutual (NXM), a blockchain alternative to insurance and a newcomer to the crypto top 100.

        6. Ethereum Hits New All-Time High, Leads the Broader Altcoin Surge

          Ethereum Hits New All-Time High, Leads the Broader Altcoin Surge

          Ethereum reaches new all-time high 

          Ethereum has just achieved a historic milestone – the price of the world’s second-largest cryptocurrency surpassed its previous ATH set on May 12. Just a few hours ago, ETH reached a high point of $4,402 per coin and held a market cap of more than $520 billion, accounting for a roughly 20% share of the total cryptocurrency market.

          Ethereum’s surge to a new peak value came nine days after Bitcoin reached its new all-time high on October 20. The rise in the price of ETH was accompanied by the total market cap surging past $2.65 trillion, close to its highest value to date.

          Ethereum faced numerous hurdles on its journey to a new ATH. After reaching the then high price of $4,365 in mid-May, ETH faced severe selling pressure after the cryptocurrency industry underwent a strong correction at the end of May, which saw ETH drop to $2,350 on May 25.

          Ethereum mounted a strong rebound after falling to a 6-month low on July 21, having gained 155% over the period of three months.

          The bear market continued through the summer – ETH had fallen to its lowest point of $1,728 on July 21. Numerous critics came out of the woodwork to criticize the digital currency, pointing out that the transition to proof-of-stake consensus mechanism is taking too long and that the ETH network, with its high gas fees, is not equipped to handle the high load of a surging non-fungible token (NFT) sector.

          However, the announcement of the Ethereum London hard fork scheduled for August quickly shifted the market’s outlook. Since then, the price of ETH has nearly doubled to reach today’s high point above $4,400.

          On Wednesday, the Ethereum network underwent a new significant update. The upgrade of Eth2 Beacon Chain dubbed ‘Altair’ sets the stage for the eventual merge of the Ehtereum mainnet and Beacon Chain. Altair upgrade will likely be the last significant update before ETH shifts to PoS mechanism.

          Other altcoins have also benefited from the positive market sentiment introduced by ETH’s stellar performance. Notably, memecoins Shiba Inu and Dogecoin have exploded in value over the last seven days, gaining 157% and 19% respectively. With 30% gains, Polygon and Fantom are another two notable benefactors of the ETH-led altcoin rally.

          In general, altcoins are gaining momentum on Bitcoin over the week. BTC dominance has dropped from its 6-month high of 51.4% reached on October 21 to 42.6% at press time.

        7. Cryptocurrency Market Capitalization Reaches a New ATH

          Cryptocurrency Market Capitalization Reaches a New ATH

          Key takeaways:

          • The total cryptocurrency market cap has increased to a new peak of $2.65T on the tailwind of a 5.3% 24-hour gain
          • Bitcoin’s all-time high pulls the cryptocurrency industry to new heights

          The total cryptocurrency market capitalization has increased past its previous high of $2.54 trillion reached in mid-May and posted a new peak of $2.65 trillion during today’s explosive trading action. The cumulative value of all digital market assets is now higher than the market cap of the biggest publicly traded companies, including Apple, which is worth $2.46 trillion at the time of this writing.

          The cryptocurrency market reaches a new ATH of $2.65 trillion

          Things are changing fast in the blockchain space. The total market cap was below $2 trillion at the turn of the month and has since gained more than 30%. The sharp increase was fueled by Bitcoin’s rally, which saw the world’s largest cryptocurrency reach a new ATH above the $66K mark earlier today.

          The total market cap grew from $1.84T on September 29 to $2.65T today.

          As of now, the Bitcoin supply of 18.8 million coins has a combined worth of $1.24 trillion and accounts for little more than 47% of the total cryptocurrency market cap. The second-largest crypto asset, Ethereum, accounts for 18%, while Binance Coin has a market share of roughly 3%. 

          The cumulative market value of the top 10 cryptocurrencies is approximately $2.14 trillion, which represents roughly three-quarters of the combined value of all digital assets.

          Interestingly, the number of digital currencies with a market cap higher than $1 billion now includes 102 altcoins.

          Although a lot has changed since Bitcoin last reached $60K, the biggest crypto is still by far the most important trendsetter in the sector; this was prominently on display today, as Bitcoin’s rally pulled virtually all altcoins along for the bullish ride. For reference, only 6 coins out of the top 100 are trading in the red zone at press time.

        8. TecraCoin – An Altcoin Independent of Major Cryptocurrencies

          TecraCoin – An Altcoin Independent of Major Cryptocurrencies

          In the time when cryptocurrencies are flooding the exchanges, it’s getting increasingly harder to recognize those worth trading. Although the potential of altcoins is huge, a lot of options on the market fail to represent any real value. That is also why trends of crypto-assets tend to be unpredictable, fleeting and easily influenced by price fluctuations of major cryptocurrencies, making the risk of loss as big as the possibility of profit. Is TecraCoin a solution to this problem?

          An introduction to TecraCoin

          TecraCoin was created as one of three central projects by an innovative startup company, Tecra, along with the crowdfunding platform Tecra Space and the decentralised exchange Tecra DEX. Thanks to the complementary nature of the projects that make up the company’s model, Tecra’s ecosystem remains largely independent from outside factors. This also allows TecraCoin to be free from the influence of major cryptocurrencies on the market. This is a very important feature, especially in the face of the price crash of cryptocurrencies on the market and unstable situation on crypto exchanges.

          From the entire supply of 210 million coins, approximately 78 million TCR are available on the market. TecraCoins are currently tradable on Uniswap, Hotbit, and in the upcoming days we can expect an announcement about the coin getting listed on a new, renowned exchange. For the purpose of integrating with more exchanges, the company created an ERC-20 TCR. The conversion of native coin into an Ethereum-based coin is possible via a bridge available on the Tecra Space platform. At present, TecraCoins are an amazing opportunity for arbitrage traders, as the gap in prices on DEX and CEX leave room for attractive profits.

          Tokenomics of Tecra Space and value of TCR

          As we have established, the value of TecraCoin remains independent of major cryptocurrencies. But what exactly is it influenced by? To understand that, let’s find out more about the tokenomics of Tecra Space.

          Tecra Space is a crowdfunding platform that combines traditional project financing with blockchain technology – namely tokenization, implementation of cryptocurrency, and smart contracts. It offers project creators in various growing industries the opportunity to obtain funding, and enables investors and cryptocurrency enthusiasts to participate in interesting, innovative projects that have a positive impact on our world.

          Each project,which begins their fundraising on Tecra Space, issues their project tokens. This is where Tecra’s cryptocurrency comes in. In order to obtain the tokens, you can trade them for TecraCoin. The tokens, which represent early-stage businesses, will then be tradable on Tecra DEX and repurchased by project creators for a certain percentage of their revenue over a period of 10-20 years. As TecraCoin cryptocurrency is a dedicated means of exchange on Tecra Space, its value is directly linked to the projects on the platform. The more successfully finished collections and project developments there are, the more the price of TCR will rise.

          Main applications of TCR:

          • supporting projects on Tecra Space
          • obtaining project tokens, which are a valuable asset representing real businesses
          • trading on cryptocurrency exchanges
          • participating in technological development

          Tecra’s plans for the future

          Tecra has big plans for the upcoming months. About a month ago the first project (a photovoltaic farm by Expanse Plus) began fundraising on Tecra Space – but the platform is not slowing down. At least two other projects will begin their collections before the end of this year. And of course, new projects are submitted and added to the platform on a regular basis. You can find out more about them in the “project waiting room” tab on Tecra Space.

          The launch of Tecra DEX is planned for early 2022. The project is central to the company’s ecosystem and we can’t wait to see what changes and opportunities it will bring for Tecra’s community.

          Soon TecraCoin will be listed on its third exchange, but it’s still only the beginning. Tecra is said to constantly be in contact with other top tier exchanges. You will be able to find out more about the upcoming cooperation and other Tecra’s plans during a livestream soon. During the stream, a couple of lucky viewers will have the chance to win TecraCoins from a pool of 1000 TCR, so don’t miss out!