Tag: BTT

  • Best Penny Cryptos Under 1 Cent in 2026

    Best Penny Cryptos Under 1 Cent in 2026

    In 2026, you’ll find numerous promising penny cryptos under 1 cent offering exciting investment opportunities. Shiba Inu (SHIB), with its robust community and potential tied to ShibaSwap, can’t be ignored. Amp (AMP), essential for secure digital payments, and Sia (SIA), which offers decentralized data storage, also hold significant promise. 

    Additionally, projects like SIDUS (SIDUS) in the Web3 gaming sector and meme coins such as Pepe Coin (PEPE) and Bonk (BONK) leverage cutting-edge technologies and entertainment value to deliver diverse avenues for growth. 

    But which ones of all the numerous penny cryptos are most likely to yield huge returns? That’s what this article aims to help with.

    List of the best penny cryptos under 1 cent in 2026

    1. Shiba Inu – All-encompassing crypto ecosystem with meme beginnings
    2. Pepe Coin – Popular meme coin based on the Pepe meme
    3. Bonk – Solana’s top meme coin
    4. Amp – Collateralizing digital payments with AMP
    5. Sia – Decentralized data storage powered by smart contracts
    6. Ravencoin – Blockchain specialized for efficient asset transfers
    7. BitTorrent – Decentralized file sharing powered by BTT
    8. eCash – Blockchain payments on a “mankind scale”
    9. Jasmy – IoT-focused project bringing data sovereignty to users through blockchain
    10. Baby Doge Coin – Taking on Dogecoin with transaction and tokenomics improvements
    11. Holo – Avoiding centralized Internet authorities with Holochain apps
    12. DigiByte – DeFi ecosystem with a long and successful track record
    13. Zilliqa – A powerful dApp platform powered by ZIL
    14. Access Protocol – A web3 approach to premium content and subscriptions

    The 14 best penny crypto projects: Examining crypto coins under 1 cent with huge upside potential

    When examining the best penny crypto projects under 1 cent, there are multiple categories and types that comprise our list. They include DeFi projects, NFTs, Meme coins, Gaming, and even Launchpads.

    Each of these cryptocurrencies offers unique value propositions and high upside potential, and we believe them to be viable options for investors seeking substantial returns.

    1. Shiba Inu (SHIB) – All-encompassing crypto ecosystem with meme beginnings

    Shiba Inu (SHIB), currently priced at approximately $0.000005443, stands as a prime example of a penny cryptocurrency with substantial growth potential.

    SHIB boasts a market cap of $3.21 billion, which shows significant investment and liquidity. Its strong community and ecosystem differentiate it from other penny cryptos, and its success has spawned a large number of copycats that are trying to be the next Shiba Inu. It’s also by far the largest cap on our list, and it has consistently stayed among the top 30 cryptocurrencies. 

    Future developments include integration within the ShibaSwap decentralized exchange, which aims to increase utility and use cases for the token.

    SHIB exhibits high volatility, with a 24-hour trading volume of approximately 40%, appealing to risk-seeking investors.

    As a prominent meme coin, Shiba Inu leverages community-driven growth strategies, making it a coveted investment with many positive price predictions for Shiba Inu

    2. Pepe Coin (PEPE) – Popular meme coin based on the Pepe meme

    Pepe Coin (PEPE) has garnered significant attention in the meme cryptocurrency space since its April 2023 launch. As an ERC-20 token, Pepe Coin allows investors to participate in a vibrant ecosystem despite lacking unique utility among its meme coin counterparts.

    Built around the popular Pepe the Frog meme, which has been a cherished part of internet culture since around 2008, Pepe Coin gained popularity within the cryptocurrency community shortly after its official release.

    The Pepe Coin team describes PEPE as “the most memeable memecoin in existence” on their official website, presenting it as a competitor to other meme coins like Dogecoin and Shiba Inu. Notably, the team behind Pepecoin consists of anonymous members. 

    Pepecoin doesn’t offer any unique utility, as highlighted on its website. The team describes Pepe as being “fueled by pure memetic power” and emphasizes that the coin is “completely useless and for entertainment purposes only.” 

    Despite not having any major ambitions, Pepe Coin is the third most successful meme coin on the market, behind only Dogecoin and Shiba Inu.

    3. Bonk (BONK) – Solana’s top meme coin

    Bonk is a meme coin on the Solana blockchain, gaining major attention during its late 2022 launch when it was freely distributed to the Solana community. As outlined on the Bonk website, the project aims to diminish the influence of venture capital investors within the Solana ecosystem and restore power to “the people.” 

    The Bonk team reports over 130 integrations spanning gaming, gambling, decentralized finance, and NFTs. Notably, the Bonk community has developed multiple games where users can both spend and earn BONK.

    Additionally, users can deposit their BONK into various DeFi tools to earn yield, participate in no-loss lotteries, and engage in other activities. Solana’s recent resurgence has also had a positive impact on BONK. In July 2025 alone, the token saw gains of over 300% against the US dollar. If Solana continues to build on its momentum, we could see Bonk becoming one of the best-performing meme coins on the market. 

    4. Amp (AMP) – Collateralizing digital payments with AMP

    Amp (AMP) is a collateral token designed to facilitate secure and instant transactions in digital payments, making it a pivotal part of the Flexa payments network.

    Currently valued at around $0.001, Amp has a market capitalization that reflects its growing adoption in mainstream payment systems.

    The token’s functionality includes providing collateral to protect blockchain transactions against fraud and enabling instant transaction speeds. Amp’s unique utility in bridging crypto and fiat currencies positions it favorably for potential growth as more businesses adopt digital payment solutions.

    As a penny crypto to buy, Amp offers substantial upside potential. This may make it an attractive investment with increasing demand for reliable financing mechanisms in the DeFi ecosystem.

    5. Sia (SIA) – Decentralized data storage powered by smart contracts

    Sia (SIA) stands out as a decentralized storage platform where users can monetize their unused hard drive space.

    As a penny crypto currently priced at $0.001078, SIA offers an accessible entry point for investors.

    Leveraging smart contracts, Sia guarantees secure and transparent transactions between storage providers and users.

    With the growing demand for data storage, especially in cloud services, Sia’s cost-effective solutions position it for potential future appreciation.

    6. Ravencoin (RVN) – Blockchain specialized for efficient asset issuance and transfers

    Ravencoin (RVN), a fork of Bitcoin, has been crafted to streamline the creation and transfer of digital assets. We will admit, this is slight cheating, considering that RVN is priced slightly above 1 cent. Still, we feel RVN offers a good investment opportunity for those seeking significant upside potential with smaller investments.

    It employs the KAWPOW algorithm, enhancing mining efficiency and decentralization. As of October 2026, Ravencoin has seen increased community engagement and adoption, signaling growing interest and practical use cases.

    Ravencoin can fulfill a variety of use cases. The blockchain can be used to issue tokenized securities such as stocks, digital collectibles, fungible tokens, tokens representing physical items such as gold bars, and more. 

    Anyone who wants to create a new crypto asset on the Ravencoin network has to burn a specified amount of RVN coins. Assets issued on Ravencoin can have many parameters (such as the amount of decimal numbers, fungibility, etc.), allowing users to fine-tune the assets they issue for specific use cases.

    Its strong focus on asset tokenization positions it favorably in the evolving blockchain environment, potentially driving demand and value appreciation. With its innovative technology and increasing adoption, Ravencoin stands out as a promising penny crypto under 1 cent with huge upside potential.

    7. BitTorrent (BTT) – Decentralized file sharing powered by BTT

    BitTorrent (BTT) is the epitome of a high-risk, high-reward investment opportunity. If you’re into tech at all and haven’t been living under a rock for the past decade, you’ve heard of BitTorrent.

    What you may not have heard is that it was bought by Justin Sun (the controversial founder of Tron), and that ever since then, BitTorent has been focusing on using blockchain technology.

    This decentralized file-sharing protocol leverages blockchain technology to enhance speed and efficiency. Essentially, it incentivizes users to share files via P2P (peer-to-peer) mechanisms, while utilizing a decentralized filing system.

    With a substantial user base of millions, BTT boasts a robust ecosystem. The recent integration with TRON’s blockchain has streamlined transactions and enhanced service offerings.

    8. eCash (XEC) – Blockchain payments on a “mankind scale”

    eCash (XEC) is targeted at enhancing transaction efficiency while utilizing a unique consensus protocol.

    It features instant transactions and secure payment functionalities, positioning it favorably in the evolving landscape of digital assets.

    The project’s roadmap suggests continuous developments and huge ambitions. The eCash team is focused on a lofty goal – building a blockchain network on the so-called “Mankind Scale”, which would be able to process over 5,000,000 transactions per second (TPS). 

    Easier said than done, of course, but if the team comes anywhere close to that adoption goal, XEC, the native token of the eCash platform, could easily earn the title of the most promising crypto under a penny.

    With a current price below 1 cent, eCash presents an accessible investment opportunity for those seeking exposure to cryptocurrencies with high upside potential.

    9. Jasmy – IoT-focused project bringing data sovereignty to users through blockchain

    JASMY (JASMY) is the native token of the Jasmy platform, a project focused on redefining data ownership in the era of the Internet of Things (IoT). Founded by former Sony executives, Jasmy combines blockchain and IoT technology to give individuals full control over their personal data. Instead of allowing large corporations to collect and monetize user information, Jasmy aims to build a decentralized system where users can securely manage and benefit from their own data.

    One of the core ideas behind Jasmy is data sovereignty. The platform enables users to store personal information in secure, decentralized environments and decide who can access it. By shifting control from centralized tech giants to individuals, Jasmy seeks to create a fairer digital economy where data becomes a personal asset rather than a corporate commodity.

    Jasmy operates on the Ethereum blockchain and introduces tools such as the Secure Knowledge Communicator (SKC) and the Smart Guardian (SG). These components are designed to facilitate secure communication between IoT devices while protecting sensitive information. This infrastructure supports practical use cases, particularly in industries where secure data exchange between devices is critical.

    The JASMY token plays a central role within the ecosystem, powering transactions and incentivizing data sharing between users and businesses. Companies that want to access user data must compensate individuals through the platform, creating a marketplace for trusted data exchange.

    We think JASMY stands out by targeting the growing intersection of blockchain and IoT, offering a clear real-world use case centered on data ownership and privacy in an increasingly connected world.

    10. Baby Doge Coin (BabyDoge) – Taking on Dogecoin with transaction and tokenomics improvements

    Launched in June 2021, BabyDoge operates with a deflationary token model, where 5% of each transaction is redistributed to existing holders, incentivizing long-term holding.

    Baby Doge Coin (BABYDOGE) is a Dogecoin-inspired cryptocurrency (we know, who would have thought right) that seeks to improve upon the original meme coin with greater transaction speeds, hyper deflationary tokenomics, integrated staking system, and, well, adorableness. 

    During the 2022-2023 bear market, Baby Doge Coin added several new features, including a chess game and an AI image generator, revamped its website and token burning portal, and more. The token also outperformed more than 50% of the top 100 largest market-cap digital assets, including the likes of Dogecoin, Solana, and Shiba Inu. 

    If its performance during the past crypto winter is any indication, the meme coin could see a major price boost once the market trend reverses.

    BabyDoge’s commitment to supporting charitable causes, particularly in pet rescue organizations, enhances its appeal to socially conscious investors.

    With secured partnerships and marketing initiatives, this meme coin holds potential for significant price appreciation as community engagement grows.

    All these reasons make it one of the likeliest meme coins to explode candidates.

    11. Holo (HOT) – Avoiding centralized Internet authorities with Holochain apps

    Holo (HOT) stands out in this space, serving as the native cryptocurrency of the Holochain platform. Specifically designed to support decentralized applications (dApps) with a focus on scalability and efficiency, HOT facilitates transactions within the Holo ecosystem while doing away with centralized entities.

    With all aspects of our lives moving online at an increasing pace, we rely more and more on centralized entities like Google, Amazon, and Microsoft for both computational power and cloud storage. Holo (HOT) is the native token of the Holochain platform, which aims to disrupt the established paradigm.

    At its core, Holochain is an open-source P2P framework that allows users to take advantage of hApps (Holochain apps) that connect their devices among themselves without having to rely on centralized servers. 

    Applications run on users’ devices, putting them in charge of their identities and data. Users who host hApps are rewarded with HOT, which creates clear and natural adoption mechanics that could help the token grow in price drastically as the network expands.

    12. DigiByte (DGB) – DeFi ecosystem with a long and successful track record

    DigiByte (DGB) is the oldest project on our list, launched more than a decade ago, in January 2014. That makes it older than Ethereum, crazy to think about.

    DigiByte is a community-driven project that places emphasis on secure payments and communications. The DGB token acts as a medium of exchange between dApps and smart contracts on the DigiByte platform.

    The DigiByte blockchain platform is split into three layers. The top layer acts as an app store of sorts and allows for the development and hosting of decentralized applications (dApps). The middle layer ensures security and administration as well as stores the public ledger. 

    Finally, the bottom layer facilitates communication and operating processes. DGB could turn out to be one of the cryptos under a penny that will explode as long as the DigiByte network continues expanding.

    Despite its low price, DigiByte’s active development and increasing partnerships in various sectors make it a promising candidate for investors looking for high upside potential in penny cryptos.

    13. Zilliqa (ZIL) – A powerful dApp platform powered by ZIL

    Zilliqa (ZIL) is known for its sharding technology, which considerably enhances scalability. It’s a public blockchain platform designed to address the scalability limitations of other blockchains, such as Ethereum and Bitcoin.

    With a focus on smart contracts and decentralized applications, Zilliqa’s innovative approach positions it favorably in the rapidly growing blockchain ecosystem.

    The current market cap for Zilliqa is approximately $250 million, and yes, once again, the price is slightly higher than 1 cent, it’s currently standing at $0.0133.

    Zilliqa has demonstrated promising partnerships and collaborations that could drive adoption, particularly in sectors like gaming and finance.

    As blockchain scalability becomes increasingly necessary, Zilliqa’s solutions may enable broader utilization and adoption, leading to potential price appreciation under 1 cent.

    This makes Zilliqa a strong contender.

    14. Access Protocol (ACS) – A web3 approach to premium content and subscriptions

    Access Protocol (ACS) presents a compelling opportunity focusing on a new day to monetize digital content.

    ACS offers a decentralized platform where users access premium content through token deposits, fostering community engagement and support for content creators.

    Each time a user deposits ACS into a creator pool, a 2% fee is collected, and the tokens collected in this way are burned. Initially deployed on the Solana blockchain, Access Protocol also has plans to launch on the StarkNet layer 2 platform. 

    By leveraging partnerships, ACS aims to boost user experience and drive token adoption, positioning it favorably in emerging market trends.

    As the digital age demands innovative solutions for content consumption, ACS’s unique model and growing ecosystem make it an attractive investment option, especially for those who are sick of stifling rules of other content platforms, such as Youtube, Twitch or Kick. 

    Penny cryptos under 1 cent comparison chart

     TickerLaunched inDescriptionMarket cap
    Shiba InuSHIB2020All-encompassing crypto ecosystem with meme beginnings$3.22 billion
    Pepe CoinPEPE2023Popular meme coin based on the Pepe meme$1.44 billion
    BonkBONK2022Solana’s top meme coin$520 billion
    AmpAMP2020Collateralizing digital payments with AMP$119  million
    SiaSIA2015Decentralized data storage powered by smart contracts$60.21 million
    RavencoinRVN2018Blockchain specialized for efficient asset issuance and transfers$90.21 million
    BitTorrentBTT2019Decentralized file sharing powered by BTT$327 million
    eCashXEC2021Blockchain payments on a “mankind scale”$141 million
    JasmyJASMY2021IoT-focused project bringing data sovereignty to users through blockchain$269 million
    Baby Doge CoinBABYDOGE2021Taking on Dogecoin with transaction and tokenomics improvements$149 million
    HoloHOT2018Avoiding centralized Internet authorities with Holochain apps$239 million
    DigiByteDGB2014DeFi ecosystem with a long and successful track record$123 million
    ZilliqaZIL2019A powerful dApp platform powered by ZIL$250  million
    Access ProtocolACS2023A web3 approach to premium content and subscriptions$51 million

    The bottom line

    When investing in penny cryptos under 1 cent in 2026, you should know that usually, it means you are entering a high-risk proposition. Yes, there is a chance for huge returns, and getting that 10x, 100x, or even a 1000x is not impossible if you know how to find new crypto with huge potential.

    However, you should never allocate a big chunk of your portfolio into these kinds of projects. Try to aim to have no more than 3-5% of your portfolio in penny cryptos, as a way to counter the high-risk investments with safer ones.

  • Snowfall Protocol (SNW) Beating Both Loopring (LRC) and BitTorrent New (BTT) as Decentralized Finance Platform to Buy

    Snowfall Protocol (SNW) Beating Both Loopring (LRC) and BitTorrent New (BTT) as Decentralized Finance Platform to Buy

    Hundreds of different cryptocurrencies claim to be the ultimate solution for whatever problem they are solving. Two such coins are Loopring (LRC) and BitTorrent New (BTT), which emerged with a lot of fanfare and are now fizzling out.

    In comparison, genuine value providers like Snowfall Protocol (SNW) are snapped up in their presales phases as the experienced cryptocurrency user knows they will not be available for such low prices once the low presale prices end.

    Loopring Token (LRC)

    The Loopring token (LRC) is a token on the Loopring protocol. The Loopring is a blockchain project that facilitates developers in building their decentralized exchanges (DEXs).

    The project wants to offer developers a connected network of yield farming platforms where people that want to trade crypto can access different platforms from a single dashboard.

    However, unlike Snowfall Protocol’s blanket facility for cross-chain swaps, the Loopring protocol is limited to Ethereum. Over time, such limited offerings become cumbersome for users because developers and gamers find platform restrictions expensive to manage, as the ability to trade and swap digital assets across chains is a huge benefit that only Snowfall is offering. 

    BitTorrent (BTT)

    BitTorrent has offered a top-rated entertainment streaming service since 2000. After the Tron Foundation acquired it in 2019, it was launched on the crypto coin market to attract more traffic and grow the BitTorrent protocol

    The protocol’s primary goal is to improve file sharing and minimize server impact.

    The move into the crypto market was intended to make it a more distributed network, rewarding providers while increasing file-sharing efficiency to minimize server and network impact.

    However, unlike Snowfall Protocol’s blanket facility for cross-chain swaps, the BitTorrent protocol is again limited to file transfer and sharing and does not offer yield farming features. 

    Snowfall Protocol (SNW)

    In the current crypto scenario, what is essential is effectively connecting the technical and conceptual gap between a centralized and decentralized world. It does not matter how great the technology or concept of a blockchain is. No one will be interested if it is not user-friendly. Snowfall does this by offering its investors an easy and inexpensive means to start yield farming.

    Yield farming is a Decentralized Finance term for earning rewards. This means that investors can make from lending tokens to active traders by providing liquidity for crypto trading pairs. It is a passive and low-risk means to earn income. The base mechanism behind the concept is complex for novice investors just looking for a reliable means to invest their money. This is where Snowfall makes the DeFi-based yield farming concept simple for all.

    The ease with which one can earn passively with Snowfall is the reason behind its high presale demand among retailers. Snowfall Protocol (SNW) offers its users a portfolio of carefully curated tokens to help its investors get a strategic portfolio to get a stable income stream.

     In addition, users can earn rewards from using the platform for their crypto trading needs.

    This is why investors are flocking to buy Snowfall protocol (SNW) during its presales stage to benefit from the low prices.

    We recommend you get in now at ground level as you are almost guaranteed to profit as the price will keep climbing!  Click the links below to learn more now!

    Website: https://snowfallprotocol.io

    Telegram: https://t.me/snowfallcoin

    Presale: https://presale.snowfallprotocol.io

    Twitter: https://twitter.com/snowfallcoin

    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.

  • The Graph is the #3 Coin to Watch for the Week of February 21 – February 27, 2022

    The Graph is the #3 Coin to Watch for the Week of February 21 – February 27, 2022

    After another week of red numbers, the total cryptocurrency market capitalization slipped from $1.93 trillion to $1.78 trillion. Bitcoin, the world’s oldest crypto and the largest one by market capitalization, lost nearly 10% of its value in the last 7 days, plunging through a key support level at $40,000. The price movements that took place last week generally validate Bitcoin’s status of the crypto sector’s barometer, as many major coins and tokens followed BTC’s example and ended up suffering similar or even greater losses. 

    3. The Graph (GRT)

    The Graph is an indexing protocol designed for querying networks like Ethereum and IPFS through the creation of open APIs. Within The Graph’s network, these public APIs are called subgraphs. Think of The Graph as a reverse version of Chainlink. While the former makes real-world data available on the blockchain, The Graph makes blockchain data available off-chain. This allows users and developers to quickly search for relevant blockchain data across Ethereum network and feed the results into their apps and smart contracts. Although The Graph currently only supports Ethereum network, the team plans to add support for Ethereum virtual machine (EVM) compatible networks including Binance Smart Chain, Avalanche, Fantom, Arbitrum, Polygon and Moonriver, soon.

    Prominent VCs Join Forces to Launch a $205 million ecosystem fund for The Graph

    It has recently been revealed that several venture capital (VC) firms have joined forces to establish a multimillion fund focused at boosting The Graph’s future progress and growth. Reportedly, investors include Digital Currency Group, Multicoin Capital, gumi Cryptos Capital, NGC Ventures, HashKey, and Reciprocal Ventures. These companies have recognized The Graph’s potential in a world where Web3 is rapidly gaining popularity and has already become a buzzword in the tech space. The thing is that Web3 solutions are heavily dependent on oracle and data providers. Craig Burel, an executive at Reciprocal Ventures, also highlighted the immense importance of The Graph in the upcoming world of Web3. He applauded the establishment of the $205 million ecosystem fund by saying:

    “To expedite that future, we have come together with some of the biggest players in the crypto industry to provide strategic capital and resources to developers aligned with The Graph’s mission to bring Web3 to fruition.”

    Besides supporting teams developing DeFi protocols, NFT applications, DAOs, Metaverses, the fund will also provide funding for developers that are working on creating new subgraphs, indexer tooling, dApp tooling, or in other way helping grow The Graph’s community.

    2. BitTorrent (BTT)

    Released by Bram Cohen in 2001, BitTorrent is one of the world’s largest decentralized peer-to-peer (P2P) file sharing protocols in the world by number of users. In fact, almost every torrent client utilizes the BitTorrent protocol. In July 2018 blockchain platform TRON purchased the BitTorrent platform and since than the protocol has ventured in the blockchain world. BitTorrent aims to build a token-based economy for networking, bandwidth, and storage resources on the existing BitTorrent network using BTT. The BitTorrent Chain (BTTC) launched on December 12, 2021. 

    BitTorrent to launch BTFS 2.0 on mainnet on February 22

    The BitTorrent team has announced they are deploying the BTFS (BitTorrent File System) 2.0 to the BitTorrent Chain (BTTC) mainnet on February 22. According to the announcement, the BTT rewards awarded to users participating in the blockchain’s consensus will now be deposited to addresses on BTTC and not TRON addresses any more. In addition, BitTorrent has established a 3-week transitory period, in which they will increase the proportion of rewards being awarded to BTFS 2.0 nodes and decrease rewards for BTFS 1.0 nodes. From March 8 on, the rewards will be airdropped solely to BTFS 2.0 nodes, while BTFS 1.0 nodes will no longer receive any rewards.

    BTT is currently changing hands at a price of $ 0.000002 per token. The incredibly low price is largely due to the BitTorrent token’s recent redenomination, which saw the supply increase by 1000x compared to the old TRC10-based BTT token supply (now referred to as BTTOLD). Nevertheless, the new token (BTT), which is TRC20-based and mapped to the BitTorrent Chain mainnet still manages to net a market capitalization of $1.84 billion because of its enormous circulating supply of 932.5 trillion BTT.

    1. NEO (NEO)

    The NEO project started its journey in 2014 under the name “AntShares” and launched its first mainnet in 2016 following a successful initial coin offering (ICO). Soon after that, in 2017, the project rebranded to NEO. Holders of the NEO token periodically receive GAS, which is used for deploying and running smart contracts and dApps on the NEO blockchain. Both tokens (NEO and GAS) have a maximum supply of 100 million coins. What makes NEO stand apart from other tokens is that it is indivisible, meaning that the smallest amount of NEO one can hold, send or receive is 1 NEO. The NEO blockchain relies on a dBFT (delegated byzantine fault tolerant) consensus algorithm and supports issuing custom tokens, with NEP-5 being the most commonly used standard for NEO-based tokens.

    NEO to be included in China’s state-sanctioned blockchain infrastructure project

    There are several factors that are causing NEO to perform better than other coins in the last month. Besides the launch of the N3 upgrade that took place in the second half of 2021 and the roll-out of several novel DeFi and NFT projects on NEO, there is one more news piece that caused positive sentiment to start spreading among NEO investors. Recently, the announcement made by China’s Blockchain-based Service Network (BSN), a state-sanctioned blockchain infrastructure project that is developing a platform for non-fungible tokens (NFTs) that is developing that is compliant with Chinese regulations, is driving the demand for NEO through the roof. The aforementioned announcement stated that a NEO-based blockchain will be one of the ten blockchains supported by the network BSN is a blockchain infrastructure project.

    While NEO’s existing blockchain will not be included in this state-sanctioned blockchain infrastructure, NEO will develop a dedicated Jiuquan Chain for the BSN. Nevertheless, the fact that BSN selected NEO as a framework provider itself acts as a huge stamp of approval and reference for the project.