Popular Coins Recently ({最近比较火的币})

08/16/2023 09:54 • Daily Digest • 57 views

What are the popular coins recently? Today I will share a few interesting names with you.

First, Bitcoin. It was very interesting during the bull market in 2017, with a price of $11,000 at the time. In 2016, the price was 10,000 RMB, and now it has risen to 23,000. However, the increase is not significant. When Ethereum fell below $2,000, many people believed it was a scam. But later, for various reasons, it made many investors fear and caused many people to speculate on Ethereum as a way to invest. So that’s when we realized the value of Bitcoin.

Second, Dogecoin. Its network effect is very significant. In the bear market of 2013, people supported Dogecoin and it became a hot topic in the cryptocurrency community. However, due to market uncertainty and the changing attitudes of the public and the US government towards Bitcoin, the price of Dogecoin plummeted. Therefore, many users understand this as a “roller coaster” situation.

Dogecoin is a meme coin similar to Shiba Inu. It started to be heavily promoted at the end of 2017, and even led to a market downturn. Currently, only a few mainstream coins have performed well. Of course, there are also some niche coins that have performed well, such as Litecoin, BCH, etc. These coins are mainly promoted and developed by retail investors and have gained a lot of popularity. However, recently, with the increasing influence of Elon Musk, other niche coins such as Dogecoin, Monero, Dash, and DigiByte have not performed well.

Third, Polkadot. Its token supply is limited. Since the beginning of 2018, many projects have been launched in the Polkadot ecosystem, such as Ethereum Classic and EOS. After May this year, the Polkadot Foundation announced that it will conduct token airdrops in the first half of 2019. In addition, some projects have launched their own tokens.

In addition to the above-mentioned Polkadot tokens, there are many other areas worth paying attention to. For example, the Ethereum community is discussing how to fork Ethereum and which projects can be used for transaction fee payments. In the recent period, some high-quality DeFi tokens have emerged in the Polkadot ecosystem, such as Aave’s DAI, COMP on Polkadot, YFI, and YFII.

In May and June, some netizens posted saying that DeFi projects on Polkadot either need to issue native tokens or complete fundraising by locking tokens for six months, and these tokens will eventually be burned.

Popular Coins Recently

Editor’s Note: This article is from Odaily and has been authorized to be reprinted.

The popular coins recently are Bitcoin and Ethereum, which also have a good reputation in the cryptocurrency market. However, since last year, other coins have emerged, such as Ripple (XRP) and Litecoin (LTC), etc. Many of these coins are also called “air coins” because they lack substantial value support. However, they do have some advantages that allow everyone to better understand their development direction and future prospects.

1. The top ten coins in terms of market capitalization belong to these two camps, but not everyone can justify them. In fact, before the first half of 2019, most mainstream coins were rising, so most altcoins had performed well. 1. Litecoin (LTC): Litecoin token is a new type of cryptographic digital asset with unique transaction characteristics and being linked to fiat currency. It also functions more like gold and has a strong correlation with the S&P 500 index. Another obvious feature is that it is a digital commodity or service driven by blockchain technology.2. Bitcoin processes an average of 5 transactions per second on its network, more than double that of the traditional Internet. It is also the world’s largest decentralized system and operates very quickly. Even on the current network, it has exceeded around 100,000 TPS. Therefore, compared to Bitcoin, Bitcoin is still a better choice and can even be said to be one of the most successful forms of cryptocurrency. 2. EOS: The EOS team plans to launch the EOSIO client and go live with the mainnet by the end of 2021, with the development progress report expected to be released later this year. In addition, EOS is actively seeking external partners to join the Ethereum ecosystem. 3. Monero: The recent focus includes support for Monero. The speaker said, “I believe that after this coin is launched, EOS will continue to attract attention because if we invest in this field, it may be a great positive news.” 4. Tezos: Tezos will launch its mainnet in the first quarter of this year and enter the public beta phase. It is expected to officially launch public mining at the end of this year, supporting the issuance and pledge of ETH and more new projects will also be listed on exchanges.

This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/daily/24436.html

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Popular Coins Recently ({最近比较火的币})

Popular Coins Recently

Related recommendations