On this wednesday, 25th of august at around 4:25am UTC , while taking a look at the coins in livecoinwatch, I noticed two green coins in a red see, like in this former article, where there were also two green coins in a red see...
This time, the name of the two coins were different from the former ones(ATOM and ICP):
Like you can see in the screenshots below, their names are AVAX(AVALANCHE) and QNT(QUANT). AVAX with a 7.99% , and QNT with a 7,16% increase in dollar price over 24 hours, whereas all the other coins from the first 50 are in the red color.
Like in the former article , I was surprised to see two green coins in a see of red ,and I asked myself:"How come?"
Soo, I started taking a look in the website and the twitter accounts of these two coins.
1.WHAT IS AVALANCHE?
Avalanche is an open-source platform for launching decentralized finance applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Developers who build on Avalanche can easily create powerful, reliable, and secure applications and custom blockchain networks with complex rulesets or build on existing private or public subnets. Avalanche gives you complete control on both the network and application layers–helping you build anything you can imagine.
At this moment, AVALANCHE is at rank 19, with: MARKET CAP$9.289 B
The twitter account started in October 2018, and has now 214.4K followers.
2.WHAT IS QUANT?
Quant platform is a standard and protocol-agnostic ecosystem simplifying the process for connecting existing blockchain based systems across multiple networks using Quant DLT Distributed Ledger Technology powered by Quant token QNT. Quant enables users to view and share information and value across blockchain networks in a secure and cost-effective manner.
At this moment, QUANT is at rank 50, with:
MARKET CAP$2.580 B
The twitter account started in October 2016, and has now 40.7K followers.
I asked myself:"Is there something , that these 2 coins have in common, to try to declare the green color, whereas all other coins in the first 50 of Market Capitalization where in red?"
Well, I think the answer for this question , must be preceded by prior in depth examination, and that, dear reader, is the reason for me, as for now, to say goodbay and cheers to you , until my next article!
Image by Weksart from Pixabay
