Hello HODLers!

Here comes our update on the top-5 performing crypto of the last 24 hours. The goal of this post is to compare the returns of the top-100 crypto projects by market capitalization on Coinmarketcap and introduce you the 5 coins that have recorded the largest price increase during the past 24 hours.

1. Crypto.com Coin (CRO): $0.2189  (+57.62%)

Crypto.com Coin (CRO) is the native cryptocurrency token of Crypto.com Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading and financial services company. Crypto.com Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data and protecting users’ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app. In the future, Crypto.com plans to expand the reach of the CRO platform to power its other products as well. CRO went live in November-December 2018.

Source: https://coinmarketcap.com/currencies/crypto-com-coin/

Official Website: https://crypto.org/

2. IOST (IOST): $0.06363 (+49.01%)

IOST describes itself as an “ultra-fast,” fully fledged and decentralized blockchain network and ecosystem with its own nodes, wallets and based on the “next-generation” consensus protocol dubbed “proof-of-believability.”

Source: https://coinmarketcap.com/currencies/iostoken/

Official Website: https://iost.io/

3. KuCoin Token (KCS): $6.43 (+46.62%)

KuCoin is a third-party exchange that allows you to purchase, trade and sell many different cryptocurrencies. The KuCoin Token (KCS) is the exchange’s own cryptocurrency. KuCoin was launched on September 15, 2017. Its ICO secured 5500 bitcoins in funding, worth $27.5 million at the time. KuCoin completed its series A funding round with $20 million in funding from NEO Global Capital (NGC), Matrix Partners and IDG Capital. The objective of this project was to create a simple yet safe platform where people from across the globe could trade digital assets. As of 2018, KuCoin gathered more than a million users. The KuCoin Token (KCS) is a native currency on the KuCoin exchange platform. This token allows holders to make a profit from the success of the exchange itself. KuCoin takes into account the amount of KCS all users hold when distributing coins. The more KCS a user has, the more dividends they will receive. The key feature of KCS is the way in which its holders receive daily cryptocurrency dividends. It has a user-friendly exchange format and low fee structure. It features a 24/7 support service, offers exclusive KCS holder rights, is based on the ERC20 standard, has numerous trading pairs including BTC, ETH, NEO, USDT, and BCH and has a high level of security.

Source: https://coinmarketcap.com/currencies/kucoin-token/

Official Website: https://www.kucoin.com/

4. Terra (LUNA): $8.01 (+35.84%)

Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements. Development on Terra began in January 2018, and its mainnet officially launched in April 2019. As of September 2020, it offers stablecoins pegged to the U.S. dollar, South Korean won, Mongolian tugrik and the International Monetary Fund's Special Drawing Rights basket of currencies — and it intends to roll out additional options. Terra's native token, LUNA, is used to stabilize the price of the protocol's stablecoins. LUNA holders are also able to submit and vote on governance proposals.

Source: https://coinmarketcap.com/currencies/terra-luna/

Official Website: https://terra.money/

5. Fantom (FTM) $0.3916  (+35.15%)

Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm. Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds. The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.

Source: https://coinmarketcap.com/currencies/fantom/

Official Website: https://fantom.foundation/

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