The post Surge Alert: The 5 Hottest Cryptos Making Waves Right Now! appeared first on Coinpedia Fintech News
This bull season, the meme coins got the highest attention from the investors. This does not mean that other cryptos are not performing well. There are a lot of cryptos with various real world utilities that are making their way towards heights. Let’s explore the top 5 crypto coins with the highest gains in the last 24 hours.
eCash (XEC)
The top position in our list is captured by eCash. It has surged 12.68% in the last 24 hours and holds the position with a market cap of $116 million. Currently trading at a price of $0.00003978, eCash has seen a rise of 1494.89% in its trading volume.
For the people who are unaware of eCash or XEC, this is a rebranded version of Bitcoin Cash ABC which is a fork of Bitcoin cash and has the heredity of Bitcoin. It uses a proof of stake consensus layer called Avalanche. It has nothing to do with the Avalanche Blockchain.
JasmyCoin (JASMY)
Launched in 2021, Jasmy has seen an all time high of $4.29, however currently trading at $0.03183, a 97% below its ATH. In the last 24 hours seen a rise of 23% in its trading volume, this crypto coin is sitting at a market cap of $1.5B.
What is good in this project you may ask, well, this crypto belongs to a tokyo based IOT provider. With the rise in technology, everything from a smartwatch to a refrigerator is an IOT because they are connected to the internet and can transmit data.
Kaspa
Kaspa or KAS is a proof of work crypto that is very different from other cryptos of the same kind. Unlike other POS cryptocurrencies like Bitcoin who orphans the parallel blocks, this project allows them to coexist. To perform this action, this crypto implements the GHOSTDAG protocol. Currently trading at $0.1889, its trading volume in the last 24 hours has increased by 182% giving it a rise of 4.14% in its market cap.
Bitcoin Cash (BCH)
Originating from Bitcoin in 2017, BCH still follows the original protocol to stay a peer-to-peer electronic cash system. Bitcoin Cash was created by splitting the Bitcoin blockchain by making certain changes. It is the result of differences in the Bitcoin community over the SegWit upgrade that happened in 2017.
BCH is currently trading at a price of $392.84 with a 4.54% rise in the price in the last 24 hours. With the core of Bitcoin, BCH has a max supply of 21 Million coins and circulating supply of 19.73 M coins.
BitTorrent (BTT)
Last in our list is the Tron owned BitTorrent which is a popular peer to peer file sharing platform. It was released in 2001 and was purchased by Tron blockchain in 2018. According to its documentation, it is currently the largest decentralized p2p communication protocol. With a 27.48% rise in its trading volume in the last 24 hours, BTT is now trading at a price of $0.0508980.
Closing thoughts
Crypto world is an ever changing ever evolving space and there are millions of tokens that can be bought, however it is the duty of the investors to perform due diligence before making any financial decisions. There are many cryptos without any real use case or utility in the real world and they might sometimes get huge pumps. It is always a smart decision to invest in tokens that can actually make an impact in the real world and not just in the virtual one.
Also Read : Shiba Inu’s Secret Weapon: Why SHIB Will Explode in 2024!
