Cryptocurrency markets: Top 10 coins with greatest 24-hour change 5 Jan 2018
Tron, FunFair and Dent. Here are all the biggest crypto movers over the last 24 hours.
While 2017 was the year of bitcoin, it's looking like 2018 will be the year of the altcoin as other currencies begin to be noticed off the back of bitcoin's hype.
These are the biggest movers over the last day.
1. Tron (TRX) +122%
Tron has had a huge start to 2018, with the currency going up by double digits every day of the year. These big jumps are off the back of Tron's founder announcing that his company has lined up big partnerships with some big NASDAQ listed companies, with one of those rumoured to be Alibaba.
The company also announced two days ago that it was partnering with popular gaming platform game.com where it will use TRX as a virtual currency.
2. Po.et (POE) +79%
There's a trend at the moment of buyers looking for coins with good circulations and small prices. They're not looking at technology or any real reason behind why the coins exist, purely at its circulation against price. Po.et is a coin that is benefiting from this trend at the moment.
3. Dent (DENT) +60%
Dent appears to be slightly over-correcting itself after it dived 25% just a few days ago. Dent will also be listed this week on the Qryptos platform which has brought a bit more hype around the coin.
4. FunFair (FUN) +59%
FunFair was recently listed as one of the top 10 coins for 2018 on the r/cryptocurrency Reddit subreddit, one of the most popular message boards on the Internet for cryptocurrencies. As a result, the price has spiked.
5. Ripple (XRP) +42%
The hype continues for Ripple, following its big news last month. Ripple's joint venture with Japanese financial institution, SBI Ripple Asia, announced last week that it's exploring how it can use the technology in card payments across Asia. The price has been skyrocketing ever since.
6. Stellar Lumens (XLM) +41%
Stellar had a huge week, and a huge 30 days. Since just Christmas, its price is now up over 120%. IBM has announced it's using Stellar to develop a cross-border payment system for big banks, allowing transactions between different currencies to settle in seconds, not days.
7. Ethos (ETHOS) +37%
One of Ethos' big products, its universal wallet, is due to come out soon. Buyers are jumping on that, as well as its up-trend based on circulation and price.
8. ChainLink (LINK) +36%
Like FunFair, LINK has seen a jump thanks to some recommendations on popular Reddit boards, as well as popular crypto Twitter accounts recommending LINK to as a buy now.
9. Centra (CTR) +34%
Despite its founders being exposed late last year for lying about partnerships, Centra still keeps rising. The platform promises the ability to use cryptocurrencies to purchase and pay for any item or service through a debit card. In the last few days, videos have been released from the company showing footage of someone making a cash withdrawal using a Centra card, which is likely why the price has most recently spiked.
10. DigiByte (DGB) +34%
DigiByte recently announced that its new wallet is finally ready and has been submitted to the iOS App Store to be listed, marking a big step in the company's future.