Cryptocurrency: Top 10 coins with the greatest 24-hour change 20 Feb 2018
Take a look at the ten coins which saw the biggest gains in the last 24 hours.
A bullish market is seeing a lot of green on the board, with some coins seeing gains of 10-20% on 20 February 2018. Of the coins in the top 100 by market cap, according to CoinMarketCap, these are the greatest 24 hour gains.
1. Emercoin (EMC) – up 17.7%
Launched in 2013 as a distributed blockchain service for personal and business use, Emercoin peaked at around double its current price on 14 January while the rest of the market was booming.
Some people might be keen to see it return, although it's worth bearing in mind that it also has a relatively modest US$1.2 million 24 hour trade volume.
2. VeChain (VET) – up 17%
This token was designed primarily for supply chain management but is also seeing applications in financial services. It's no stranger to sharp ups and downs, and to date, its price rises may have been largely fed by a steady diet of partnerships and announcements.
3. Polymath (POLY) – up 16.7%
This token is designed especially for investors, which seems like the kind of thing that would fuel a rise in today's highly speculative cryptocurrency markets. It's a relatively new addition to the open markets but was making waves with partnerships even before it commenced public trading.
4. Ethereum Classic (ETC) – up 14.4%
This cryptocurrency is historically unique. Since its creation by fork in 2015 at least.
It's technically the original Ethereum, but an ideological schism drove it apart from its now-more-popular sibling. While it can't match the sheer scope of Ethereum's ecosystem, it's still seeing development.
5. Kin (KIN) – up 13.5%
This is the native token of the Kik messaging and social platform. It's one of the day's largest growers, but with a 24 hour trade volume of only $650,000, it might be prone to very sharp ups and downs. Limited availability, plus a fairly well hyped name in the Kik platform, might make it more prone to deliberate price manipulation than other coins.
6. Neblio (NEBL) – up 11.2%
A decentralised, open source token that's designed to simplify institutional adoption of blockchain solutions.
Despite a relatively small market cap of "only" $240 million at the time of writing, it's listed on Binance which might contribute to heartier trading.
7. Ignis (IGNIS) – up 10.6%
This is one of the tokens of the multi-chain Ardr business blockchain ecosystem. The entire Ardr/Ignis system is designed to offer a flexible blockchain system for businesses, using child-chains to let businesses create their own blockchain solutions with the exact features needed, while still getting the benefits of a large decentralised network.
8. Aion (AION) – up 10.2%
A system designed for interoperability across blockchains, while resolving some of the problems with scalability and performance that older ecosystems are experiencing.
9. WAX (WAX) – up 10.1%
The Worldwide Asset eXchange, a decentralised marketplace for digital goods, with an emphasis on the immediate use case of video game assets.
10. MonaCoin – up 7.7%
The cat equivalent of Dogecoin.
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Picture: Shutterstock
Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VET, XLM, NANO, SALT, BTC
