Cryptocurrency: Top 10 coins with the greatest 24-hour change, 21 Feb 2018
Reddcoin, Vertcoin, Dogecoin, DigixDAO, OmiseGO, Veritaseum, bitcoin, Komodo and Tether.
The boards are mostly red at the time of writing, in another probably fairly routine readjustment after the previous day's gains.
But there are still some 24-hour gains out there. In the top 100 coins by market cap, according to CoinMarketCap, these are the greatest of them.
1. ReddCoin (RDD) – up 31.5%
This is a social coin designed for tipping, supporting online content creators and supplanting advertising. It's distinguished from the many other social coins by its relatively easy use via a Chrome extension, and its unique proof-of-velocity staking system.
2. Vertcoin (VTC) – up 9%
A digital currency, designed purely for holding and transferring monetary value. It's strongly focused on GPU mining and has deliberately gone out of its way to penalise ASIC mining.
It hit the market in 2014 with the intention of being a truly decentralised cryptocurrency with very equal wealth distribution. But like most crypto (and fiat) tokens, the vast majority of it is controlled by a tiny fraction of its users.
3. Dogecoin (DOGE) – up 6.2%
4. DigixDAO (DGD) – up 5.5%
The governance token of a gold-backed paired stablecoin system.
Like some other stablecoin systems, DigixDAO has previously tended to go up when the crypto market goes down.
5. Litecoin (LTC) – up 5.4%
6. OmiseGO (OMG) – up 4.5%
An Ethereum-based cryptocurrency, designed to act as the foundation for a global decentralised marketplace. It's designed to be currency-agnostic across all crypto and fiat currencies, and able to reach across multiple blockchain systems, externalising network protection to those other linked chains.
7. Veritaseum (VERI) – up 3.7%
An ERC20 system for building blockchain-based peer to peer capital markets as software.
It's intended to allow different parties to connect and trustlessly trade digital assets without the need for any kind of third party.
8. Bitcoin (BTC) – up 2.1%
The big BTC, up
2.1% 0.4% in the last 24 hours, or possibly down, or up even higher by the time you read this.
9. Komodo (KMD) – up 0.7%
A token to allow developers to transparently launch ICOs on a blockchain system connected to the Komodo platform.
10. Tether (USDT) – up 0.5%
This token has been wildly swinging between incredible highs of US$1.01 and devastating lows of US$0.99.
- Ethereum price breaks all time high of US$1,448
- Ethereum price: Massive slide as market faces bearish pressure
- Ethereum 2.0: Roadmap, timeline and implications
- Bitcoin falls to US$34,000 as confidence in money markets improves with the Biden inauguration
- Bitcoin price lags while regulators raise fears and banks grapple
Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VEN, XLM, NANO, SALT, BTC