Cryptocurrency: Top 8 coins with the largest gains 1 March 2018
There are still some cryptocurrencies gaining in an overall falling market.
After wide gains yesterday and the day before, cryptocurrency prices seem to be readjusting downwards as people cash in. But some coins have still gone up in the last 24 hours.
These are the biggest gains in the last 24 hours of the top 100 coins by market cap, according to CoinMarketCap.
1. DigixDAO - up 14.5%
This token is continuing its rise after hitting its all-time high yesterday, moving on to a new all-time high of US$590, down slightly to about $550 at the time of writing.
It's part of a paired stablecoin system, backed by gold held in a vault. Like other stablecoins, it has often seen rises when the rest of the market slumps as people move to a more securely priced cryptocurrency to avoid losing too much value in a slump.
2. GameCredits - up 12.6%
This is a blockchain cryptocurrency for use in games and for buying games. It's designed to let developers and players quickly buy and sell games and in-game items.
3. Neblio - up 12.5%
This is a cryptocurrency for business blockchain solutions and has been designed with an emphasis on easy adoption, intuitiveness and more straightforward integration with existing systems through APIs.
4. Blocknet - up 5%
This is a peer-to-peer protocol for connecting nodes on multiple blockchains. It aims to create a system that lets larger blockchains deliver their services to users on a smaller basis, overcoming scaling problems and allowing for more blockchain interoperability.
5. MaidSafeCoin - up 3.8%
This is the token of a decentralised computer network system. It's designed to let users buy and sell network services with each other to create a highly secure global computer network.
6. TRON - up 1.2%
This is a cryptocurrency that promises to help users wrest control of the Internet from advertisers and giants like Google and Facebook by giving it to TRON instead. It intends to achieve this by giving content creators a direct monetising system on the yet-to-be-created TRON media and social network.
7. BitShares - up 0.9%
BitShares tokens represent a share of the BitShares decentralised exchange system. It's designed to help bridge the gap between fiat and cryptocurrency, and to offer a range of blockchain-based banking features.
8. NEM - up 0.7%
This is a general-purpose blockchain for transfers, smart contracts and other features that one chooses to build on it. It's designed to host a range of features and to be easily integrated with existing systems.
Price-wise, it's all downhill from here, with some coins in particular seeing sizable drops of over 20% in the last 24 hours.
Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VEN, XLM, SALT, BTC and NANO.
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