Despite the fact that major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) was in the red at the time of publication, and there are some coins that have countered the trend. It’s time to buy Enjin Coin (ENJ), WazirX (WRX), Celsius (CEL), Ethereum Classic (ETC) or Solana (SOL)?
ENJ: The coin of the company, which provides blockchain-based gaming products and a gaming social platform, has grown nearly 1960% since the beginning of the year. ENJ is trading up 16.5% in 24 hours to $ 2.69 at time of publication and up 5.72% on a seven-day trailing basis. Enjin raised $ 18.9 million in late March for construction Dotted A blockchain-based network (DOT) focused on non-fungible tokens, reports The Block. The DOT was down 5.44% to hit $ 40.02 at press time. Coinbase said Wednesday it will launch ENJ on its platform and trading will begin on April 9 if liquidity conditions are met.
WRX: The useful token of the Indian cryptocurrency exchange WazirX has grown to 6349% since the beginning of the year. The coin is trading up 30.49% to $ 4.21 at press time and is up 446.72% over the week. WazirX launched the NFT marketplace in India on Monday.
Launch of the decentralized NFT marketplace
Buy, sell and trade digital assets and intellectual property, including artwork, audio files, videos, programs, and even tweets.
Register and join our Telegram channel to stay updated https://t.co/dWhZzpeise
– WazirX: Bitcoin and Cryptocurrency Exchange in India (@WazirXIndia) April 5, 2021
The delay in introducing a bill banning cryptocurrencies in India has boosted investor sentiment in the country.
CEL: The cryptocurrency lending platform token has grown by 36.81% since the beginning of the year. The CEL was up 10.19% to hit $ 7.47 at press time and 54.14% higher in the seven-day trailing. Celsius CEO Alex Mashinsky shared his views on Dogecoin (DOGE) and the definition of value and the right choice for achieving financial freedom in Benzinga’s piece on Tuesday. DOGE was down 6.7% to $ 0.60 at press time. At the end of March, Celsius announced that its customers can buy cryptocurrencies like BTC and ETH using Apple Pay. Apple Inc. (NASDAQ: AAPL) mobile payments and digital wallet service. BTC and ETH fell 2.01% and 5.04% to $ 56,601.94 and $ 1998.62, respectively.
ETC: This offshoot of Ethereum has grown 230.35% since the beginning of the year. At press time, ETC was trading 3.86% higher to hit $ 18.63. In seven days, the coin has risen in price by 30.84%. ETC said Wednesday that its hash rate is approaching a six-month high. Hashrate refers to the total combined computing power used to mine and process transactions on a blockchain that uses a Proof-of-Work model.
ETC hashrate approaching 6-month high pic.twitter.com/Iqu7G1gvE0
– Ethereum Classic (@eth_classic) April 7, 2021
Grayscale Investments reportedly increased its coin holdings by almost 161,612 ETC at the end of last month.
SOL: The blockchain network coin with a focus on decentralization and smart contracts has grown by 1640% since the beginning of 2021. SOL is trading up 7.74% to hit $ 26.27 at press time. The cryptocurrency is up 36.67% in the past seven days. Solana tweeted this week that Stablecoin usage on Solana is “on the rise.” Current circulation US dollar coin (USDC) and Leash (USDT) on Solana is over $ 320 million and $ 190 million, respectively.
The use of stablecoins on Solana is growing rapidly. There are currently over US $ 320 million in circulation in USDC-SPL and US $ 190 million in USDT-SPL.
USDC own dollarhttps: //t.co/kQxNf7chKU
Own US dollar
– Solana (@solana) April 2, 2021
Solana recently took advantage of the trend in favor of the so-called Ethereum killers, which also supported Cardano (ADA). The ADA was down 5.16% to hit $ 1.18 at press time.
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