'Their name is legion' — this famous Walter Scott's line perfectly characterizes the crypto market that is literary packed with numerous altcoins, so how is it possible to pick the most perspective ones? It's rather simple, read our monthly digest to have a better understanding of what is happening on the market and what altcoins are worth watching.
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Market Cap: $10,869,484,316
Yuga Labs company that launched an NFT project, Bored Ape Yacht Club (BAYC), and a native APE token. They are also creating a game within the Metaverse—the project involved Animoca Brands, a founder of The Sandbox. Yuga Labs has bought rights for the CryptoPunks NFT collection to integrate CryptoPunks into the Metaverse.
Market Cap: $43,261,145,646
An American crypto exchange Coinbase has announced the staking of ADA tokens, which is a simple and secure way to get an income of about 3,75% a year. Now it’s much easier for a trader who has difficulties with using crypto investment tools and schemes.
Market Cap: $30,188,315,770
Web3 platform Coinbase Cloud added a set of tools for developments within the Avalanche blockchain. It could simplify a listing of new projects in the Avalanche network within the Coinbase exchange. Avalanche started working towards the Bitcoin platform support through the use of Avalanche Bridge. It would allow using of BTC in the Avalance DeFi.
Market Cap: $19,795,308,236
It's a DeFi oriented network Acala and 30+ funds launch a USD Ecosystem Fund for supporting DeFi start-ups and increasing cross-chain activities within the Polkadot platform.
5. Cronos (CRO)
Market Cap: $12,692,974,224
It is Crypto.com’s native token. The Crypto market became an official sponsor of the 2022 Fifa World Cup. The market is actively moving forward in the sports sphere — Staples Center in LA, UFC, and Formula-1. Things are going great, so we can expect even more impressive achievements in the near future.
Find these altcoins within your SimpleHold wallet and enjoy the secureness and simplicity of the wallet!
Market caps and pricing are current as of April 11, 2022.
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