In the past 30 days, some of the most famous cryptocurrencies have seen drastic price increases. But some lesser-known altcoins with still undreamt-of potential also shot up.
In today’s Listicle, we take a close look at the top five performers who even dwarfed Bitcoin.
For this purpose, we consider cryptocurrencies below that have a market capitalization between 100 million and 1 billion US dollars.
RUNE is a fairly unknown cryptocurrency with a market capitalization of $ 211 million. Still, the native token RUNE has blown the imagination of some crypto traders in recent weeks. The price rose 107.2 percent in the last 30 days alone.
The project is a digital network that enables the exchange of selected crypto currencies without having to be carried out in the blockchain. As a result, Thorchain increases the speed of transactions and greatly reduces the cost of currency exchange. Thus, for example, cryptocurrencies such as Bitcoin can be transferred more cheaply.
In addition, the platform offers lending options, through which users can lend their digital assets to others. In return, they receive a return, similar to liquidity providers with other decentralized exchanges (DEX).
Sushiwap is a decentralized exchange based on Ethereum. The goal of Sushiswap is to make an evolution of Uniswap, the most successful DEX in the world. In terms of its functionality and appearance, Sushiswap is almost identical to Uniswap.
Still, there are a few significant differences. DEX rewards those who provide liquidity on SUSHI with SUSHI tokens. Compared to Uniswap, liquidity mining on Sushiswap is expected to continue until 2023. For this reason, Sushiswap has been able to gain quite a bit of liquidity from Uniswap in the last few weeks.
The sushi token fulfills three simple tasks:
- Governance token for sushi swap
- Participation in sushi swap profits through staking
- Liquidity provider reward
Although Sushiswap can look back on a controversial history, the project was and is strongly controlled by the community. In the last few weeks, the SUSHI token has seen a price increase of more than 133 percent, leaving Bitcoin and other cryptocurrencies behind. SUSHI’s market capitalization is $ 171 million.
Wave is a decentralized open source network that offers Web3 applications and customized decentralized solutions with a wide range of specially developed tools. Similar to Ethereum, Wave enables programming of dApps. Compared to its big brother, Waves wants to be more user-friendly and more effective.
The WAVES token also serves as fuel for the Waves network. The smart contract platform was founded in 2016 and has been present in the crypto space ever since. In November alone, the Waves token had gained 91.9 percent by the time we went to press. This means that the Wave token’s growth in November far surpassed Bitcoin.
In the future, Waves wants to introduce a universal programming language with a project called RIDE, which started in 2019. This should make it easier for developers worldwide to develop on Wave dApps.
life is a social media platform that shares most of its profit with its users. By rewarding users for interacting on the social media page, Vitae wants to actively encourage users to join Vitae. The goal is to increase global prosperity — users should finally be the owners of their data and receive returns for it.
In addition, there is a public limited company behind Vitae, which, according to the website, has its headquarters in Switzerland. This enables the team to develop in a legally secure and regulated environment.
Horizen is a privacy focused blockchain. The project uses ZKash’s ZK snark technology. The so-called ZK-Snark technology encrypts transactions and is intended to grant users complete anonymity.
In addition, Horizen is a network that includes a variety of projects, all of which focus on privacy protection:
- A private messaging app (ZenChat)
- Anonymous platform for posting contributions (ZenPub)
- A TOR-like domain (ZenHide)
- Decentralized Organization (ZenDAO)
The blockchain platform aims to become a universal platform that focuses entirely on privacy. The ZEN token should be the focus. Horizen is also one of the coins that Bitcoin has left behind in the past few weeks. In the past 30 days, the price of ZEN rose 130.7 percent, making the cryptocurrency the top performer in November.
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