In spite of recent fallbacks and innate risks, cryptocurrencies and the overall blockchain market have proven to get stronger with each passing month.
New cryptocurrencies are emerging regularly and are quick to meet up with one or more needs of users and bulls. This has been attracting new investors, as well as keep existing ones in the bullish market. Let’s take a look at the best performing altcoins at the moment:
- ARWEAVE (AR, 450%)
Arweave, initially announced as Archain in August 2017, was rebranded to Arweave in 2018. It is a decentralized storage network that offers a platform for the indefinite storage of data. Arweave’s market cap is a little over $1,999 million. Presently, its trading at over $59. It has gained more than 2,100% year-to-date. Right now, Arweave has an all-time high of $70.04 and an all-time low of $0.4854.
- Revain (REV, 278%)
Revain was created in 2018. It is an online exchange platform for Ethereum blockchain-based tokens reviews. Basically, it allows developers to get feedback about their projects. Companies that have registered on the platform can use the REV token to encourage users into giving their feedback. Revain has a market cap of over $2,050 million, and is trading right now at more than $0.024. It has also gained more than 100% year-to-date.
- Solana (SOL, 243%)
Solana was established last year March. It is an open-source project that uses blockchain technology’s permission-less nature to provide DeFi solutions. The altcoin has a market cap of over $33,902 million, and is presently trading over $114. It has gained more than 6,200% year-to-date. Solana has an all-time high of $130.01 and an all-time low of $0.5052.
- Avalanche (AVAX, 241%)
This altcoin was created in September 2020. The platform enables the launch of DeFi applications, trading and other services, as well as financial assets. Avalanche has a market cap of over $7,639 million. It’s currently trading at over $43 and has gained more than 1,088% year-to-date. Avalanche has an all-time high of $59.94 and an all-time low of $2.79.
- Fantom (FTM, 239%)
Fantom was initially launched in 2018 as a DAG (directed acyclic graph) smart contract platform that offers DeFi services to developers. Fantom has a market cap of over $2,119 million, and is currently trading at over $0.826. It has also gained more than 4,700% year-to-date. Fantom has an all-time high of $0.9632 and an all-time low of $0.001935.