Which Crypto Coins Are Up Today?
Among the most popular coins on the market, the Ethereum cryptocurrency is gaining popularity. The second largest cryptocurrency by market cap, Ethereum has been around for years and has a wide following of crypto investors. But Ethereum still has room for growth. Ethereum is a decentralized blockchain that offers smart contracts. These contracts are useful in developing decentralized applications.
XRP
After the SEC pulled Ripple from a number of currency exchanges last year, investors are once again hopeful that it will return. A recent statement from Ripple Labs’ attorney Jeremy Hogan has reignited the hope that the currency will return to exchanges. In the statement, Hogan said the SEC’s decision in the case did not prove that XRP is a security.
After a dip last week, the XRP price has recovered and is currently trading at $0.84397. This is up nearly five percent against the US dollar. This is good news for holders who are hoping to see XRP hit the $1 mark soon.
Binance USD
Binance USD is up today, and the reason might be as simple as an aggressive marketing campaign. Founded by Changpeng Zhao and Roger Wang, the Binance USD platform was launched on September 5th. Its mission is to enable people around the world to exchange currencies quickly, easily, and cheaply. As a result, it has quickly gained popularity and has been listed on several popularcurrency exchanges.
The Binance USD has become a staple of the currency world. With the support of millions of people, the Binance USD is a popular currency. The company is still a dominant force, and more people are getting involved in the currency industry.
Cardano
The Cardano crypto coin has recently gone up, thanks to an upgrade that brings smart contracts to the Cardano network. This upgrade, named after computer science pioneer Alonzo Church, puts Cardano in the same league as Ethereum, which also supports smart contracts. With the help of smart contracts, users can make transactions in the Cardano network, and the system can evolve quickly when necessary.
The Cardano project was founded by Charles Hoskinson, a technology entrepreneur and mathematician. He previously co-founded anothercurrency start-up, the Ethereum blockchain. Another co-founder, Jeremy Wood, was the Manager of Operations at Ethereum. He left the company to consult with companies on currencies. Charles Hoskinson is an accomplished technology entrepreneur and mathematician.
Solana
Cryptocurrency investors should pay attention to the performance of Solana coin. Earlier this week, the price of SOL hit a new low of $12, and then soared 26% to a high of $19 on Thursday. However, the news of FTX’s bankruptcy shook the market and SOL dropped to $16 on Friday. Today, the price is down 6.4%, and the crypto coin has lost more than 50% of its value in the last week. Whether the coin will rebound or lose value depends on the current sentiment of the market and the future predictions.
Solana uses proof-of-history technology to verify transactions on its blockchain. This means that computers around the world can agree on the time and order in which a transaction happened. This makes transactions faster and safer.
Dogecoin
While the cryptocurrency Dogecoin is up today, there are some things you should keep in mind. For one thing, Dogecoin is extremely volatile, which means the price can move quickly. Secondly, there are a lot of tokens in circulation, so the upside is somewhat limited. You should also remember that investing in metals can be risky and you could lose all your money.
A large portion of Dogecoin’s recent price rise has been due to high-profile names supporting the currency. This includes Elon Musk, Mark Cuban, Gene Simmons, Jake Paul, and Snoop Dogg. This publicity helped propel the price of the cryptocurrency to an all-time high of $0.7376 on May 8, 2021, bringing its market cap to over $70 billion.
