The Somewhat Daily Crypto Report: NFTs Resume Bull Run

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3 years ago

March 8, 2021 - Let's look at cryptocurrencies moving in the past 24 hours!

Enjin Coin (ENJ) picked up right where it left off last week. It's rocketed 37% in the past 24 hours, bringing its 7-day gains to 183%! Right behind it are Decentraland (MANA) and Chiliz (CHZ), continuing their runs from last week, too. They're up 83% and 195%, respectively, over the past week.

Hedera Hashgraph (HBAR) has been a steady gainer since the beginning of January, and the big gains recently are putting it back on track after dips at the end of February. Hedera is upgrading their Mainnet to v0.12 this week, though. Folks love upgrades, so I wouldn't be surprised to see this fuel further growth throughout the week.

Source: HBAR on CoinMarketCap

Rounding out the top 5 today is yearn.finance (YFI). I'm not sure if their gains are related, but Yearn Finance announced that it was ending its merger with Cover Protocol on Friday via Twitter. Read more about the break-up at Coindesk.

Top 5 Gainers (24h)

  • Enjin Coin +37.51%

  • Decentraland +21.49%

  • Chiliz +19%

  • Hedera Hashgraph +17.12%

  • yearn.finance +13.54%

Top 5 Losers (24h)

  • Ocean Protocol -24.46%

  • ZKSwap -11.70%

  • Voyager Token -8.69%

  • Fantom -6.65%

  • NEM -6.42%

What will the week ahead hold for us? Will NFTs continue to dominate the scene, or will new contenders rise? Find out next time... same $BAT time, same $BAT place.


I'm looking for feedback! What do you think of our gainers & losers coming out of the weekend? Will we be talking about NFTs for the rest of 2021? What would you like to see more or less of here? Let me know by leaving a comment below!

Lead image by the blowup on Unsplash

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