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The Somewhat Daily: ONE, HOT, ENJ, HBAR, ALGO

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Avatar for drubid
Written by   40
1 year ago

March 15, 2021 - Welcome to the Somewhat Daily, an almost-daily look at the last 24-hours' biggest gainers of cryptocurrency's top 100 by market cap. This is the place to learn about projects that are moving the most with quick overviews and brief analysis. Ready to get into it? Let's go!

Oh, what a weekend it's been. Bitcoin hit an all-time high on Saturday, and coins across the board were flying high. Then on Sunday and into today, we've seen things come back down.

Harmony (ONE) is really pumping right now, up 66% in the past 24 hours and 160% in the past 7 days. I've been really big on Harmony ever since I first transferred coins on the network--it's speedy and cheap. Unrelated to the gains, I also experimented with Viperswap over the weekend and was thrilled with the experience. I can't find a specific catalyst for the increase in the past few days, but I'm very excited about the project from my own personal experience.

It would seem that Holochain's growth is being fueled by the launch of an app called Elemental Chat. HOT has been steadily gaining since the beginning of the year, and its momentum is continuing today.

Third, we have Enjin Coin (ENJ). ENJ began its run a few weeks back when it announced it would be releasing technology that would revolutionize NFTs. Last week was mediocre compared to other NFT darlings like Chiliz (CHZ) and Decentraland (MANA), but ENJ still picked up steady gains.

Hedera Hashgraph (HBAR) also continued its very steady climb. Few projects have had such consistent growth as Hedera. They've announced new partnerships with large companies in Australia, Africa, and France, to which recent gains can likely be attributed.

Rounding out the top 5 is Algorand (ALGO). Bulls on TradingView have been predicting $1.50 to $2.00 for several weeks, and it looks like the uptrend may have started after moving mostly horizontally for a stretch.

Top 5 gainers (24h)

  1. Harmony (ONE) +66.30%

  2. Holo (HOT) +42.97%

  3. Enjin Coin (ENJ) +27.93%

  4. Hedera Hashgraph (HBAR) +20.22%

  5. Algorand (ALGO) +16.74%

Top 5 losers (24h)

  1. Pundi X (NPXS) -10.47%

  2. NEAR Protocol (NEAR) -9.65%

  3. Crypto.com Coin (CRO) -9.29%

  4. Avalanche (AVAX) -9.15%

  5. Ethereum Classic (ETC) -8.32%


Thanks for reading! I try to provide quick, easy-to-read updates like this each morning. Be sure to subscribe so you don't miss a chance to learn about crypto's latest & greatest projects! I also love feedback. Did I miss the mark or make a mistake, or would different details make this more useful? Let me know by leaving a comment! Thanks again--I'll see you in a day or two or three!

Lead image by David East on Unsplash

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Avatar for drubid
Written by   40
1 year ago
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Comments

Interesting. Love analytics - but you know that anyway :D

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User's avatar rah
1 year ago