Thu, April 25

Top 3 Altcoins Bound to Explode: FTM, SAND and NEAR

Altcoin News
  • Users may simultaneously be producers and gamers via The Sandbox.
  • NEAR Protocol has been down 9.52% in the last 24 hours.

Let us look at the top 3 altcoins bound to explode.

Fantom (FTM)

Directed acyclic graph (DAG) Smart contract platform Fantom provides DeFi services to developers using a proprietary consensus algorithm. Fantom attempts to overcome the issues associated with smart contract platforms, such as transaction speed, which developers claim they have lowered to less than two seconds using their in-house token FTM. While past blockchains have been limited by their capacity, security and decentralization, Fantom is designed to overcome these restrictions.

According to CMC, the Fantom price today is $0.367333 USD with a 24-hour trading volume of $360,432,136 USD. Fantom is down 11.16% in the last 24 hours.

The Sandbox (SAND)

The primary goal of the Sandbox platform is to incorporate blockchain technology into popular gaming effectively. Users may simultaneously be producers and gamers via a “play-to-earn” approach with the platform. The SAND utility token, introduced by The Sandbox, uses blockchain technology to simplify transactions on the network.

According to CMC, The Sandbox price today is $1.34 USD with a 24-hour trading volume of $1,038,823,091 USD. The Sandbox is up 4.70% in the last 24 hours. 

NEAR Protocol (NEAR)

As a community-run cloud computing platform, NEAR Protocol addresses some of the restrictions that have hampered rival blockchains, such as low transaction speeds, low throughput and poor interoperability. NEAR Protocol is a layer-one blockchain that establishes a developer- and user-friendly platform for Dapps.

According to CMC, the NEAR Protocol price today is $5.31 USD with a 24-hour trading volume of $425,560,251 USD. NEAR Protocol is down 9.52% in the last 24 hours.

Content writer by profession. A crypto lover and has passion for writing. Follows the developments of digital currency right from its launch, years ago.