- Ethereum is up 5.88% in the last 24 hours.
- LFG revealed that it intends to purchase $100 million worth of AVAX.
Let us look at the top 3 coins worth considering in April 2022
Ethereum (ETH)
Ethereum’s price continued to fall under the $2,850 support level and rebounded recently to the $3K mark. Ethereum’s “merge,” a significant update to its blockchain in June, was meant to be only a matter of weeks away, paving the way for a more efficient and environmentally friendly crypto future. While bitcoin was held back by inflation and monetary tightening this year, ether’s popularity grew because of the expectation. In contrast, the proposed merging would see ether mining switch from the energy-demanding proof of work to proof of stake.
According to CMC, the Ethereum price today is $2,995.58 USD, with a 24-hour trading volume of $19,331,990,824 USD. Ethereum is up 5.88% in the last 24 hours.
Polygon (MATIC)
According to Polygon ecosystem updates since the January introduction of the EIP-1559 upgrade on the Polygon mainnet, more than 650,000 MATIC have been burnt. Total MATIC burned: 658,345.05 according to the Polygon burn webpage. MATIC may now be burnt in a three-step process that begins on Polygon and ends on Ethereum, thanks to the much-anticipated EIP-1559 patch issued in January.
According to CMC, the Polygon price today is $1.33 USD with a 24-hour trading volume of $571,987,860 USD. Polygon has been up 2.68% in the last 24 hours.
Avalanche (AVAX)
On April 7, the Luna Foundation Guard (LFG) revealed that it intends to purchase $100 million worth of AVAX tokens from the Avalanche foundation. Avalanche’s primary developer also claimed on April 14 that they had raised a total of $350 million in additional investment at a $25 billion value. An investment in Yeti Financing, the Avalanche foundation’s native decentralized borrowing system, was also disclosed on April 23.
According to CMC, the Avalanche price today is $71.50 USD with a 24-hour trading volume of $524,099,303 USD. Avalanche has been up 4.72% in the last 24 hours.
