- The digital asset market is now back on its track once again.
- The top 3 spotlight cryptocurrencies include ADA, 1INCH, and CHZ.
The digital asset market is now back on track once again. However, this time the altcoins take the center stage. Notably, these top spotlight cryptocurrencies were able to record a huge growth rate in the last 7 days. In detail, it is noted that the crypto world indicates no signs of slowing in spite of the challenges it faces all day.
Let us take a look at these top 3 spotlight cryptocurrencies that hit the crypto market trending based on CoinmarketCap.
1. Cardano (ADA)
Cardano is a proof-of-stake blockchain platform whose main goal is to allow changemakers, innovators, and visionaries to enable positive global change. ADA is also showing some impressive bullish signs. Notably, the crypto is up by 50% over the last week and is trading at $2.04, according to CoinGecko. Crypto users can expect another bull run as the announcement on the Alonzo mainnet release stays just around the corner.
Specifically, Cardano has just successfully completed Alonzo testnet’s phases Blue, White, and Purple. More so, the remaining two are Alonzo phases Black and Red. Once all the phases end, the Alonzo mainnet is ready to launch. Charles Hoskinson will release the final date soon.
According to CoinMarketCap, the ADA price is trading at $2.04, with a 24-hour trading volume of $6,414,320,273, at the time of writing.
2. 1Inch (1INCH)
The 1inch token (1INCH) is a digital asset that runs under the Ethereum blockchain. The 1inch Foundation has launched the 1inch Network Governance as part of its governance upgrade. Moreover, the upgrade enhances active community participation mainly regarding decision-making for the protocol. As a result, 1inch protocols will be more transparent and efficient when considering and adopting proposals.
According to CoinMarketCap, the 1INCH price is trading at $3, with a 24-hour trading volume of $381,835,758, at the time of writing.
3. Chiliz (CHZ)
Chiliz (CHZ) is considered one of the leading crypto assets for sports and entertainment. Moreover, this token is considered the world’s first blockchain-related fan engagement and reward platform Socios.com. More so, Messi’s new club has taken a creative approach to pay its new star’s salary.
In detail, as a part of Messi’s sign-on bonus, the forward receives a wealth of Chiliz based fan tokens, as per the team. The exact number of received tokens is unknown, the club explains that he gets a large number of crypto tokens. Even more, this is mainly because of Paris Saint-Germain’s status as a marketing partner with Socios.com.
According to CoinMarketCap, the CHZ price is trading at $0.37, with a 24-hour trading volume of $887,469,578, at the time of writing.
Disclaimer: The opinion expressed in this article solely author’s. It is not interpreted as investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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