- Top-performing coins of the week QNT, FTM, IOTA.
- QNT, used to provide digital access to a particular service.
- Fantom attempts to use a new scratch-built consensus mechanism.
As a known fact crypto market is displaying a bullish trend over the past few months. The digital asset market is now back in trend. Moreover, this time altcoins performing high in the crypto market. Quant (QNT), Fantom (FTM), and IOTA (MIOTA) are the top performing coins for the week.
Quant (QNT), an Ethereum token that is used to power Quant Network’s Overledger brand of enterprise software solutions. The Quant aims to connect public blockchains and private networks. It used to pay for Quant’s services, pay transaction fees, and secure the Overledger Network. Furthermore, QNT is used to provide digital access to a particular service or an application (Mapp) which is made part of the Quant platform.
According to CoinMarketCap, the QNT price is trading at $323.19 with a 24-hour trading volume of $632,063,129 at the time of writing. Moreover, QNT has increased by 14.33% in the last 24 hours also surged 71.54% in the last 7 days.
Fantom network is a smart-contract platform that enables developers to write, compile, and deploy smart contracts the same way they can on Ethereum. Fantom attempts to use a new scratch-built consensus mechanism to offer DeFi and related services based on smart contracts. More so, FTM forms the backbone of transactions and allows fee collection and staking activities, along with the user rewards the latter represents.
Accordingly, as per CoinMarketCap, the FTM price is trading at $1.36 with a 24-hour trading volume of $983,311,406 at the time of writing. Moreover, FTM has increased by 12.91% in the last 24 hours also spiked 63.56% in the last 7 days.
IOTA (MIOTA), a distributed ledger designed to record and execute transactions between machines and devices in the Internet of Things (IoT) ecosystem. The cryptocurrency of IOTA is MIOTA. Even more, IOTA has its own set of scaling problems, and some aspects of this cryptocurrency were vulnerable to hacks. IOTA’s developers are supposed to have rolled their crypto.
According to CoinMarketCap, the MIOTA price is trading at $1.88 with a 24-hour trading volume of $350,891,294 at the time of writing. Moreover, MIOTA has increased by 6.82% in the last 24 hours also gained 89.35% in a week.