Is Bitcoin Cash dead?? What’s next for Litecoin? Look there, a shiny breakout coin!
That’s just part of what the crowd’s been buzzing about today. Here’s the full breakdown of today’s top trending words in crypto:
(FYI, you can always check the top trending words on SANbase . For the latest, up-to-date trends, staking 1000 SANs is required)
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Bqx is the latest breakout coin of the week, leaping from $0.131 to a week-high $0.282 in about 7 hours.
Ethos, formerly Bitquence (BQX) is a U.S.-based project that is building an easy-to-use universal wallet and fiat gateway for simple trading, buying and managing of cryptoassets.
- BCH/Bitcoin Cash
Almost 18 months later, people are asking - is Bitcoin Cash a failure?
An examination of the last 500 days worth of BCH data reveals empty promises about its 8 MB block size, and even a rudimentary glance shows the Bitcoin fork remains far behind its parent chain, both in proportional and absolute terms .
LTC has gone down a peg or two on the list of top 10 crypto assets this past week, and is currently sitting at #8, right behind Tether.
Still, it wasn’t all bad news for Litecoin this week. Coingate, a prominent cryptocurrency payments platform, has now adopted the Litecoin’s Lightning Network to process cryptocurrency payments on its platform.
The first merchant to use the ‘Litening Network’ will be Surfshark, a VPN provider, tho Coingate hopes all 4,500 of their merchants will be interested in integrating Lightning to reduce friction on both sides.
A bit late to this week’s breakout party, BlockMason Credit Protocol has soared to a week-high 0.0451$ earlier today, and is currently up 30.17% for the day:
Nex is now Nash.
The Neon Exchange has decided to rebrand, following some soul searching about its vision and a legal action from a company claiming rights to the name “NEX”:
“Renaming to Nash allows us to improve the brand we’ve already established.” assures the exchange in its announcement: “our slogans and aesthetic approach will stay the same.”
The community’s reaction to the new moniker has been…divided:
This is the second appearance in a row on our list for Grin, a new privacy-oriented cryptocurrency that has lost over 95% of its initial value since launch.
The new coin isn’t even a week old, and it’s already in the center of some recent exchange controversy.
In a series of tweets, Dovey Wan, a founding partner at Primitive, says a few centralized exchanges that have started trading Grin even before the first coin was minted were quoting volumes much greater than the available supply of Grin.
“The incentive can be strong - simple print more BTCon other hand short BTC, and get the real BTC from trx fee at no cost. we need more scrutiny into the shadow banking equivalent of crypto otherwise will fail for the same old greed”
Appearing on our top 10 list for a 2nd day in a row, OAX’s latest bull run still has the crowd buzzing.
The coin hit a 1-month high of $0.201 late Friday, before taking a trip south. It has however managed to bounce back since, and is currently up 48.45% for the day.
People are still talking about the BOS mainnet, launched on Thursday this week.
The network is the newest addition to the EOSIO sidechain ecosystem, and will serve as a link to accelerate the development and evolution of IBC (Inter-Blockchain-Communication)
CloakCoin has hit a two-week high around 7:00AM yesterday, topping at $1.35.
Similar to Oax, the coin went on a 24hr downward swing before bouncing back, and is currently up 2.76% following some choppy price action.
It has been a slow and steady bull run for DOCK this week. The coin went from 0.007$ on Monday to a month-high $0.012 around 8PM yesterday. It’s been ebbing and flowing since, and is currently down 6.48% for the last 24 hours.
As always, visit SANbase to explore these and other trends in more detail!