The crypto markets are a bit in the Red this fine Monday morning. But this is not new. Bitcoin (BTC) has retreated by 1.89% to be trading at $9,246; Ethereum (ETH) is experiencing some sideways movement at $678; Ripple (XRP) has undergone a 4.26% decline and is trading at $0.84; Bitcoin Cash (BCH) and EOS are holding strong at $1,389 and $18.34 respectively, with the latter having declined by 15.74% in 24 hours.
But all is not lost for the crypto markets. Scrolling down the list on coinmarketcap.com, one can notice 4 cryptocurrencies doing double digit gains. These coins are not in the top 20 list, but are worth mentioning.
Bitshares (BSC): This coin is currently ranked #35 on coinmarketcap.com. BSC is currently doing 13.26% in 24 hour gains and is currently trading at $0.332 at the moment of writing this.
Bitshares prides itself as a platform where users share in a decentralized exchange. The developers also formed Cryptonomex that facilitates software development services to meet the growing demand for custom, high-performance, blockchains and related technology. With their proprietary Graphene based systems, Bitshares provides a toolkit for real-time blockchains. The project has been around since 2014 but seems to be gathering momentum this year.
Aelf (ELF): This token has been doing wonders in the markets since it appeared late last year. It is currently trading at $1.86 and up 11.81% in 24 hours. It is ranked number 55 on coinmarketcap.com.
The core principle of aelf is to deliver high performance decentralized cloud computing on the blockchain. The full nodes of the network run on cloud servers. Each smart contract on aelf runs on its own blockchain. Also, token holders are in control by providing governance for the platform.
Cortex (CTXC): This another relatively new token that was introduced into the markets this month and ranked 66th. It is currently valued at $2.15 and doing 15.93% in 24 hour gains.
Cortex’s main mission is to provide the state-of-the-art machines machine-learning models on the blockchain in which users can infer using smart contracts on the cortex blockchain. Cortex also envisions to implement Artificial Intelligence Decentralized Apps on its platform.
Qash (QASH) appeared into the trading scene in November last year and has since climbed to the current value of $0.899 at the moment of writing this. This is an 11% gain in 24 hours. It is ranked 68th on coinmarketcap.com.
Qash is a token that is used as fuel for the services provided by the Quoine Liquid Platform. This platform is a single globally sourced trading platform with an associated suite of services that allow individuals to access the opportunities and wealth the new Crypto economy offers.
In conclusion, today’s double digit gainers have allowed us to learn more about other projects that are not in the top 20 coins and tokens. This can further be theorized that there are more gems in the form of coins and tokens, other than the famous ones we read and hear about on a daily basis.