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Top 10 Performing Cryptos Of The Week, 09 16 May 2021

May 17, 2021
in Australian Crypto News
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The week was really bad for the crypto market with Bitcoin (BTC) going down over -20.30%, but some coins MATIC, RLC, ACM, PHA, ADA, KSM, YFI, ONE, PERP, JUV were in the green which was good.

Let’s take a closer look at this weeks top crypto performers.

Matic Network provides scalable, secure and instant Ethereum transactions. It is built on an implementation of the PLASMA framework and functions as an off chain scaling solution. Matic Network offers scalability solutions along with other tools to the developer ecosystem, which enable Matic to seamlessly integrate with dApps while helping developers create an enhanced user experience. Read more

iExec is an open-source, decentralized cloud computing platform, running on Ethereum blockchain. iExec allows decentralized applications (dApps) an on-demand access to computing resources and technologies on iExec cloud. iExec has built a blockchain network where dApps can take advantage of cost effective and high-performance resources such as servers, databases, SaaS applications, web hosting and computer farms. Read more

The AC Milan Fan Token (ACM) is a utility token that gives AC Milan fans a tokenized share of influence on club decisions using the Socios application and services. The token serves as a membership key that allows users to compete for exclusive rewards, club recognition, and more. Read more

Phala Network is a privacy-preserving cloud computing service, which offers computing power comparable to existing cloud services and protects the privacy of managed programs. Based on TEE-Blockchain Hybrid Architecture, developers can deploy confidential smart contracts running inside the TEE Enclaves in the CPU. Read more

Cardano is a decentralised platform that will allow complex programmable transfers of value in a secure and scalable fashion. It is one of the first blockchains to be built in the highly secure Haskell programming language. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. Read more

Kusama is meant to be Polkadot’s canary network which is an early, unaudited and unrefined release of Polkadot. Kusama will serve as a proving ground, allowing teams and developers to build and deploy a parachain or try out Polkadot’s governance, staking, nomination and validation functionality in a real environment. Kusama is an early, highly experimental version of Polkadot presenting real economic conditions. Read more

Yearn.finance is an aggregator service for decentralized finance (DeFi) investors, using automation to allow them to maximize profits from yield farming. Read more

Harmony’s open, decentralized network is enabled through the use of the native protocol token – Harmony ONE. The token incentivizes and rewards a variety of participants including developers, validators/stakers, investors, and community members who develop, secure and govern the network. In order to use the network, users pay a small transaction fee denominated in the native Harmony token. Read more

Perpetual Protocol was launched in late 2019, originally under the name of Strike Protocol. Perpetual Protocol builds on an Uniswap-inspired automated market maker (AMM) design (constant product curve). Perpetual Protocol’s liquidity pool (k) is virtualized and determined algorithmically. Read more

The Juventus (JUV) is a utility token that gives Juventus fans a tokenized share of influence on club decisions using the Socios application and services. The token serves as a membership key that allows users to compete for exclusive rewards, club recognition, and more. Read more

Disclaimer:
The content and views expressed in the articles are those of the original authors own and are not necessarily the views of Crypto News. We do actively check all our content for accuracy to help protect our readers. This article content and links to external third-parties is included for information and entertainment purposes. It is not financial advice. Please do your own research before participating.

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