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Top 10 Performing Cryptos Of The Week, 28 Feb – 7 Mar 2021

March 7, 2021
in Australian Crypto News
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The week was pretty good for the crypto market with Bitcoin (BTC) going up around 5% and altcoins AUDIO, CHZ, DEXE, ENJ, PPT, BNT, OGN, PERL, AXS, TFUEL also in the green.

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

Audius is a decentralized music-sharing and streaming protocol that facilitates direct transactions between listeners and creators, giving everyone the freedom to distribute, monetize, and stream any audio content.

Chiliz is a fintech platform for the sports industry to allow global fans to get closer to their favorite sports teams and clubs.

The DeXe token (DEXE) is a DeFi Social Trading project, which enables the open and permissionless system. Following protocol rules and contributing resources facilitates consensus between participants.

Enjin Coin is a cryptocurrency for virtual goods created by Enjin. Enjin is the “largest gaming community platform online” with over 250,000 gaming communities and 18.7 million registered gamers. The Enjin team is designing the coin completely around gaming with the goal of it being the most usable cryptocurrency for the industry. The project includes the Enjin Coin as well as a suite of software development kits (SDKs) that developers can integrate into their games and communities. Read more

Populous is a peer-to-peer invoice platform founded in 2017 at a high point in the blockchain and cryptocurrency craze. It makes use of blockchain’s distributed ledger technology to provide a global trading platform for invoice financing. According to the Populous website, “invoice finance is a form of funding that instantly unlocks the cash tied up in outstanding sales invoices. Read more

Bancor is a blockchain protocol that allows users to convert between different tokens directly as opposed to exchanging them on cryptocurrency markets. The project offers a network, which we’ll discuss soon, that works to bring liquidity to the majority of tokens that lack a consistent supply/demand in exchanges. That network is built on smart contracts and a new class of cryptocurrencies that the team calls “Smart Tokens. Read more

Origin Protocol provides a platform for building peer-to-peer marketplaces and e-commerce applications. Users can buy or sell goods and services on these marketplaces, and developers can create their own applications powered by the Origin blockchain. The Origin token (“OGN”) is used as an incentive, payment, and governance token in the Origin ecosystem. Read more

A high-throughput, DAG-based protocol capable of powering any application.
Wavelet | Wasm smart contracts powered by a high-speed ledger. We utilise our unique Wavelet probabilistic DAG-protocol mechanism to facilitate over 31k+ transactions per second and 0-4 second time to finality.
What is Wavelet?
Wavelet is Perlin’s directed acyclic graph (DAG) based protocol. Read more

Axie Infinity is a digital pet community centered around collecting, training, raising, and battling fantasy creatures called Axie. Each Axie has unique genetic data stored on the Ethereum blockchain. Each Axie can possess 6 out of hundreds of possible body parts. Each body part has their own battle move so the combinations for creating unique little battlers are infinite. Read more

The operational token of the Theta protocol. TFUEL powers on-chain operations like payments to relayers for sharing a video stream, or for deploying or interacting with smart contracts. Relayers earn TFUEL for every video stream they relay to other users on the network. You can think of Theta Fuel as the “gas” of the protocol. At Mainnet launch on March 15th, TFUEL will be created as a native token on the Theta blockchain.

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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