Jakarta, Pintu News – Cryptocurrency prices have experienced huge fluctuations so far this year. Some investors have enjoyed significant gains, while others have suffered losses.
However, investing in crypto assets is known to be extremely risky – their prices can soar or plummet in a matter of days, even minutes. Monitoring the best-performing crypto assets over time can provide an important snapshot of overall market conditions.
Here are the eight best-performing cryptocurrencies so far this year.
Hyperliquid (HYPE) is a layer-1 blockchain known for its advanced transaction processing capabilities. The native coin of the platform is HYPE, with a total supply limited to 1 billion coins.
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Monero (XMR) is a cryptocurrency specifically designed to maintain the anonymity of its users. Unlike other tokens, Monero uses cryptographic technology to hide transaction details on its network. The coin was launched in 2014.
XRP (XRP) was created to speed up the process of financial transactions. Its primary use is as fuel for Ripplenet – a system that enables fast and efficient international remittances. In some cases, Ripplenet is even superior to platforms like SWIFT. While XRP is open source, the underlying technology is not directly on the blockchain, so its status as a cryptocurrency is often debated.
TRON (XRP) was launched in 2017 as a decentralized blockchain. The Tron network supports the use of smart contracts and the development of decentralized applications (dApps). The TRX token is the native coin of this ecosystem.
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Bitcoin Cash (BCH) is a fork of Bitcoin that was introduced in 2017. The developers felt that some aspects of the Bitcoin network were inefficient, so they created a new version that allows for faster transaction times and lower fees.
As the pioneer of the entire cryptocurrency world, Bitcoin (BTC) is often referenced when people talk about crypto. This digital currency was introduced in 2009 by a mysterious figure known by the pseudonym Satoshi Nakamoto.
BNB (BNB) is a primary coin issued by Binance, one of the largest crypto exchange platforms in the world. BNB was originally created to support various applications in Binance’s proprietary blockchain ecosystem and is used to pay transaction fees.
As the second largest cryptocurrency by market capitalization, Ethereum (ETH) was launched in 2015. Besides serving as a digital currency, Ethereum is also the foundation for the development of decentralized applications (dApps), smart contracts, and non-fungible tokens (NFTs).
Along with Bitcoin, Ethereum is the only cryptocurrency to have an official spot ETF (exchange-traded fund) in the United States – allowing investors to hold crypto assets through a brokerage account.
That’s the latest information about crypto. Follow us on Google News to get the latest information about the world of crypto and blockchain technology. Check today‘ s bitcoin price, today’s solana price, pepe coin and other crypto asset prices through Pintu Market.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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