Decred (DCR) Surges 50%, Outperforming DeFi Coins and 2017-Era Alts
Decred (DCR) has surged seriously higher over the past day. According to Coin Gecko, a top data source in crypto, the price of the coin is up 50% in the past 24 hours. The coin is currently trading at its highest price since the 2018 crash in November of that year. DCR is up over […]
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Top decentralized finance (DeFi) coins such as AAVE are outperforming over the past day. While Bitcoin and Ethereum are both up massively today, AAVE is up 18.5% in the past 24 hours alone. This performance makes it the best-performing digital asset in the top 100 by market capitalization. AAVE is now up by approximately 10% […]
An analyst expects DeFi tokens to mimic bitcoin's 2017 bull run this year.
An alliance of developers have already begun work on a new cryptocurrency, Decred. The new currency is based upon the same Bitcoin model that was previously used with all other cryptocurrencies. However, Decred is saving the main technical features of Bitcoin and fixing all of the issues that Bitcoin had. While the only clear contributors to the project are community-based such as are Github users, it can be assumed that the developers have a large amount of experience with Bitcoin development, and may even be the original Bitcoin Core developers. Decred will serve as a hybridized....
New partnerships, network upgrades, and a surge in DeFi activity sent Zilliqa price on a strong month-long rally. In the past month, Bitcoin (BTC) and Ether (ETH) basked in the limelight as each rallied to new yearly highs. Investors tend to focus their energy on the larger cap altcoins, which leads to smaller cap coins that reside outside of the top-10 being ignored. For example, Zilliqa (ZIL) has rallied 69% in the last 30-days. Despite this impressive performance, the altcoin has significantly underperformed Ether in the past six months. Daily cryptocurrency market performance. Source:....
The upcoming Decred hard fork also plans to increase DCR rewards for PoS validators from 30% to 80%. Decred (DCR) prices soared by as much as 45% on April 18 before paring some gains as traders bet on a major hard fork that aims to prevent pump-and-dump schemes by miners. Key Decred network upgrade in three weeksDCR rallied by nearly 45% to over $86 in one day, its highest level in four months. Moreover, the massive upside move accompanied a similarly huge spike in its trading volumes, confirming that most traders backed the intraday bullish momentum.DCR/USD daily price chart. Source:....