Only one Week after last 5K we did 6K! Weekly Chart of Top 10 CryptoCurrencies by Growth Rate...
We are still experiencing the big quake after the big leap in the Bitcoin's price, wondering what will happen to the market, where it will go. Next week we expect another Bitcoin hard fork called Bitcoin gold. Bitcoin gold has already released its site and their team officially announced. In fact, on Wednesday, I had the opportunity to attend a lecture of a participant in the Bitcoin gold team, which took place in Sofia, Bulgaria. As far as the project is concerned, they do not offer drastic changes, except for the change of the sha 256 algorithm on equihash used by Zcash, the purpose of the algorithm is to avoid the use of ASIC processors. Other big news are that more large corporations involves into Ethereum network named Enterprise Ethereum Alliance, corps like Hewlett Packard and others. So let's start with weekly cryptocurrency chart and see who made most money this week!
1) Smart Cash (SMART) - 310.28% / 77th place
Smart Cash is another cryptocurrency base on blockchain. They have interesting approach to the market to the supporting community. The motivating people to contribute to the project in return for awards. As far as I understand they combines PoW and PoS consensus method, with predominance of PoS. To stake SMART's you have to have at least 1000 coins to get rewarded. 80% of all reward goes to stakeholders, 20% goes to miners and for smart rewards. One important thing about staking is that if you have to buy coins before 24th of every month, and you will get your award next month after 24th, and if you buy after 24th then you will receive award the month after next on 25th. So other interesting is that community is divided to two parts: Smart Hive and Hive Teams, so everyone can join them.
Price at the moment: 1 SMART = $0.101395
Market Cap: $72,742,648
Circulating Supply: 711,461,289 SMART
Max Supply: 5,000,000,000 SMART
2) Zen Cash (ZEN) - 227.01% / 91th place
Zen is an end-to-end-encrypted system with zero-knowledge technology over which communications, data, or value can be securely transmitted and stored. Zen Cash is hard fork of Zclassic, released on 27th of may 2017. They use Equihash algorithm, which means that you can mine it with GPU processors. 88% of all rewards goes to miners, 5% goes to one or more DAO's, 3.5% goes to secure node operators and 3.5% goes to core team. Block size is 2 MB and reward per block is 12.5 ZEN's. That all seem Bitcoin alike, and even in their white paper they mention it
Price at the moment: 1 ZEN = $23.59
Market Cap: $54,401,048
Circulating Supply: 2,305,862 ZEN
Max Supply: 21,000,000 ZEN
More: https://zensystem.io/
3) Neblio (NEBL) -125.84% / 88th place
Neblio is a blockchain network. Blockchain’s unique distributed ledger technology is what makes the Neblio Network possible. This decentralized system of securely storing transactions is the future of database technology for global networks. Enterprise applications taking advantage of this technology gain numerous benefits over those using traditional database architectures including transaction immutability, transparency, security, reliability, and decentralization.
Price at the moment: 1 NEBL = $4.13
Market Cap: $51,466,861
Circulating Supply: 12,475,605 NEBL
Max Supply: 13,200,439 NEBL
More: https://nebl.io
4) NoLimitCoin (NLC2) - 97.85% / 85th place
In NLC2 platform you are be able to compete in Fantasy Games via our flagship NoLimitCoin. This platform is 100% run on cryptocurrency and has all the advantages of the blockchain technology. This is how Fantasy Sports is meant to be.
Price at the moment: 1 SPRTS = $0.270061
Market Cap: $55,092,632
Circulating Supply: 204,000,695 NLC2
Max Supply: *
More: https://www.nolimitcoin.org/
5) Metaverse ETP - 86.26% / 47th place
Metaverse seems to me like first serious project in that weekly chart. Metaverse digitizes assets (similar to asset-backed securities) such as rare goods (artwork and antiques), intellectual property, and rights to earnings from financial instruments to improve market efficiency. Through the provision of smart agreements and digital identities, Metaverse connects separated stores of value to form an internet of value.
Price at the moment: 1 HSR = $5.95
Market Cap: $134,577,802
Circulating Supply: 22,600,000 ETP
Max Supply: 100,000,000 ETP
More: https://mvs.org/
6) Vertcoin (VTC) - 77.51% / 73th place
Vertcoin is a digital currency that can be sent between people over the internet. Vertcoin (VTC) stays true to the original vision of cryptocurrency: a financial system owned by its users, the people’s coin. Vertcoin is not controlled by large banks or mining hardware manufacturers and can be mined by anyone profitably. Fairly distributed without a premine, ICO or airdrop, Vertcoin is developed by community members working as volunteers and the project is wholly funded by donations. A finite resource similar to gold, you can rest assured that Vertcoin will keep your money safe from vested interests and ensure that transaction fees are proportionate and shared between a large number of miners. With Vertcoin, you can truly be your own bank.
Price at the moment: 1 VTC = 1.91
Market Cap: $76,704,389
Circulating Supply: 40,481,950 VTC
Max Supply: 84,000,000 VTC
More: https://vertcoin.org/#whatis
7) Stellar Lumens (XLM) - 74.51% / 18th place
A decentralized network consists of peers that can run independently of each other. The power to transmit information is distributed among a network of servers, instead of being driven from one primary source. This means that the Stellar network does not depend on any single entity. The idea is to have as many independent servers participate in the Stellar network as possible, so that the network will still run successfully even if some servers fail.
Price at the moment: 1 XLM = $5.28
Market Cap: $0.030794
Circulating Supply: 16,587,814,333 XLM
Max Supply: 103,353,513,548 XLM
More: https://www.stellar.org/how-it-works/stellar-basics/explainers/
8) Bitquence (BQX) - 43.80% / 84th place
The Bitquence team has mapped out a multi-year approach to building a scale platform that will tackle these problems in a way that builds a powerful new ecosystem. Bitquence will be building services and tools that will accelerate user understanding and interaction of what is right now a confusing and dangerous industry. Bitquence will build a bridge between the new economy and the old by unifying crypto and traditional assets on a consolidated platform..
Price at the moment: 1 BQX = $0.799158
Market Cap: $57,250,049
Circulating Supply: 71,637,960 BQX
Max Supply: 222,295,208 BQX
More: https://www.bitquence.com/#platform
9) VeChain (VEN) - 32.47% / 74st place
VeChain development team highly recognized blockchain decentralized construction of the essence, absorb the traditional corporate governance structure essence, and improve the efficient formulation and implementation of the VeChain development and strategy, but also avoid serious blockchain design philosophy differences and irreconcilable again.The VeChain team commissioned a trusted third party organization to assist the team in setting up foundation entities in Singapore and to maintain the day-to-day operations and reporting of the entity architecture.
Price at the moment: 1 VEN = $0.276688
Market Cap: $76,687,575
Circulating Supply: 277,162,633 VEN
Max Supply: 867,162,633 VEN
More: https://www.vechain.com/#/
10) ATM Chain (ATM) - 28.82% / 64th place
ATMChain is composed of the block chain network, open platform of ATMChain and ATMChain APP. The entire business ecology also includes advertising platform, media screen and other facilities as well as advertising users, advertising publishers, user site providers, digital currency exchanges and other roles.
Price at the moment: 1 ATM = $0.030645
Market Cap: $86,220,199
Circulating Supply: 2,813,534,394 ATM
Max Supply: 10,000,000,000 ATM
More: https://www.atmchain.io/