While most cryptocurrency investors frown, Krypton, Venus, Everdome, Rich Quake, and Toco Crypto owners beam. Here are five outstanding BNB chain coins to consider:
Because the prices of Bitcoin and Ethereum, as well as the entire cryptocurrency market, have plummeted over the past week, the bear market is still very much alive. However, there is always hope, and we will demonstrate five BNB on-chain tokens that have not only outperformed the major coins but also experienced growth over the past week.
We’re observing tokens with market capitalizations between $25 million and $100 million, and keep in mind that smaller currencies often exhibit greater volatility (and carry more risk). These tokens are accessible only via the BNB chain.
- Krypton DAO
First, the decentralized community alliance platform Krypton DAO uses the Decentralized Autonomous Organization (DAO) Government of Krypton DAO.
According to CoinGecko, the price of $KRD has risen by about 20% in the past week, reaching an all-time high of $1.26 on December 10 before leveling down at $0.93 at the time of writing. The current market capitalization of Krypton DAO is $95 million.
- Venus Protocol
Decentralized Finance (DeFi) Venus Protocol, a large network of bed and breakfasts, has also experienced growth over the past week as the platform embraces a broader variety of modifications as part of its V4 upgrade.
At the time of writing, the price of $XVS was $4.47, a 3% gain over the previous week. The coin has been rising since a few weeks ago, with a 10% increase over the previous month. The current market capitalization of Protocol is $64 million.
- Everdome Project Everdome has been on a roll, exhibiting its technology at an F1 event in Abu Dhabi and livestreaming its launch to Mars.
The price of $DOME has risen by 34% over the past month and by 18% over the previous week. Currently, the market capitalization is $64 million.
- Richqua
BNB Chain Memecoin RichQuack is one of the most active groups in the entire cryptocurrency industry, and they wasted no time kicking off the festive season.
The price of $QUACK has increased by 15% over the past week. Currently, the market capitalization is $57 million.
- Tococrypto
Tokocrypto, an Indonesian cryptocurrency exchange, is expanding despite rumors that Binance is in the process of acquiring it.
The value of $TKO has surged by 14% over the past week, 39% over the past two weeks, and 75% over the past month as a result of unsubstantiated news. Currently, Tokocrypto has a market cap of less than $26 million.
What exactly is BNB Chain? Binance operates BNB Chain, a community-driven, decentralized, and censorship-resistant blockchain. Previously, it was known as Binance Smart Chain (BSC). This comprises the BNB Smart Chain and BNB Beacon Chain, which are EVM-compatible and equipped with a multi-chain environment. Through the concept of MetaFi, the BNB chain intends to offer the foundation for an alternative global virtual environment.
What is Venus Protocol
Venus Protocol is a decentralized marketplace with borderless stablecoins for lenders and borrowers. Venus is one of the largest algorithmic currency markets and synthetic stablecoin protocols on the BNB chain. The Binance-backed protocol became famous around DeFi after founder Joselito and its Venus Rewards token VRT rewards a massive burn to come for XVS token holders.
The decentralized Venus Protocol marketplace offers international stablecoins to both lenders and borrowers. Venus is among the largest stablecoin systems and algorithmic currency exchanges on the BNB chain. The Binance-backed protocol acquired notoriety among the DeFi community as a result of founder Joselito and the Venus Rewards token VRT’s upcoming large burn for XVS token holders.
What is Everdome
Everdome is creating the metaverse with the highest degree of hyperrealism. Digital-life brings together businesses and individuals in order to provide real-world experiences that seamlessly integrate the digital and physical realms. This creates the most realistic Web3 experience possible.
What is Rich Quake
The objective of the community-driven project Rich Quake was to optimize the investors’ earnings. The platform includes a decentralized multi-chain launchpad, raffles, and lotteries for QUACK token holders.
The platform’s hyper-deflationary QUACK token grants early access to IDOs and pays a portion of transaction taxes to long-term holders.
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