While Bitcoin is on the crest of the wave, other cryptocurrencies had more frenzied rises, rising 2,700% in the first quarter
2020 was the year of Bitcoin and for many people a totally unknown universe opened up, that of cryptocurrencies. Likewise, the media also began to give importance to the jump in the price of the most popular cryptocurrency, with a revaluation of almost 100% in the first three months of 2021.
However, while Bitcoin is riding the wave, there are other cryptocurrencies had more frenzied rises, rising a 2.700% in the same period.
5 cryptocurrencies with record rises
Without a doubt this is one of the favorites of Elon Musk. In the first three months of 2021, DOGE had a revaluation of the 1.051%. The price of Dogecoin ranged from $ 0.004668 to $ 0.053765 during the quarter. Then the cryptocurrency continued to rise and is trading at $ 0.06015.
For its part, LUNA registered an appreciation of almost 2,800% in the first three months of the year, the best valuation among the main cryptocurrencies on the market. But also, accumulated an appreciation almost 27 times higher than that of Bitcoin in the first quarter of the year. Although it lost 7.29% in the last hours (today it is trading at $ 15.48).
With a rise of 2,551.49%, this cryptocurrency far exceeded Bitcoin in the first quarter. Likewise, it remained in a price range between US $ 0.00632 and US $ 0.016757, although its price also dropped significantly in recent hours, over 6.5%. It is currently trading around $ 0.02133.
Its accumulated revaluation was 1,184%. With this price increase, Solana outperformed Bitcoin by more than ten times. Unlike other cryptocurrencies mentioned, Solana did not drop in the last hours and its price shot up in the last week, if it is in the US $ 27.
With accumulated appreciation 1,657% in the first three months of the year its price reached u $ s0.005067. Its revaluation was about 16 times higher than that of Bitcoin in the same period. Although it depreciated in recent days, the first week of April continues to show a positive trend. It is currently trading at $ 0.008054.
Another cryptocurrency to consider
In early April, the cryptocurrency Filecoin was located in the market top 10 and surpassed Litecoin for having doubled its price. Also, the Filecoin foundation donated 50.000 tokens, more than US $ 10 million, to make an improvement in the content library of Internet Archive.
Despite its function as a digital currency, its creators had the initiative to protect the integrity of stored data to make a difference with other platforms, such as, Dropbox.
This service can be used independently, in addition, Filecoin It acts as an incentive layer to preserve data, as customers pay to store at levels of redundancy and availability.
Likewise, participating in the Filecoin network carries rewards for miners called ‘Storage miners‘as they have an incentive to store as much data as possible safely. Apart from them, there are also the ‘Retrieval miners‘, where users pay to perform services that speed up data transmission, such as caching.
On the other hand, after entering the top 10 of cryptocurrencies, Filecoin tokens became the most traded in China and their volume of trade multiplied by three, surpassing Bitcoin.
But in addition, the Decrypt website published that Chinese officials encourage Filecoin mining, as their technological characteristics are adopted in the People’s Republic of China to provide its own online storage infrastructure against server attacks.
Some companies in the Asian giant such as real estate Xinyuan O Ninth City They invested millions of dollars to try to get the most out of the cryptocurrency.
Funente: 20 Minutes.