Recommended
Top 3 Cryptocurrencies with Rapid Growth in Bear Market
2022/05/30By: C, Fiona
Cryptocurrencies such as EverGrow, BNB and Tron focus on driving profits in the bear market. After losing $500billion, the cryptocurrency industry entered a new bear market.
Since last July, the market value of cryptocurrency has not reached the level of $1.25 trillion. Although the prices of most of the major cryptocurrencies have fallen in the past few weeks, three cryptocurrencies are growing rapidly even in a bear market. They are EverGrow Coin, BNB and Tron (TRX).
EverGrow Coin’s Price Rose by 40%
Yesterday, EverGrow Coin, pumped water at a price of up to 40% in a few hours. On the digifinex exchange, the price of EverGrow Coin, rose from US $0.000000255 to US $0.000000358. The price on coinmarketcap is often fluctuating for EverGrow Coin, because it switches between CEX and DEX prices.
For example, although the coinmarketcap shows that the current price of EverGrow Coin, is $0.0000002711, in fact, the price in digifinex is $0.0000003445. Most transactions of EverGrow Coin, take place in digifinex.
EverGrow Coin, is a leading hyperdeflationary token, which is reflected by busd on the binance BNB chain. Since its launch in September last year, the project has paid more than $37million of busd reflection from the 8% transaction tax.
EverGrow Coin, will further raise its price this year because it has launched the first of a set of applications in its ecosystem – the lunasky NFT market is expected to come at any time.
Download App for Android | Download App for iOS |
BNB is Up 3% Today
So far, BNB is the main cryptocurrency with rapid growth. When bitcoin, Ethereum, XRP, Cardano and Solana were all at a loss, BNB rose 3% today. In the past week, BNB’s price has actually increased by 10%. BNB is the native token of the binance ecosystem, which provides power for its binance cryptocurrency exchange – the largest cryptocurrency exchange in the world in terms of daily trading volume.
Binance has become one of the most secure cryptocurrency networks in the industry. The current price of BNB is $331, up from a low of $227 during the cryptocurrency crash. Just before the collapse of cryptocurrency, BNB’s price was $364 and quickly recovered its losses.
Tron Flip Shiba Inu
After the dramatic collapse of Terra Luna and UST, Tron (TRX) jumped to the top 20 of cryptocurrencies. Tron not only maintained its position, but also flipped Shiba Inu and Dai in recent days and found a seat in the 14th largest cryptocurrency by market value (US $7.65 billion). Tron is now approaching avalanche, and the market value between them is only more than $100million.
Tron (TRX) rose 1% in the past day and 12% in the past week. The growth of Tron even exceeded that of BNB. However, BNB’s market value exceeded 54billion US dollars, which was even better.
Tron was launched in 2017 to provide full ownership for creators of digital content – for example, to encourage consumers to reward content creators directly without intermediaries.
The project now has its own decentralized blockchain with DAPP and smart contract functions. The network hosts decentralized games, streaming media services, app stores and music websites, and is used on BitTorrent, a file sharing service.
![](/mask.png)
Register now to begin your crypto journey
Download the BTCC app via App Store or Google Play
Follow us
Scan to download
- Terms & Agreement
Quick Links
Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
The world’s longest-running cryptocurrency exchange since 2011 © 2011-2024 BTCC.com. All rights reserved
Comments
Leave a comment
Your email address will not be published. Required fields are marked with an asterisk (*).
Comment*
Name*
Email address*