Hot Assets You Should Check Out Today | May 24, 2022
Check out the daily NAGAX Hot Assets. We will review top gainers, top losers, and the most trending cryptos on our platform. Continue for more.👇
Top 3 Trending Cryptos
Bitcoin (BTC) - $29,330.20 (-3.80%)
The OG Coin is continuing to show a trend. Bitcoin is the world's first decentralized currency, with an anonymous founder, more and more countries are continually embracing the Bitcoin lifestyle with increased accessibility, framework, and light regulation.
Ethereum (ETH) - $1,982.10 (-4.20%)
Considered to be Bitcoins runnerup, Ethereum is breaking barriers as more talks continue in the Proof of Stake (PoS) mechanism.
Tether (USDT) - $1.00 (-.08%)
This stablecoin is meant to bridge the gap between fiat currency’s stability while providing the privacy and security of the cryptocurrencies we have all come to know. Are stablecoins in your trading strategy?
*Prices are indicative at the time of publication
Top 3 Gainers
NAGA Coin (NGC) - $0.387 (5.99%)
NAGA Coin is NAGA’s own decentralized currency alternative coin that is an immersive gateway to the benefits of NAGAX. With NAGA Coin, holders step into a connective world of decentralized currency connecting NAGA Trader and NAGAX, making it a holistic experience.
TRON (TRX) - $0.078 (2.3%)
Although it sounds like it is from a movie, TRON crypto was developed by the Tron Foundation in 2017. The aim of the project for this crypto is to help support content creators, a rather trending topic connecting NFTs and the metaverse. TRON is used as an award system for these creators.
Ethereum Classic (ETC) - $21.679 (0.49%)
Without getting too technical, Ethereum Classic was pounded after its counterpart, Ethereum (ETH). Ethereum Classic was built as a response to maintaining old ways of ETH from the DOA as it continues to transform. Top 3 Losers
Fantom (FTM) - $0.429 (-14%)
Fantom is a scalable blockchain project popular among decentralized finance (DeFi) users, and widely used in enterprise applications. Fantom Foundation is particularly active on Twitter as well.
Avalanche (AVAX) - $8.13 (-10%)
Avalanche has been on a rollercoaster of a ride since its first ICO. This cryptocurrency claims that it is the fastest on the blockchain. With lightning-fast speeds, AVAX seems to be gaining ground in the crypto universe.
The Sandbox (SAND) - $1.276 (-10%)
SAND is the powering currency of the Sandbox blockchain-based metaverse. It incorporates elements of virtual reality and real-life where the gaming community can earn and thrive on the P2E mechanism.
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Risk Warning: Cryptocurrencies are highly volatile and trading can result in the loss of your invested funds. Before investing you should be aware that cryptocurrencies may not be suitable for all investors. You should therefore carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and not invest money that you can not afford to lose.