Market Analysis Report (30 Jun 2021)

Source Node: 952140

Several tokens are leading the charge in the last 24-hour period. Some of these are well-known cryptocurrencies with more liquid trading pairs, so we’ll be focusing on these over low-cap cryptos that may have higher percentage changes.

Ethereum Classic (ETC) – Ethereum Classic is an attempt at keeping the Ethereum blockchain unaltered by the part of the community that opposed the hard fork and the return of The DAO funds. In 2017, a fork was implemented in ETC, removing the Ethereum difficulty bomb. Currently, there are no plans to move to Proof of Stake like Ethereum, although developers at the IOHK institute are developing a new PoS protocol for Ethereum Classic.

Filecoin (FIL) – Filecoin is a decentralized storage network that turns cloud storage into an algorithmic market. The market runs on a blockchain with a native protocol token (also called “Filecoin”), which miners earn by providing storage to clients.

Waves (WAVES) – Waves is an open blockchain protocol and development toolset for Web 3.0 applications and decentralized solutions, aiming to raise the security, reliability and speed of IT systems. It enables anyone to build their apps, fostering mass adoption of blockchain, with a wide range of purpose-designed tools for making the process of developing and running dApps easy and accessible.

Source: https://www.cryptocompare.com/email-updates/daily/2021/jun/30/

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