Tezos and Cardano post double-digit gains
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
$103,671.00
0.24%$2,438.27
3.38%$2.41
1.13%$654.44
1.97%$171.72
-0.14%$0.999994
0.01%$0.227317
9.10%$0.810757
2.36%$0.260289
-1.35%$2,436.00
2.83%$103,456.00
-0.40%$3.97
-1.04%$16.43
1.00%$24.54
4.38%$2,918.69
2.26%$0.304755
1.13%$0.00001584
3.79%$0.208888
3.34%$25.44
1.25%$3.38
2.76%$420.10
1.61%$8.68
-0.52%$0.999992
0.00%$102.50
2.70%$5.06
7.23%$2,436.11
3.33%$323.90
6.48%$4.93
9.62%$2,598.70
3.38%$0.00001301
2.06%$1.001
-0.02%$0.729317
-2.19%$103,572.00
-0.02%$1.00
0.01%$30.28
0.15%$6.70
4.81%$448.07
2.17%$3.01
2.58%$5.79
1.98%$222.35
5.47%$54.54
1.00%$1.035
0.38%$1.051
0.03%$19.65
2.18%$1.00
0.00%$5.48
1.76%$0.10079
-1.47%$14.12
-3.52%$34.47
3.17%$0.105399
0.81%$22.16
0.29%$5.16
2.66%$0.03077549
3.10%$0.770069
-0.94%$0.258861
0.74%$5.04
1.73%$0.861209
-0.16%$0.385163
-0.86%$1.002
0.13%$103,206.00
-0.19%$0.239531
1.64%$3.07
1.10%$1.17
-0.02%$3.19
7.97%$0.41291
8.34%$0.589127
-1.43%$4.36
0.01%$0.00002236
-1.18%$1.17
1.49%$4.53
0.23%$0.532123
-2.09%$1.008
3.04%$1.002
0.38%$1,790.75
2.69%$2,442.72
3.83%$11.26
0.49%$0.923278
7.65%$180.21
-0.85%$96.05
0.53%$2,539.74
3.47%$1.34
-0.63%$0.02027799
0.59%$0.788981
4.98%$0.254625
6.37%$1.29
0.23%$1.96
-2.91%$0.674862
1.90%$12.36
3.14%$0.076925
-0.17%$4.45
-3.87%$103,598.00
0.21%$2,761.05
2.87%$0.119094
5.53%$1.00
0.23%$0.781685
1.13%$0.00010391
2.15%$1.069
4.41%$654.96
2.00%$1.00
-0.02%$0.924662
3.87%$221.78
-0.25%$0.01880567
-0.66%$2,592.89
3.71%$1.001
0.16%$0.02018951
3.58%$0.01395699
-7.67%$189.97
-0.29%$3.01
2.90%$0.871385
17.34%$0.344209
3.91%$103,644.00
0.63%$0.836928
1.71%$42.06
2.34%$3,326.40
-0.13%$0.082394
1.73%$104,234.00
-0.70%$2.41
3.43%$0.00000081
3.68%$3,332.22
-0.07%$1.00
0.03%$102,378.00
-0.51%$0.246247
3.36%$13.59
-7.87%$2,551.24
3.28%$23.28
1.44%$0.613411
-2.47%$4.08
-1.90%$0.123739
2.46%$0.444944
2.50%$0.729521
6.73%$2,543.70
2.94%$0.186473
-8.59%$0.646693
4.00%$0.359262
4.00%$2.04
1.28%$41.42
-3.41%$0.997854
-0.00%$3.93
0.27%$0.999543
0.08%$0.761392
-2.13%$0.0183598
-1.80%$1.10
-0.36%$1.67
13.16%$0.01029532
-0.39%$0.227619
9.35%$0.00619346
1.63%$0.178425
5.13%$111.00
0.02%$0.704539
3.51%$0.462044
-4.29%$19.19
1.15%$8.06
-2.17%$0.483954
-0.57%$103,589.00
0.08%$2,439.50
3.51%$0.648026
4.21%$2,594.71
3.89%$2,439.82
3.50%$0.515956
-0.39%$2,481.45
2.45%$0.198422
9.70%$0.998158
0.07%$0.00002478
3.08%$0.999999
0.02%$4.11
4.39%$0.195865
-1.05%$103,305.00
0.21%$0.09536
8.89%$6.79
3.60%$2.94
3.23%$0.065442
-1.44%$0.00889812
0.66%$100,836.00
-0.33%$0.999994
0.01%$0.100162
1.89%$1.65
2.02%$0.04689157
2.12%$1.79
-1.94%$2,435.96
3.42%$0.666582
5.00%$0.0000011
5.86%$0.164065
5.43%$0.259035
0.70%$0.00000043
-3.95%$46.21
1.89%$1.57
1.36%$1.096
0.91%$1.007
1.19%$0.00583083
-6.51%$0.865617
3.45%$0.412195
3.57%$0.346349
0.61%$0.190046
6.74%$0.00379051
9.71%$0.00006953
4.10%$0.00449796
1.67%$2,413.10
1.84%$0.03753315
0.03%$0.382287
2.38%$0.01904002
-0.62%$33.26
0.72%$0.99978
0.29%$0.866327
1.30%$1.31
5.90%$21.63
0.48%$1.00
-0.02%$0.352156
0.22%$1.46
3.70%$135.00
3.07%$2,563.23
3.13%$103,328.00
-0.07%$4.15
8.20%$0.27525
5.56%$0.33667
5.13%$24.51
4.17%$25.39
1.39%$2,680.68
3.27%$0.734676
-0.76%$2.96
-0.23%$103,527.00
-0.03%$0.00000161
-3.31%$1.001
-0.02%$2,653.35
3.37%$0.230667
1.84%$0.549282
3.99%$0.998629
-0.13%$1.00
0.01%$0.00353045
1.02%$0.287896
17.44%$18.72
6.26%$2,438.27
3.57%$2,626.11
3.48%$1.099
0.03%$0.03571884
0.51%$0.00
13.82%$24.13
-0.16%$0.58667
2.06%$0.00284961
7.82%$0.00391303
4.04%$2,417.07
2.21%$25.39
1.28%$0.285224
-0.90%$0.999868
0.12%$0.121683
4.79%$3.45
-2.35%$0.04067407
0.56%$0.999515
-0.01%$0.01435506
2.61%Reading
Cardano (ADA) and Tezos (XTZ) have just been marked as the top blockchain technology platforms by Weiss Crypto Ratings.
Cardano and Tezos are top of the list in terms of technology and have been graded as "excellent" by the cryptocurrency and stock rating firm. Just two other cryptocurrencies are also rated excellent for technology—Cosmos (ATOM) and Factom (FCT), meanwhile Bitcoin (BTC) is simply rated as "fair".
However, despite being listed as excellent technology-wise, both Cardano and Tezos don't fare so well based on other metrics, scoring a D- and D+ respectively for risk and reward, whereas Cardano has an overall rating of B-, compared to Tezos' C+. Bitcoin and Ethereum have the highest overall rating of the 123 cryptocurrencies measured by the platform, having both achieved an A-grade for adoption.
Notably, Cardano, Tezos, and Cosmos all use Proof of Stake (POS) or a variant of POS as their consensus algorithm. This is widely considered to be more efficient than the energy-intensive Proof of Work (PoW) algorithm used by Bitcoin and Litecoin (LTC), since it completely eliminates the need for cryptocurrency mining hardware.
Both Cardano and Tezos are also leading the market in 24-hour growth among large-cap coins today. Cardano is up 14.06% in the last day, with ADA climbing to $0.043 as the cryptocurrency adds almost $150 million to its market capitalization overnight to become the 13th largest cryptocurrency by market cap.
Tezos isn't far behind after gaining 12.38% to reach $2.67, further solidifying its place as the tenth-largest cryptocurrency as its market cap swells to $2.17 billion.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
Dogecoin hit its highest price in months early Saturday, nearly touching $0.23 as the broader crypto market rebounds—and Bitcoin sits mere percentage points away from its own current all-time high. Over the last week, DOGE has jumped nearly 27% to a current price of $0.225, including an 9% rise in the last day alone. Saturday's earlier price peak is the highest recorded for Dogecoin since March 2, per data from CoinGecko. Along with price gains, open interest on Dogecoin is up to its highest lev...
For the past two years, Ethereum's price has lagged behind Bitcoin. But over the past two days, ETH has been outpacing BTC and other major coins, with three analysts whom Decrypt contacted attributing its huge gains to a flawlessly executed technical upgrade and a few hopeful signs about the global economy. The analysts believe that Ethereum may have significant upside after languishing in the doldrums amid concerns about its underlying network's speed and efficiency. "The market is poised to re...
Leading tokens from last cycle’s viral meme coin phenomenon are skyrocketing in value this week as Bitcoin reclaimed $100,000, Ethereum marked double-digit percentage gains, and Solana hit a two-month high. Solana-based tokens Moo Deng (MOODENG) and Peanut the Squirrel (PNUT) lead the category, jumping 143% and 55% respectively in the last 24 hours on more than $900 million in respective trading volume, according to CoinGecko. The pair, which became notable enough to earn listings from major ce...