The release of US inflation data for June of 9.1 percent simultaneously dealt another major blow to crypto and equity markets last Wednesday, with long red candles dominating the charts. Once again, it has to be said, because risk assets in particular, which include crypto assets such as Bitcoin and altcoins as well as tech stocks, have been struggling with falling prices for months. But today, Friday, the world looks very different again.
Bitcoin can look forward to a price increase of 4.06 percent on a daily basis, while Ethereum is currently up 10.34 percent. But some altcoins are making those sizeable gains look old. Today’s top altcoins include Quant, Aave, and Uniswap.
Quant (QNT) price: Worth a quarter more
The Quant Network (QNT) wants to establish itself as a kind of basic infrastructure in the interoperability of blockchain platforms. The Quant token is the proprietary Ethereum token on which Quant Network’s enterprise software solutions operate. The special feature: Quant Network enables the creation of so-called multi-chain apps (mApps). These work in a similar way to the already known dApps, but have the special feature that they enable the user to create an interaction between the different blockchains. Data can thus be processed, verified and stored on multiple chains. In short: mApps are operated on several blockchains.
Within the last 24 hours, the QNT price has increased by 24.99 percent. A quant token is currently trading at a price of 108.03 US dollars. While there is still a long way to go to the all-time high of $427.42, Quant is at the top of the top altcoins today. Quant can be traded on Bison, eToro, binance, octopuses and other common crypto exchanges.
Do you want to buy cryptocurrencies?
Aave (AAVE) Course: Silver Medal Lending Protocol
While lending providers are the focus of negative reporting these days, not least due to the collapse of the Celsius network, the DeFi lending protocol Aave can buck the trend.
The AAVE price is quoted at 92.31 US dollars on today’s trading day and is therefore 17.38 percent higher than yesterday. On a weekly basis, AAVE can even make up 29.43 percent and on a monthly basis, the Altcoin just barely misses the 50 percent with 48.02 percent.
read too
Uniswap (UNI) price: Over 80 percent on a monthly basis
The decentralized crypto exchange Uniswap (UNI) has been one of the biggest winners in the altcoins in the ongoing bear market for weeks. Currently trading at $7.04, UNI is miles away from the all-time high of $44.92 (May 3, 2021), but on a monthly basis, UNI is able to look back on an 80.92 percent recovery. In a 24-hour comparison, the altcoin can make up 12.73 percent.
BTC-ECHO market expert Stefan Lübeck wrote down everything else about the current price of Uniswap (UNI) in his current Altcoin analysis:
read too
You want to buy ApeCoin (APE)?
This is possible via eToro, among other things. eToro offers investors, from beginners to experts, a comprehensive crypto trading experience on a powerful yet easy-to-use platform.