These are the top altcoins of the day

While the crypto space has used the past few weeks and months to recover from the FTX shock, the next potential bad news is already just around the corner with rumors of bankruptcy about the Digital Currency Group and allegations against Binance. But it’s not all over yet – DCG doesn’t have to go bankrupt and Binance could clear up doubts with conclusive explanations.

Investors use the pre-Christmas period to make modest purchases. So much of the crypto market is trending sideways as of today, December 21st, but there are also outliers – down and up. The day’s losers within the top 30 are Lido DAO (LDO), Terra Luna Classic (LUNC) and Bitcoin SV (BSV), all of which are down between 3.5 and 2.5 percent over the past 24 hours.

The daily winners below.

Ethereum Classic (ETC): Gold medal for ETH hard fork

The Ethereum hard fork is currently reporting a price growth of 4.39 percent, increasing its market capitalization to $2.283 billion. ETC is currently trading at $16.41. The altcoin is worth almost a tenth of the all-time high that Ethereum Classic set more than a year and a half ago, on May 6, 2021, at $167.09.

Ethereum Classic, meanwhile, is a hard fork of Ethereum that was originally developed in response to a hack that stole $50 million in ether from The DAO received, an autonomous organization that operates a crowdfunding to build decentralized open source business models based on Ethereum. You can read everything else about ETC here.

Toncoin (TON): Telegram coin with steady price growth

We already reported on the growth of the Telegram token TON a week ago. It seems that recent integrations within the Telegram Messenger fueled the price increase. In addition, the “The Open Network” coin can be used for the first time thanks to a new cooperation with SafePal transferred to a hardware wallet since mid-November.

This is likely to have fueled TON’s mass adoption, as the move of its own tokens away from centralized exchanges towards storage on hardware wallets in the wake of the FTX collapse was a key trend over the past month.

Investors thank the project: In a 24-hour comparison, the Altcoin was able to increase by 3.97 percent, in the last seven days by 7.94 percent and calculated for the month even 48.94 percent. TON price is $2.53 at the time of writing.

OKB: Third place for South Korean Exchange Token

OKB is the utility token of the Seychelles-based crypto exchange OKX. Within the last 24 hours, the OKB rate has grown by 3.11 percent, giving the altcoin the bronze medal in today’s ranking of the top coins on the crypto market. OKB lost 1.17 percent on a weekly basis, but the token makes up for that on a monthly basis: because there it is 12.98 percent up.