Theta, Chainlink and Cardano: The top altcoins of the day

While the Bitcoin price is still not going anywhere with a daily increase of 2.9 percent (minus 4.4 percent within the past seven days), there are winners as well as losers on the overall crypto market every day. So the total market cap can be noisy CoinGecko an increase of a good 2 percent to currently 1.302 trillion US dollars. Within the top 50 cryptocurrencies, two altcoins are realizing gains of over 10 percent in a 24-hour comparison at the time of writing, while many others are scratching the double digits. Below are the biggest altcoin gainers of the day.

Theta Network (THETA) Course: Daily Winners

Theta Network (THETA) course in 24-hour comparison. Source: Coinmarketcap

Theta Network (THETA) is one of two tokens on the Theta Network and is responsible for securing the network, while Theta Fuel (TFUEL) is used as the altcoin network’s gas token for actual transactions.

In the last 24 hours, THETA has gained around 13 percent and is trading at $1.38 at the time of writing. The market cap of the altcoin, which is the 50th largest cryptocurrency, is currently $1.376 billion.

Chainlink (LINK) course: silver medal for data delivery service for smart contracts

Chainlink (LINK) price in 24-hour comparison. Source: Coinmarketcap

The Chainlink (LINK) price has increased by 10.1 percent within the last 24 hours. With that, LINK is trading at $8.39 at the time of writing. With a market cap of $3.918 billion, the altcoin is the 22nd largest cryptocurrency. Among the daily winners is Chainlink (LINK), the coin that also shows the greatest growth over the past seven days: 9.8 percent. You can get LINK tokens at binance, octopuses, eToro and common crypto exchanges.

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Chainlink was designed to solve the information problem and power blockchains with reliable data from the “real” world. Chainlink’s approach is already playing a key role in the DeFi sector. However, due to the increased integration of smart contracts in other sectors, it is becoming increasingly important, as BTC-ECHO editor Moritz Draht explains in his article on the subject:

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Cardano (ADA) rate: The biggest altcoin among daily gainers

Cardano (ADA) course in 24-hour comparison. Source: Coinmarketcap

Cardano (ADA) is one of the largest cryptocurrencies in the space, developed by former Ethereum greats like Charles Hoskinson, the altcoin is preparing to overtake the largest token ETH after Bitcoin. The Cardano upgrade “Vasil”, which is in the starting blocks, should help.

Cardano (ADA) is up 6.99 percent to secure the bronze medal of today’s winners and is currently trading at $0.63. Cardano’s market cap currently stands at $33.820 billion.

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