The cryptocurrency data platform CoinMarketCap (CMC) published on its Twitter profile the five most popular tokens in Asia in the last seven days.
According to the post made on Monday (23), Beefy.Finance (BEFI), BitTorrent (BTT), Holo (HOT), Tron (TRX) and Dent (DENT) were the main most traded on the continent.
“ROUND 3. Below are the 5 most popular tokens in Asia in the last 7 days! Are there any of your favorite projects there? You can find more interesting data at the link below .: https://coinmarketcap.com/best-cryptos/.“
Beefy.Finance (BIFI)
The first token, BIFI, was launched in 2020 and is a performance optimization tool in the Binance Smart Chain.
Beefy.Finance has a tool that allows users to identify projects that can spend their tokens. Thus, the tool ensures that no unwanted projects can drain funds from users’ portfolios.
BIFI is currently trading around $ 1,770 with a 38% drop in the past week. Despite being in low, the token has been standing out in popularity in Asia, as reported by CMC.
On March 16, Binance announced the Beefy.Finance (BIFI) listing in the innovation zone. It is a trading zone where new and innovative tokens with high volatility and greater risk can be traded
On the day of the announcement, the token registered its historic maximum price of $ 3,620.35.
BitTorrent (BTT)
BTT, which is costing around $ 0.0032, is also among the most popular tokens.
BitTorrent is a popular torrent and peer-to-peer file sharing (P2P) platform that was launched in July 2001 and purchased by TRON in 2018.
Since the acquisition, BitTorrent added several tools, with the BTT token, in 2019. BTT was launched on the TRON blockchain, using its TRC-10 standard.
According to its official literature, BitTorrent is currently the “largest decentralized P2P communication protocol” in the world.
Like BIFI, BTT also registered its record price last week, when it reached $ 0.003975.
ATH reached on March 20 coincides with promotions launched by exchanges Binance and Huobi last Friday (19). The accumulated increase in the last seven days is almost 100%.
Holo (HOT)
In third place is the little-known Holo (HOT), a platform that hosts decentralized applications built on Holochain, a framework for developing DApps that does not require the use of blockchain technology.
HOT reached its $ 0.0095 ATH on March 15, the same date as reboot of the Element chat app.
At the time of writing, HOT is costing $ 0.0075 with almost 12% appreciation in the past week.
Tron (TRX)
Then comes the TRX token as one of the most popular in Asia in the past week. Tron (TRX) is a blockchain-based operating system that aims to ensure that this technology is suitable for daily use.
Whereas Bitcoin can handle up to six transactions per second and Ethereum up to 25, TRON claims that its network has a capacity of 2,000 TPS.
Unlike previous projects, TRX is a far cry from its $ 0.30 ATH registered three years ago. In the end, TRX is trading at $ 0.060 with an increase of 17% in the last seven days.
The appreciation of the token coincides with some recent news. For example, with the announcement that actress Lindsay Lohan will launch an exclusive NFT collection at TRON.
In addition, Tron has also partnered with the MixMarvel platform to expand its dApp and DeFi offerings.
Finally, the DENT token, which is costing $ 0.012, is among the most popular on the Asian continent. In the past seven days alone, crypto has shot up nearly 250%.
Dent (DENT) is a cryptographic built on the Ethereum platform. Its purpose is to provide unused mobile data to people in need through the Dent Exchange.
Dent’s partners include Samsung Blockchain, G + D Mobile Security, GSMA and Enterprise Ethereum Alliance.
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