DeFi Coin (DEFC) is the native token of DeFi Swap – an exciting new decentralized exchange that offers a selection of services, including token swapping, staking, and yield farming. DeFi Coin (DEFC)Īnother low-cap crypto gem that has been making waves in recent weeks is DeFi Coin. With Lucky Block putting the final touches on its mobile applications, everything seems set for LBLOCK to explode once the market flips bullish.Ĭryptoassets are a highly volatile unregulated investment product. Less than four months since its launch, LBLOCK has notched 50,000 holders. There is also growth in Lucky Block’s ecosystem. Both athletes are expected to carry LBLOCK to new heights, using their reach and exposure to benefit Lucky Block significantly. The asset’s developers have announced a number of brand ambassadors, including boxing legends Dillian Whyte and Florian Marku. Today, the low cap crypto trades at $0.0021 – having seen a pump from support in mid May 2022.Īs should be with a low market cap crypto, LBLOCK has been seeing some significant updates recently. While market downturns have since caused it to dip, LBLOCK remains one of the most exciting coins in the market right now. In less than a month after its launch, the coin saw a 65x increase and hit an all-time high of $0.0097. LBLOCK was launched this January at a price of $0.0020. With LBLOCK, players will be able to enjoy all games available in the ecosystem and more perks. The platform has ditched the traditional ticketing system, instead opting to use LBLOCK to grant players easy access to its platform. Lucky Block offers access to various competitions within its ecosystem. This is the native token for Lucky Block – an online gaming platform that leverages blockchain to promote credibility and transparency in the online gaming space. Kicking off our list of the best low cap crypto gems is LBLOCK. A Closer Look at the Top Low Market Cap Crypto Coinsīelow, we’ll shed some more light on the most promising low cap cryptocurrencies in the market: 1. Bitcoin’s rise breaks its dry spell it had hovered around $9,000-$10,000 for about two months.Cryptoassets are a highly volatile unregulated investment product. Bitcoin, still by far the largest cryptocurrency by market cap, today hit $11,600, an increase of about $2,000 since last Saturday. It’s also brought major tokens along for the ride. Following the crypto market's ebb in mid-March, when its market cap crashed to $122 billion amid the shock to global markets caused by the pandemic, the crypto market cap has since almost tripled to $340 billion.
Hence its boom.ĭeFi’s rise has helped spike the entire crypto market cap. A nd most of these DeFi protocols live on Ethereum. The DeFi market cap yesterday hit $8 billion, and the total value locked up in its smart contracts today hit $4 billion just two weeks ago, there was $3 billion locked up in its smart contracts, and $2 billion two weeks earlier.ĭeFi protocols have become very popular recently due to the introduction of something called yield farming, where DeFi protocols offer users incentives for depositing their crypto with them (imagine it as another kind of interest for lending out your crypto). DeFi refers to non-custodial financial products, like synthetic stocks, decentralized stablecoins or lending protocols that give users easy access to money and high-interest rates. It’s a useful benchmark for the size of a cryptocurrency network.Įthereum’s rising market cap is linked to its rising price, which, similarly, hasn’t been this high since August 2018.Įthereum’s good fortune is linked to this month’s boom in decentralized finance, also known as DeFi. Market capitalization is calculated by multiplying the price of a coin with the number of coins in circulation. The market cap for Ethereum has hit $40 billion, the highest level since August 2018.
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