After Russia invaded Ukraine, the crypto market starts to slow down as the global cryptocurrency market was trading in the red. This results in fear among the crypto investor who then started to offload their assets to protect against further price drops. Almost every altcoins investors are now concerned about the inflation that could lead to a huge economic crash in the market.
During the last 24 hours, bitcoin was
dropped by 0.72% to $38845.19. Similarly, the other second most popular crypto,
Ethereum was down was 1.02% at $2566.76. While Tether is gaining its positing
by 0.55% in $1.01.
1.
Ether (ETH)
Ether is gaining its market with the
rise in its price. It has remained in the #2 position on the chart of CoinMarketCap
after so many challenges. Despite
the challenges, Ethereum remains the most popular smart contract platform. The
developer working on Ethereum 2.0
upgrade should resolve many of these scalability issues and improve the dApp
development experience on the Ethereum blockchain.
Ethereum
blockchain dropped by $11 to date marking its lowest point after August 2021.
2.
Lucky Block (L-BLOCK)
It
is one of the assets that the investor wants to keep an eye on. The coin itself
is the native token of Lucky Block which is one of the innovative based gaming
platforms. For anyone looking for Lucky Block games, L-BLOCK acts as a gateway.
A coin can be purchased and used as an alternative to traditional tickets,
allowing investors to watch titles on the platform without restrictions. The
company is also making a move into non-fungible tokens (NFT). Their marketing
campaign includes the launch of an NFT collection later this month. There's no
doubt that Lucky Block is on the rise right now.
3.
Solana (SOL)
The
blockchain of Solana is becoming a major force in the market. Although the SOL
has was slower at the start of 2022, it's gaining investors’ interest. A
cryptocurrency payment processor developed by SOL's developers was released
last month, enabling e-commerce companies and point-of-sale operators to accept
SOL and several other coins. The Adobe Behance page now includes Solana-based
NFTs.
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