Analysis

Top 3 coin movers today: XinFin, Joe, Hex

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CoinDesk Consensus

Within the final 24 hours, the cryptocurrency market has seen some attention-grabbing actions, with three digital property standing out from the remainder relating to worth efficiency.

XinFin up over 21%

XinFin (XDC) is the primary digital asset that made an inventory, with a 24-hour worth enhance of 21.37%. This worth rise comes after a robust uptrend up to now few weeks, with a 30-day enhance of 58.09%.

The platform goals to facilitate cross-border commerce finance, provide chain finance, and different enterprise processes via its hybrid blockchain mannequin. XinFin was based by a staff of entrepreneurs and blockchain specialists, together with Atul Khekade, Ritesh Kakkad, and Sameer Dharap.

On the time of writing, the market capitalization of XinFin stands at $598 million — with a 24-hour buying and selling quantity of $12 million. Its all-time excessive (ATH) of $0.19451 was achieved on Might 8, 2021, and is at present down by 78% from that peak.

XDC
(Supply: Crypto Slate)

JOE up nearly 20%

JOE (JOE) is the second digital asset that noticed vital worth actions within the final 24 hours. JOE is up by 19.94% up to now day — with a 7-day enhance of 75.82% and a 30-day enhance of 45.25%.

JOE is a decentralized platform for creating and buying and selling limited-edition NFTs which might be linked to real-world collectibles, whose purpose is to deal with the shortage of authenticity and shortage within the NFT market by linking every NFT to a singular bodily asset, corresponding to a uncommon coin or sports activities memorabilia.

It’s market capitalization at present stands at $136 million — with a 24-hour buying and selling quantity of $86 million. JOE hit an ATH of $5.05117 on March 11, 2021, and is now down 92% from that peak.

Joe
(Supply: Crypto Slate)

HEX up over 16%

The third digital asset that has seen vital worth actions within the final 24 hours is HEX (HEX). The worth of HEX has risen 16.93% since March 20 — surging within the final seven days up 14.65% with a 30-day enhance of 48.31%.

HEX is a blockchain-based certificates of deposit that permits customers to stake their HEX tokens and earn curiosity on their holdings. The platform additionally incorporates a singular “gamification” aspect, rewarding customers who maintain their HEX tokens for longer intervals.

HEX’s market capitalization at present stands at $17 million. It has a 24-hour buying and selling quantity of $37 million and an ATH is $0.51106 — achieved on January 3, 2021.

Hex
(Supply: Crypto Slate)

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