The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Binance Coin, Aeternity, Loopring: 2018’s Top 3 Performers Capitalize on Tech and Incentives

by Daily Hodl Staff
July 3, 2018
in Altcoins

Few cryptocurrencies are in positive territory this year, as we reach the halfway point of 2018.

In the last six months, the total market cap of all coins has dropped from about $673 billion to $271 billion, as tracked by CoinMarketCap.

Binance Coin (BNB)

Out of the small handful of cryptocurrencies that are thriving in spite of the downward trend, Binance Coin has surged the most.

The token created by leading cryptocurrency exchange Binance is up about 53% in 2018.

In May, the price of Binance Coin shot up when the exchange announced that users with 500 or more BNB can earn double the commission rate through the company’s referral program.

Binance, one of the largest and most successful cryptocurrency exchanges, has outperformed its competitors by driving loyalty among its user base and promoting a generous rewards program.

#Binance Doubles Referral Rewardshttps://t.co/n0fIsaVdLu pic.twitter.com/4Sk8mBc04l

— Binance (@binance) May 18, 2018

On Binance, users can pay their trading fees with Binance Coin and get a 50% discount. In the years to come, that amount is expected to decrease.

Binance also uses 20% of its profits each quarter to buy back BNB and destroy them, a trend it plans to continue until it has bought back 50% of all the BNB in circulation.

Aeternity (AE)

The next cryptocurrency on the list is Aeternity (AE), which is up 44% this year. Aeternity is designed to enable high-speed smart contracts and DApps by moving them off-chain.

Off-chain scaling solutions address a critical issue for blockchain adoption in the real world. Managing high transaction volumes at fast rates will allow for the kind of disruption that blockchain promises, displacing legacy tech altogether or becoming fully integrated into existing frameworks.

The coin surged last month after Bithumb announced it would be listing AE on its platform.

Aeternity(AE) and NEM(XEM) will be listed on Bithumb Today! ?

? https://t.co/TpDg4w8lx4

— Bithumb (@BithumbOfficial) June 7, 2018

Loopring (LRC)

Finally, Loopring is up 27% this year.

The protocol for creating decentralized exchanges generated a lot of excitement with the release of its 2018 roadmap.

The platform is designed to run on any blockchain and is launching multiple tokens to make that vision a reality.

Loopring’s initial currency (LRC) is Ethereum-based, and it has also been deployed on NEO (LRN) and Qtum (LRQ).

Last month, UOne.io became the first functioning decentralized exchange (DEX) based on the Loopring protocol. DEXs are becoming increasingly popular alternatives to centralized exchanges, given the recent spate of exchange hacks.

Check Latest News Headlines


 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • Radix Babylon Upgrade Marks New Era for Web 3.0 User and Developer Experience
    September 28, 2023
  • Tyrion Set To Decentralize the $377 Billion Digital Advertising Industry
    September 25, 2023
  • Hydranet Launches Layer Three Dex – A Game Changer for Trustless Cross-Chain Trading
    September 25, 2023
  • Ottochain Homage to EVMOS and Ethereum Layer Two
    September 21, 2023
  • Algorand Foundation Announces Build-a-Bull Hackathon in Collaboration With AWS
    September 20, 2023
  • OKX Achieves SOC 2 Type II Certification, Demonstrating Its Industry-Leading User Safety, Security and Compliance Standards
    September 20, 2023
  • Dexalot Unveils SimpleSwap and SimpleView Features for Enhanced User Experience
    September 19, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$27,855.46
$27,855.46
3.06%
Ethereum
$1,727.40
$1,727.40
3.07%
Cardano
$0.265892
$0.265892
4.77%
XRP
$0.522968
$0.522968
1.18%
Dogecoin
$0.063297
$0.063297
1.57%

Spotlight

  • Top Trader Says Bitcoin Bottom Not in Yet, Predicts New Six-Month Lows for BTC – Here’s His Downside Target
    September 24, 2023
  • Analyst Willy Woo Says This ‘Enemy’ of Bitcoin (BTC) Rearing Its Ugly Head Again
    September 24, 2023
  • Classic Bitcoin Indicator Suggests 2024 Bull Run, Says Trader Who Called May 2021 Collapse
    September 24, 2023
  • Brian Armstrong Says Crypto Lobbying Needs To Become Powerful and Sophisticated Before 2024 Election
    September 24, 2023
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash • Financeflux •
Industry Announcements

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2023 The Daily Hodl