RATE Group | This little-known cryptocurrency is heading towards the top ten
71810
post-template-default,single,single-post,postid-71810,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

This little-known cryptocurrency is heading towards the top ten

12 Dec This little-known cryptocurrency is heading towards the top ten

Posted at 16:31h in Cryptocurrency News by

[ad_1]

Cosmos (ATOM), a cryptocurrency used in an ecosystem of different blockchains, is slowly sneaking towards the top ten coins by market cap. The price of cosmos gained 7% today to reach $3.92 while bitcoin and the vast majority of other cryptocurrencies see losses of between 1-3%.

Overall, cosmos has been in an uptrend for the past three months—and is currently up more than 26% since September 12, 2019. Meanwhile, bitcoin, ether (ETH) and XRP are down 31%, 20.5% and 13.7% respectively across the same time period.

Its most recent rally is likely attributed to news that Binance users will be able to stake their ATOMs on the Binance staking platform, allowing them to earn a passive income in the form of regular staking rewards.

Staking is a hot topic at the moment and announcements of exchanges and wallets supporting staking of Tezos have caused its price to surge in recent months.

As a result, cosmos continues to make headway towards breaking into the top ten coins by market cap….

[ad_2]

Source link

Tags:
, , , ,