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Which cryptocurrencies were able to update the highs last Tuesday

January 20, 2021
6:29 AM

The renewal of Ethereum’s all-time high after three years of trading below $ 1,400 and falling to $ 90 last March was a welcome development that finally materialized on Tuesday. Nevertheless, as analysts predicted, more than one air rushed to new record levels. Below is a list of 10 cryptocurrencies and tokens that hit their all-time highs yesterday.

Ethereum (ETH) – Market place: 2 – New maximum: $ 1,438 – Monthly growth: 112% – The brainchild of Vitalik Buterin, the original and most popular smart contract platform today.

Binance Coin (BNB) – Market position: 11 – New high: $ 47.21 – Monthly growth: 29% – Binance cryptocurrency exchange’s own token, the undisputed leader in terms of trading volumes in the cryptocurrency space.

Aave (AAVE) – Market place: 17 – New maximum: $ 209 – Monthly growth: 116% – DeFi-protocol, which allows receiving and lending cryptocurrency assets.

Huobi Token (HT) – Market position: 40 – New high: $ 6.32 – Monthly growth: 36% – Own token of the cryptocurrency exchange Huobi, one of the largest in terms of trading volume in the world.

FTX Token (FTT) – Market position: 44 – New high: $ 11.27 – Monthly growth: 116% – Proprietary token of the fast-growing cryptocurrency exchange FTX with a focus on derivatives trading and access to securities of the largest technology companies.

THORChain (RUNE) – Market position: 68 – New high: $ 2.20 – Monthly growth: 90% – Decentralized liquidity protocol allowing instant exchange of assets at prices resistant to manipulation.

Injective Protocol (INJ) – Market position: 126 – New high: $ 11.20 – Monthly growth: 212% – Decentralized exchange based on a second-tier network for trading derivatives and selling other DeFi services.

Alpha Finance (ALPHA) – Market space: 140 – New high: $ 0.649 – Monthly growth: 168% – DeFi platform with support for cross-chain compatibility, lending and other financial services.

LTO Network (LTO) – Market place: 196 – New maximum: $ 0.273 – Monthly growth: 134% – Hybrid blockchain platform with support for a variety of services such as “Business-to-Business”.

TrueFi (TRU) – Market position: 257 – New high: $ 0.356 – Monthly growth: 106% – Protocol for creating high yield interest pools targeting liquidity providers.

All of these cryptocurrencies and tokens are available for trading on Binance, Huobi, or FTX.

Donald Westbrook

Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.