Prime 3 Cash to Watch April 5 – April 11, 2021

| George Kingslay

The highest 3 cash to look at

As we transfer into Q2, plenty of cryptocurrency tasks are shifting forward with continued growth, and this week’s selections are set to learn from important updates and bulletins that ought to strengthen their market positions and profit their communities. The information also needs to end in elevated quantities of consideration to every respective foreign money over the approaching weeks.   

1. Enjin Coin (ENJ)  

Enjin Coin (ENJ) is a crypto token that’s designed for social gaming. The ERC20 token permits digital items to be traded on the blockchain by way of good contracts, and in addition permits for the buying and selling of Non-Fungible Tokens (NFTs).

JumpNet Launching on April 06     

JumpNet is a high-speed bridge community launching on April 06 that can facilitate free, swift, and safe on-chain transactions of ENJ and ERC-1155 tokens. The community will see Enjin Coin proceed to enhance its NFT compatibility and performance and extra releases will see the launch of two-way bridges between JumpNet, Ethereum, third-party chains, and Efinity a specialised decentralized blockchain for NFTs. JumpNet will facilitate fast and simple minting, buying and selling, and sending of NFTs and the Enjin workforce have additionally introduced that the launch will likely be accompanied by the favored GameTalkTalk becoming a member of the Enjin ecosystem, and you’ll learn extra about JumpNet right here. 

2. Ecomi (OMI) 

ECOMI’s mission is to create the world’s finest platform to buy, defend and acquire premium licensed digital collectibles utilizing Distributed Ledger Know-how.

Mermicorno and DeLorean Collectible Releases This Week 

Ecomi is one other rising NFT/gaming collectibles platform and the workforce have introduced that tokidoki’s Mermicorno Collection 1 set of digital collectibles will likely be launched on the VeVe App on April 6 at 20:00 PST. The distinctive Unicorn styled characters will likely be out there on each the iOS and Android model of the VeVe apps, and the launch will likely be adopted by the discharge of the DeLorean collectibles on April 8. As we’ve seen, distinctive digital collectibles within the type of NFTs are proving to be very fashionable with creations being snapped up in a short time, and you will discover out extra in regards to the Mermicorno Collection 1 set of distinctive digital characters right here. 

3. Prosper (PROS) 

Prosper is a cross-chain prediction market platform that’s utilizing the on-chain liquidity aggregation know-how and ChainLink oracles to supply essentially the most correct value feeds.

PROS Liquidity Mining Launches on April 8   

The prediction market platform will launch its liquidity mining marketing campaign on April 8 with 410,400 PROS tokens being allotted to liquidity miners. Customers can select 14, 30, or 45 day lockup durations, with rewards being distributed hourly with a seven day vesting interval and the full reward pool of 410,400 PROS breaks down right into a each day reward pool of 9,120 PROS, and an hourly reward pool of 380 PROS. The liquidity mining marketing campaign will run alongside the present staking marketing campaign involving 291,600 PROS tokens, which means that roughly $2m value of PROS  will likely be distributed by way of liquidity swimming pools, making up an general staking marketing campaign of 702,000 PROS tokens value round $3.5m. You’ll be able to learn extra in regards to the mining marketing campaign right here. 

How did the cash carry out final week?  

The seven-day interval typically led to constructive outcomes throughout the market, which was mirrored in two of the final week’s prime cash to look at. TrustSwap elevated by 7%, whereas UniLend declined by 25%. Horizen was the perfect performer because of beneficial properties of about 13%. Over the course of the week, the full cryptocurrency market cap moved from $1.76T to $1.89T (+7.16%).

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