Some crypto traders have put forth the idea that June 29th might have been the beginning of the 2018 Bitcoin (BTC) bull run. This is because the King of Crypto lept from levels of $5,800 to $6,400 in a time-span of less than 12 hours. BTC spiked once again on the 2nd of July from the levels of $6,300 to those around $6,600. The King of Crypto is currently trading at $6,701 and up 2.55% in 24 hours at the moment of writing this.
With a healthy and stable Bitcoin, comes a correspondingly responsive and healthy crypto market. Scrolling down coinmarketcap.com yields the observation of a few coins and tokens doing double digit gains as shall be elaborated below.
Ox (ZRX) is currently trading at $1.01 and up 12.36% in the last 24 hours. The Ox project promises an open, permissionless protocol that will allow for the trading of ERC20 tokens on the Ethereum blockchain. The project hinges on the fact that the future economy will be tokenized to some degree.
BitShares (BTS) is also sharing in the glory of a healthy market. The coin is currently trading at $0.17 and up 11% in the last 24 hours. The BitShares platform offers a stack of financial services including an exchange and banking on a blockchain.
Ethos (ETHOS) is another token doing double digit gains. The token is currently valued at $2.18 and up 32.74% in the last 24 hours. The Ethos wallet allows users to store, track, learn send and receive digital assets in one convenient place. There are plans of creating a cold wallet that would be fully integrated to the mobile wallet.
Another coin doing double digit gains is Electroneum (ETN) which is currently valued at $0.015 and up 18.46% in the last 24 hours. The project aims at allowing smartphone users to enter the digital market in an easier and efficient manner. The Electroneum app can provide mining services as well as instant payments that will be available by the end of the year.
Neo’s Gas (GAS) is also in the league of double digit gainers. The token is currently valued at $15.13 and up 20.24% in the last 24 hours. The Gas tokens are generated on the NEO network to pay for transactions on it. The inflation of Gas tokens is controlled by a decaying half life algorithm that will release 100 million GAS over approximately 22 years.
So there you have it ladies and gents. These 5 cryptocurrencies showcase the tokens and coins doing double digit gains in the top 100 ranking on coinmarketcap.com.