Market Overview
Despite a slowdown in the broader crypto market, several tokens on Uniswap (UNI) continue to perform exceptionally, capturing the attention of investors and traders.
Leading these top performers is METIS, which has witnessed a surge in value, reaching $50 and gaining over 32% in a single day. MIND has also exhibited impressive growth, climbing by approximately 16% to $0.082. BEAM, too, has experienced a notable increase of over 2.4%, reaching a value of $0.10.
These trends underscore the dynamic nature of the cryptocurrency sector, marked by swift fluctuations that present both opportunities and challenges for participants.
Metis (METIS)
Metis is a Layer 2 protocol designed to facilitate the development of decentralized applications. It utilizes the Optimistic Rollup framework and is compatible with the Ethereum Virtual Machine (EVM).
As a Layer 2 scaling solution, Metis enables faster and more cost-effective transactions on the Ethereum network. It boasts a particularly competitive transaction fee of 0.02 cents per transaction, making it the most affordable among Layer 2 solutions.
The current market value of Metis stands at $233 million, with a limited circulating supply of 4.57 million METIS tokens out of a total supply of 10 million.
Mind (MIND)
Mind is a unique programming language that combines graph-based and meta-programming concepts. It provides an intuitive interface for users to create and modify programs through natural language or a drag-and-drop editor.
MIND has experienced remarkable growth, with its token value climbing to $0.082. It has a relatively modest market cap of $6.23 million.
Beam (BEAM)
Beam is a privacy-focused cryptocurrency that utilizes the Mimblewimble and Lelantus protocols. It offers scalable and secure transactions, ensuring the anonymity of users’ personal data.
BEAM has witnessed an uptick of around 2.4% over the past 24 hours. It has a market value of $15 million, making it the 823rd largest cryptocurrency.
Alternative Altcoins to Watch
While investing in low-cap coins carries potential rewards, it is crucial to be aware of their inherent risks. For those seeking short-term gains, participating in crypto presales can be a viable option.
Presales offer investors an opportunity to acquire tokens from emerging crypto projects at lower prices. Historically, early investors in presales have achieved substantial returns.
To assist investors, the team at Cryptonews has compiled a list of promising projects currently undergoing presale: