3 Altcoins To Keep Tabs On — ENQ, XRP, XHV | KuCoin Weekly Review Issue #16
All eyes were on KCS once again this week, which hit $20 on Saturday. If that wasn’t good enough, Bitcoin also enjoyed a great week. BTC once again broke past $60,000 with a high of $61,350. And then there is ETH with a new all time high of $2,198. In fact, the whole crypto market has reason to celebrate, with the total cryptocurrency market cap topping $2 trillion for the very first time.
Of course, these big players are just part of the picture. Altcoins such as these three we’re speaking about today on the KuCoin blog have also seen their share of the growth.
Enecuum is building the first blockchain to unite millions of mobiles around the world into a single network, with the purpose of creating a blockchain mobile network for decentralized application. Each mobile device can become a miner, strengthening Enecuum. The ENQ token is the utility token that allows holders to publish smart contracts, transactions and more on the network.
After reaching an all time high this week, ENQ has been enjoying a great week. ENEX, the first of its kind AMM DEX powered by Enecuum Network, has been gaining steam. Not only is the DeFi platform holding its private sale in ENQ, it also announced news of a slew of private round sale participants, reflecting the promise of the Enecuum-based platform. It is also worth mentioning its mobile-focused and user-friendly design, which means it is much more accessible for a wider audience. All in all, ENQ achieved a 360.6% 7-day ROI.
Trade ENQ and 200+ other altcoins on KuCoin.
RippleNet is a payment platform that enables instant monetary transactions globally. It offers a speedy, more cost efficient and scalable alternative to both other digital assets and existing monetary payment platforms. The XRP token runs on this platform, providing the means for sourcing liquidity in cross-border transactions.
XRP made headlines this week thanks to news regarding its recent lawsuits being released. The SEC case made promising progress in favor of Ripple, removing the shackles that have hampered its growth over the last few months. In addition to this update, analysts are feeling bullish about XRP after looking at the patterns in the price charts. Together, these have helped XRP achieve a 113.4% 7-day ROI.
Trade XRP and 200+ other altcoins on KuCoin.
Haven is building an ecosystem of untraceable assets that forgo the need for without the need for any banks or third party intermediaries, thanks to its Monero-based design. The wider Haven ecosystem enables users to store, convert and transact in a variety of stable synthetic assets. The XHV token is the base currency of the project. These can be burnt to provide users with private, untraceable, synthetic assets and commodities called xAssets.
Excitement was brewing this week for Haven due to the upcoming launch of a new asset structure and private assets xEUR, xCNY, xAU (Gold), and xAG (Silver). This marks a major stepping stone on its roadmap, leading to growing interest in the project. This, along with promise of further major updates down the line, have enabled XHV to achieve a 69.3% 7-day ROI.
Trade XHV and 200+ other altcoins on KuCoin.
Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin is not liable for investment gains or losses.
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