The digital currencies with the fast growth for the last week are Conflux (366.56%); Stacks (108.78%); Ankr (70.63%); Filecoin (65.69%); Neo (57.57%); Klaytn (51.81%).
Those numbers stand for the change in value; price fluctuations are not taken into account in this case. And the currencies themselves are unstable; therefore, risks of investing are high. To avoid big losses, the number of investments should equal the size of a coin.
Cryptocurrencies with the most potential
Each existing fastest growing crypto coin offers one or two unique features that append them more capacity. Cryptocurrencies with the most potential arise with an increase in value, exchange rate, and stability over the past seven days. The price and dynamics are not included in the characteristics due to hourly modification. To stay notified and upgraded about everything going on in the crypto world, make sure you check Godex.io for these and other purposes.
The top three fastest-rising e-currencies besides Bitcoin (BTC) with the potential are:
Ethereum (ETH)
The second-largest cryptocurrency by market capitalization after Bitcoin. It is a decentralized platform that enables the creation of smart contracts and decentralized applications (DApps). Its native token, Ether (ETH), is used as a means of payment for transactions on the Ethereum network.
Binance Coin (BNB)
The native crypto of the Binance exchange, one of the major crypto exchanges in the world. Binance Coin serves as payment for trading fees on the exchange, and users can also use it to purchase goods and services from merchants who accept it.
Solana (SOL)
This is a blockchain platform that aims to provide fast, secure, and low-cost transactions for decentralized apps. It uses a proof-of-stake consensus algorithm and has a unique architecture that can process up to 65,000 transactions per second. Solana has gained popularity for its fast and cheap transactions, and it supports a growing number of decentralized finance (DeFi) applications.
The most profitable cryptocurrencies
There indeed are another world's fastest growing cryptocurrencies but not that huge yet. And their low cost makes them affordable for investors with any wallet. You can also check the list out on Godex.io:
- Dogecoin (DOGE). The meme coin brought its owners a serious ROI of 15205.56%. It only took DOGE a month to skyrocket from $0.05 to almost $0.7. Dogecoin has declined in value since its all-time high, but the coin that is in the top 10 cryptocurrencies could repeat its incredible rise again.
- The Sandbox (SAND). Although the crypto asset is quite young, it has already given its owners an ROI of 8955.88%. In just over a month, SAND was able to go from $0.7 to $7.53, making its investors delighted. The utility token is expected to set new records as the metaverse idea promoted and developed by The Sandbox project gains popularity.
- Shiba Inu (SHIB). Another meme coin has become one of the most successful crypto assets, earning its investors an ROI of 815013.03%. There is fierce competition between DOGE and SHIBA, and this always results in the value of both projects skyrocketing.
Cryptocurrencies with maximum growth
The concept of digital currencies with limitless growth is an occasional phenomenon. The exchange rate within a week is all that counts; no small volatilities or fluctuations are taken into consideration.
Godex.io does its best to come up with as much information as possible but here are the two cryptocurrencies out of the whole list to cut it short:
- Monero (XMR)
- Stellar (XLM)
Fastest growing cryptocurrency today
Over the past few weeks, Chinese coins including NEO, Conflux, Filecoin, VeChain, and Qtum have rallied, bringing their holders 76.45%, 26.54%, 29.50% and 310.15% in profits. It is believed that this trend will continue. However, for now, reliable and proven Bitcoin is also showing an uptrend. Reasons why Bitcoin remains the fastest growing crypto:
- It operates easily. The perfect analogy for Bitcoin would be Email: both function almost similarly. To replace digital money, a user must install a bitcoin wallet on any desired device and generate the first bitcoin address. Once the address is disclosed to friends, a user gets paid. There can be more than one address too, but each should be utilized only once.
- Safety. All BTC deals are recorded by blockchain. The coin’s wallets that belong to customers keep data about them hidden via a private key or seed. Personal keys are needed for signing transactions.
- Fees of 2%-3% when sending funds through credit cards or PayPal, and others.
