Category: Blogs

Highlights Tokens, UMA, WAVES, RUNE, ANC & LUNA, were the top 5 gainers in the crypto market. The crypto market once again touched the US$2-trillion mark on 3 March. Cryptocurrencies this week saw good fortunes after being in a bearish phase for the last many weeks. While the likes of Bitcoin, Ethereum performed better than the previous week, they also managed to climb out of the bearish phase and held the rally. Thanks to the present bull run, the crypto market once again touched the US$2-trillion mark on 3 March, which is perhaps a glimmer of hope for the market participants who have been praying for some bright days. The crypto market had first reached the US$2-trillion mark in August last year. Following which, buoyed by a bull run four months back, it had even touched the US$3 trillion mark in November. But the recent rebound, which started after the US and EU decided to impose strong sanctions against Russia for attacking Ukraine, has spurred several other tokens to rise. Let’s look at five Top-100 crypto gainers of the week who made the biggest splash in the market. UMA (UMA) Launched in 2018, the UMA crypto is primarily a permissionless protocol that allows users to create and trade digitised derivatives. As a secure platform, UMA due to its smart contracts feature ensures that it is not manipulated. The UMA protocol reduces costs with minimal on-chain transactions. https://kalkinemedia.com/uk/news/cryptocurrency/uma-waves-terra-thorchain-anchor-top-performing-crypto-this-week