Hi, Insight Readers. To start the second half of the year, prices of cryptocurrencies displayed minimal progress and an outflow motion of funds. As the month’s trading volumes slumped 40% at major cryptocurrency exchanges.
Bitcoin fell more than 6% last June. And as far as direction and sentiment is concerned, BTC has a strong influence on price movements of altcoins.
Fortunately, there are Proof-of-Stake coins which particularly advanced during the 30-day period.
The leading project is a blockchain ecosystem that has 3 major functionalities -a cryptocurrency, a token launch platform, and a decentralized exchange- Waves. The network utilizes stakers to keep the blockchain secure.
Although there is a required 1,000 WAVES to run a full staking node, you can still participate by depositing your WAVES in a staking pool, like MyCointainer, and receive shared rewards.
Waves (WAVES), Navcoin (NAV) and Kava.io (KAVA) are the Top 3 coins that garnered the highest earnings of the month. WAVES gained +23.98%, NAV had +23.21%, and lastly KAVA held +18.69%.
The Top 10 composed of mixed greens with percentile between +23% and +1%, while the reds fell mid -1% and -6%.
Neutrino USD (USDN) maintained a positive position in the Top 10 for 2 consecutive months.
List of top 10 interest earning assets that are available on MyCointainer Platform can be found below:
Top 10 Performing Interest Earning Coins this month:
- Waves (WAVES) + 23.98 %
- Navcoin (NAV) + 23.21 %
- Kava.io (KAVA) + 18.69 %
- Neutrino USD (USDN) + 16.73 %
- Solana (SOL) + 14.75 %
- Stratis (STRAX) + 12.89 %
- FYDcoin (FYD) + 0.51 %
- Algorand (ALGO) - 0.20 %
- TomoChain (TOMO) - 1.52 %
- Crypto.com Coin (CRO) - 6.29 %
Interest earned on those 10 top crypto assets this month:
- Waves (WAVES) + 0.03 WAVES
- Navcoin (NAV) + 4 NAV
- Kava.io (KAVA) + 0.048 KAVA
- Neutrino USD (USDN) + 1 USDN
- Solana (SOL) + 0.025 SOL
- Stratis (STRAX) + 0.052 STRAX
- FYDcoin (FYD) + 746 FYD
- Algorand (ALGO) + 0.46 ALGO
- TomoChain (TOMO) + 0.72 TOMO
- Crypto.com Coin (CRO) + 0.45 CRO
One of the most promising projects in the crypto-verse was voted as the community coin for the month of July, meaning no staking fees to all holders of MATIC. 100% rewards on Polygon.
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Happy staking everyone.
