ATOM, DeRace and HEX, crypto on the rise
For various reasons, Cosmos (ATOM), DeRace and HEX are enjoying investor interest and crypto prices are rising.
Analysis of crypto assets ATOM, DeRace and HEX
Let’s take a detailed look at news and trends for some interesting cryptocurrencies that have been featured this Monday: Cosmos, DeRace and HEX.
Cosmos (ATOM): the crypto trend compared to DeRace and HEX
The celestial crypto is up 1.04% since yesterday, a remarkable rally considering the token has been almost flat for the past week.
As of today, ATOM’s price is €11.09, far from the €41.70 all time high.
ATOM does not stand by the window and introduces some new features, among them the V9 Lambda update of Cosmos.
The upgrade is also called Replicated Security, as the name explains, it will provide the level of security Cosmos achieves to other chains as well.
The upgrade will provide an improvement in security for chains using Cosmos and cost savings for users who have ATOM.
On Twitter, the upgrade is praised by the community as very important in terms of efficiency and as a carrier of value for the token.
By increasing its appeal, Cosmos builds user loyalty and attracts more users with subsequent spillovers (hopefully) to the value of the crypto.
From the beginning of the year to date, ATOM has grown almost 50%.
DeRace (DERC)
The horse racing token launched IDO in July two years ago, and after an exponential increase of 812%, it was back on its feet and normalized in value.
The all-time high was reached on November 25 at $8.16 to coincide with the launch of the dedicated NFTs that blew up the game.
DeRace involves breeding NFT horses and increasing their value through competitions to trade them for profit or keep them by keeping them.
The prizes are paid out in tokens, namely DERC.
The game consists of different levels according to difficulty and is called “Horse Tickets.”
The levels in order of difficulty are Olympic, Semidian, Alpha, Beta and Omega.
This game has very smooth graphics and it is fresh news that it will also undergo an update soon.
The starting price of an NFT horse ticket on Binance is $1,800, but the earnings are significant for each race.
The DeRace app is also being developed to reach mass adoption and as a result value and new investments will come in.
After a bad week, the value of DERC reached €0.22 and rose by 5.55%.
As of today, there are 91,380,000 DERC in circulation.
Hex (HEX)
HEX is booming and its price rose 17.37% in the last week to reach €0.08.
With 173,411,074,413,065 HEX in circulation to date, the crypto does not appear to be that volatile compared to other crypto assets.
What is special about HEX is that it is the first certificate of deposit (CD) created on a blockchain, in fact the first crypto to exploit the typical tool of classical finance.
On HEX’s website, it is deduced that a premium is paid on the interest depending on the duration of the bond placed independently on the deposit certificate.
The duration can vary over a time frame placed between one working day and a maximum of 5,555 days.
