The current bear market does not necessarily mean that there is too much pressure on the market with exciting price action, on the contrary. Most of the coins are treading water or falling slightly – with the exception of a handful of assets that are still managing to make decent gains at the moment. top cryptocurrencies today: Polygon (MATIC), Uniswap (UNI) and Synthetix Coin (SNX). They all have an increase of two digits, and Polygon may be due to its high – profile partnership with entertainment giant Disney. Ethereum also delights its investors today with a price increase, but it cannot hold a candle to the top gainers with a 3.6% increase.
Polygon (MATIC): + 23%
Ahead of the day in terms of daily gains is Ethereum Polygon Tier 2 (MATIC) scaling solution: Sudden purchase pressure lifted the asset from yesterday’s low of $ 0.53 to $ 0.6516 in one hour – an increase of 22.9% in one day.
Bullish for Polygon: The cryptocurrency becomes part of Disney’s “Accelerator Program”. This deals with the development and dissemination of NFTs, augmented reality and artificial intelligence. Exceptionally: Polygon (MATIC) is the only blockchain chosen by Giga Corporation Disney!
The euphoric developers:
“🚨Enter the #GreenBlockchainSummit for an important message!
We are excited to be the only blockchain chosen to be part of the Disney Accelerator program. 🎉👇“
🚨 Interfering with the #GreenBlockchain Summit for some breaking news!
We are excited to be the only blockchain chosen to be part of the Disney Accelerator program. 🎉👇 https://t.co/LaGU4bhidi
– Polygon – MATIC 💚 (@ 0xPolwg) July 13, 2022
Bonnie Rosen, General Manager of the Disney Accelerator Program, said:
“For nearly a century, Disney has been at the forefront of using technology to create the entertainment experiences of the future.”
The Disney Accelerator is thrilled to be a part of this legacy, We look forward to “advancing our commitment to innovation and continuing to deliver magical experiences to Disney audiences and guests for the next 100 years.”
It will be interesting to see if the MATIC course cools down after the news fades or completes the second stage.
Uniswap (UNI): + 18%
UNI, a token of Uniswap’s decentralized crypto exchange, has also risen to double digits today, with bulls taking the asset from $ 5.32 to $ 6.3176, marked gains of more than 18%.
Recent developments in the Uniswap ecosystem: Celo is now available in the Uniswap interface, following Ethereum, Optimism, Arbitrum and Polygon. That said, Grayscale digital asset manager has removed UNI and four other coins from its large Digital Cap Fund without replacement.
Weiss Crypto analyst comment:
“This is an interesting measure at Grayscale and it will be interesting to see how it affects the performance of the fund.”
1 / By the end of Q2, Grayscale won 5 altcoins ( $ BCH, $ LINK, $ LTC, $ DOTand $ UNI) from its Large Digital Cap Fund. It will not replace any. This is an interesting move at Grayscale, and it will be interesting to see how it affects the performance of the fund.
– Weiss Crypto (@WeissCrypto) July 13, 2022
However, this could be back as well – that is, for example, when the altcoins deducted exceed those left in the fund. Weiss Crypto concludes:
“Only time will tell how this plays out.”
Bonn Synthetix (SNX): + 19%
The DeFi Synthetix Coin (SNX) protocol completes our list of the best cryptocurrencies today. The coin was trading at $ 2.24 at the same time yesterday, then rose to $ 2.688 (+ 19%) overnight.
Bullish for Synthetix: In a few weeks, the Polynomial Vaults will go for live basic trading using Synthetix synths. Analysts expect therefore a significant increase in the volume of trades for Synthetix – and possibly price jumps that go with it.
Are you looking for 🔍 for base trading on @synthetix_io?
The long wait is over!
– Miscellaneous Protocol (@PolynomialFi) July 8, 2022
Coincierge.de tip: Battle Infinity (IBAT) pre-sale – the killing of “Axie Infinity”
Investors looking for pledge coins in the bear market could check out the new Infinity Battle (IBAT) cryptocurrency. The project aims Eliminating blockchain gaming sees Axie Infinity (AXS) as the killer of “Axie Infinity” – and is developing a complex and comprehensive NFT gaming ecosystem for this purpose.
Not only does this consist of a number of games with blockchain and NFT functionality, but there are also houses for example, NFT market, decentralized crypto exchange and promising lucrative functions. In short: One of the big surprise hits of crypto of 2022 could be here. Battle Infinity (IBAT) is also currently in pre-sale, so it can be purchased at a starting price.
Last updated on July 14, 2022
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