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Ethereum Rivals Soar
Description
As the global market cap starts to rise and apex tokens Bitcoin and Ethereum struggle to find a foothold, Ethereum rivals are gaining quickly. The Internet Computer token, which was designed for a cloud-computing project built by DFINITY, has jumped over 34% in the past 7 days. The platform bills itself as a general-purpose blockchain for Web 3.0 decentralized apps—the 3rd major blockchain innovation outside of Bitcoin and Ethereum. Previously, it reached an all-time high of just over $750 in May. Currently, ICP is trading at just over $34. Chainlink, a project that allows blockchains to interact with external data feeds with a total value secured of $75 billion, is up 31% over the past 7 days after previously reaching an all-time high near $53 in May. Chainlink also announced that it’s sent proposals to the Network Nervous Systems for hosted dApps and services that will completely decentralize. Currently, Chainlink is trading at just under $27.
Keywords & Tags
#crypto
#cryptocurrency
#nft
#non-fungible token
#finance
#ethereum
#inflation
#business
#crypto news
#blockchain
#tech
#chainlink
#altcoins
#economic recovery
#digital asset
#crypto broker
#crypto mining
#ICP
#economic growth
#virtual currency
#tokens
#rivals
#economic outlook
#apex tokens
#market share
#Apex Currencies
#Internet Computer token
#cloud-computing project
#DFINITY
#decentralized apps
#data feeds
#Network Nervous Systems
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