• 17 July, 2024
News

Top 15 Most Active Cryptocurrency As Per LunarCrush Galaxy Score; Find Out Here

LuanrCrush Galaxy Score, a proprietary score pulled up a list of the most active 15 projects

The cryptocurrency market trades on a higher note since January 2023 after being dominated by the bears across 2022. However, in February the momentum of gains slows down with few price corrections. It is time to analyze and evaluate how digital assets performed with combined community metrics.

LunarCrash is a proprietary score that measures a cryptocurrency against itself with respect to community metrics. A total of four parameters are combined Price Score, Social Sentiment, Social Impact, and Correlation Rank. 

A higher ranking in the list indicates the specific crypto network/asset is performing well under the specified metrics.

VET: VeChain

Source: Trading view

After a successful run in January, the Vechain prices continue to rise due to the whale activity going over VET tokens. The token tested the high of $0.0326 on Monday. The price gained more than 20% in the previous week and an appreciation of nearly 42% in January. 

UNFI

Source: Trading view

UNF, an Ethereum-based token that empowers the Unifi protocol, is a platform for creating cross-chain DeFi. Since its launch in 2022, the coin remained sidelined after reaching a high of $26.87 in July 2022. After falling to its lowest value in November 2022, the coin picked up momentum and appreciated more than 150%.

Aptos

Source: Trading view

In the recent development, Aptos foundation has ventured with web-3 focused investment firm Outlier Ventures to launch Aptos X Outlier Move Accelerator. However, the price failed to capitalize on the news, and remain pressured below the 21-day Exponential Moving Average (EMA) on the daily chart.

However, the pioneer cryptocurrency Bitcoin bagged the 8th slot in the list.

Crypto Under Scrutiny: Major Institutions Issue Warnings on Market Volatility Read Previous

Crypto Under Scrutiny: Major Institutions Issue Warnings on Market Volatility

Edge Crypto Wallet Hacked: 2,000 Private Keys Stolen in Security Breach Read Next

Edge Crypto Wallet Hacked: 2,000 Private Keys Stolen in Security Breach