A group of promising altcoins are starting the new year managing to break away from Bitcoin side trading (BTC) and printing more than 75% bullish.
Thus, Frax Share (FXS), which is the governance token for the Frax stablecoin protocol, is one of those cryptocurrencies that surprised the market and already printed a strong increase in the year.
Therefore, within the protocol the FXS is used to accumulate fees, revenues and excess guarantee value and in just 24 hours the token had risen by more than 16%.
Thus, another cryptocurrency that surprised the market and showed a strong increase was Tomb Shares (TSHARE), which is linked to the intelligent contract platform Fantom (FTM).
The project aims to serve as “a mirrored liquid asset that can be moved and traded without restrictions, while benefiting from the appreciation of the price of the native FTM token”.
So the price of TSHARE soared from $14,000 to $24,000, and at the time of writing the cryptoactive is quoted at $20,381.33.
So the decentralized exchange Dopex (DPX) is also making rallies, having jumped from $1,590 to $2,785 in a matter of days.
DPX is the governance token that gives holders voting rights, as well as accrued fees and other forms of revenue. Altcoin rose 7.22% for the day to $2,822.
Thus, also enjoying a good start to 2022 is the PLEX (PLEX), the native of the banking ecosystem token based on criptomoedas MinePlex, combining traditional finance with blockchain technology.
So PLEX saw its price jump from $0.98 to $1.82 in just over four days, for a quick 85% gain.
Calling itself “the token that has absolutely no purpose until that happens,” LIT has more than doubled in value, from $0.002 to $0.005, with gains of around 150% in less than one week.
The privacy-focused smart contract platform Railgun (RAIL) is accelerating, jumping from $1.60 to $4.20, with gains of 162% in just three days.
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