Market Analysis Report (25 Feb 2022)

Several tokens are leading the charge in the last 7-day period. Some of these are well-known cryptocurrencies with more liquid trading pairs, so we’ll be focusing on these over low-cap cryptos that may have higher percentage changes.

Decentraland (MANA) – Decentraland is a virtual reality platform powered by the Ethereum blockchain. Users can create, experience, and monetize content and applications. Land in Decentraland is permanently owned by the community, giving them full control over their creations. Users claim ownership of virtual land on a blockchain-based ledger of parcels. Landowners control what content is published to their portion of land, which is identified by a set of cartesian coordinates (x,y).

Keep Network (KEEP) – Keep is an incentivized network for storing and encrypting private data on the public blockchain. The network is made of off-chain containers for private data known as keeps, while the KEEP work token enables it to be completely permissionless. With Keep, developers can finally build fully decentralized apps. Visit Keep to learn more and stake, and tBTC to see its power in action.

IDEX (IDEX) – IDEX is bringing its DEX to multiple high-performance blockchains. IDEX is currently available on Ethereum and Binance Smart Chain, with Polkadot and others to follow. Bridging the IDEX token to each blockchain enables stakers to secure IDEX’s L2 on all networks. In return, stakers earn 50% of the trading fees on all IDEX products.

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