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Top 10 best performing assets at 2023
Recent actions taken by the U.S. Securities and Exchange Commission (SEC) have put the spotlight on crypto regulation, with industry heavyweights sizing up the future of digital assets. Michael Saylor thinks regulatory clarity will benefit Bitcoin, the only crypto excluded from being considered a security by the SEC. And yet despite the crypto industry’s ongoing identity crisis, several digital assets have defied the odds and shown remarkable growth. In some instances, that may be directly related to consumer’s growing annoyance with increasing government and corporate control.
tomi (TOMI) – Price: $5.06, 1-Year Growth: 6,300%
tomi, a project led by eight crypto veterans—four of them still anonymous—has built a surveillance-free alternative to the World Wide Web, governed by a DAO. tomi’s TOMI coin is the currency of its eco. Its impressive 6,300% growth over the past year and a market cap of $200.45 million underscore the progress of tomi’s alternative internet network, tomiNET, fosters community-driven censorship of the more illicit activities that run rampant on the most prominent alternative internet networks today.
Conflux (CFX) – Price: $0.1818, 1-Year Growth: 714%
Tokens of Conflux Network (CFX), an Asia-focused blockchain that has taken on the nickname “Chinese Ethereum,” is a high-performance blockchain platform designed to enable the development of scalable and secure decentralized applications. With a market cap of $526.32 million, Conflux’s impressive growth of 714% showcases its potential to revolutionize the blockchain industry.
TomoChain (TOMO) – Price: $1.4885, 1-Year Growth: 480%
TomoChain is a scalable blockchain platform that aims to provide fast and secure transactions for decentralized applications and token issuance. With a market cap of $150.76 million, TomoChain’s impressive 480% growth reflects its potential to address scalability challenges in the blockchain industry.
Render (RNDR) – Price: $1.9334, 1-Year Growth: 377%
The Render Network connects users looking to perform render jobs with people who have idle GPUs to process the renders. With its significant growth of 377% over the past year and a market cap of $708.18 million, Render is emerging as one of the most disruptive blockchain projects bringing real-world use cases to the industry.
FLOKI (FLOKI) – Price: $0.000021, 1-Year Growth: 169%
Inspired by the popular meme token trend, FLOKI powers the Valhalla Metaverse. With a growth rate of 169% over the past year and a market cap of $198.34 million, FLOKI has gained attention from investors looking for unconventional investment opportunities.
Radiant (RAD) – Price: $0.2531, 1-Year Growth: 7%
Arbitrum-based decentralized finance (DeFi) protocol Radiant focuses on creating an eco for decentralized finance and non-fungible tokens (NFTs). Despite its modest 7% growth over the past year, Radiant’s market cap of $66.97 million makes it an interesting player in the evolving DeFi landscape.
“The Radiant DAO’s mission is to unify the billions in fragmented liquidity across Web3 money markets under one safe, user-friendly, capital-efficient omnichain protocol.”
Injective (INJ) – Price: $5.88, 1-Year Growth: 361%
Injective is a decentralized smart contracts platform optimized for building finance applications. The platform was created using the Cosmos SDK and uniquely provides plug-and-play modules that help developers rapidly build complex protocols focused on areas such as exchanges, options, derivatives, and lending. Injective is already one of the most interoperable networks with native access to Cosmos IBC enabled chains and Ethereum. With a market cap of $470.46 million, Injective’s impressive growth of 361% highlights its potential to disrupt traditional financial markets.
SingularityNET (AGIX) – Price: $0.2030, 1-Year Growth: 336%
SingularityNET is a decentralized platform that aims to bring artificial intelligence (AI) and blockchain together. With its growth of 336% over the past year and a market cap of $247.9 million, SingularityNET is at the forefront of AI development and decentralized networks.
Linear Finance (LINA) – Price: $0.0138, 1-Year Growth: 4%
Linear Finance is a decentralized synthetic asset issuance protocol that enables the creation and trading of ious synthetic assets. Despite its modest 4% growth over the past year, Linear Finance’s market cap of $68.15 million showcases its potential to disrupt traditional financial markets.