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If you're looking to buy crypto during the current market crash, below are three cryptocurrencies making huge gains today.
While Bitcoin is down 13% in price today, cryptocurrencies like EverGrow Coin are up over 24%. Others like Aventus are up nearly 100% in price, while PKT is up 27%.
There are many altcoins making huge gains in crypto today – but not all of them have an existing investor base or sizable daily trading volume, making them highly speculative. In this article, we stick to tokens either with a trading volume over $500,000 or in the top 500 tokens on CoinMarketCap.
EverGrow Coin has gained 24% in price today, making it one of the fastest-growing tokens around.
The EverGrow Coin trading volume is also up nearly 60% compared with yesterday as investors switch from riskier assets. The EverGrow Coin model is built around stablecoin rewards paid daily to digital wallets holding the EGC token.
From a 14% transaction tax, 8% is redistributed to EverGrow Coin holders in the Binance-pegged USD stablecoin. Since launching in September last year more than $37 million has been paid to investors.
The difference between EverGrow Coin and other passive income crypto projects is scalability. A transaction tax means EverGrow Coin can finance BUSD rewards every day – even during a bear market – as both buys and sells are taxed at 14%.
A further 2% of the EverGrow Coin tax goes towards buyback & burn with 53% of the EGC supply removed from circulation to date.
The strong core utility of EverGrow Coin makes it a good altcoin to consider if you're wanting to buy crypto during the current crash.
The PKT token is up over 28% in price today.
PKT is trading at a price of $0.005192 – one of its highest prices since launching in March of this year.
PKT incentives years to scale bandwidth infrastructure worldwide. The PKT Network is a high-speed and robust system that lowers the cost of accessing the Internet via mesh networking.
PKT aims to become the world's largest Internet service provider (ISP) owned and operated by the people who use it and earn from it.
While it appears impossible in the current crypto crash, some cryptocurrencies are up 100% in price.
The Aventus token (AVT) is currently up 93% from yesterday with a trading price of $2.25. The current Aventus price equals crypto prices before the Terra Luna collapse in May. Aventus is also trending as one of the top crypto gainers on CoinMarketCap.
Aventus builds a blockchain solution on top of Ethereum to ensure lower costs and faster processing speeds. The average transaction cost is just $0.01 (paid in AVT) and will continue to decrease over time. Meanwhile, Ethereum transaction costs can be upwards of $30.
The Aventus Network also claims to be able to process 2,000 transactions per second – more than 133 times faster than Ethereum.
If you're looking to ride the wave of huge altcoin gains today, Aventus could be good crypto to buy.
Crypto prices are volatile at the best of times – and even more so during a wider market crash.
If you're looking to buy crypto in June 2022, always do your research in advance. It's safer to choose a project you believe has the potential to continue growing for years to come, rather than a currently fast-growing project you want to make a quick return on.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
