Catching up with all the happenings in the market can be a chore. There are so many things occurring at the same time and it is easy to get overwhelmed. However, for readers who need the details, this article is a great start.
We give an overview of various tokens that are trending and register some changes recently. Ethereum (ETH), Polkadot (DOT) and Litecoin (LTC) all feature in our analysis. We also discuss the token with the most buzz at the moment, Fezoo (FEZ).
Ethereum (ETH) Post-Dencun Upgrade
The Dencun upgrade is actually two separate updates to the Ethereum (ETH) blockchain – Deneb and Cancun. It was meant to improve the scalability and drive down fees for using Ethereum (ETH). At the time, it was celebrated as a move in the right direction especially since high fees have been a problem on Ethereum (ETH) for a long time.
Ethereum (ETH) hasn’t performed as well since then but that isn’t because of the upgrade. Instead, the market suffered a bad hit, with Ethereum (ETH) seeing some of the biggest losses. Ethereum (ETH) is down to around $3.3K as of press time.
Polkadot (DOT) Back to $10
Things were going well for Polkadot (DOT) before the market fell. Polkadot (DOT) was up to $11 and chasing the $14 position with expectations that it would cross it by the end of the month. The path to that is longer now as Polkadot (DOT) falls to $8.88. It has declined by over 12.64% compared to seven days ago.
Litecoin (LTC) Continues Failing
Another token that was expected to progress well was Litecoin (LTC). It had been charging down the monumental $100 position but the market fall interrupted its progress. It may have even reversed it as Litecoin (LTC) is now declining rapidly. Litecoin (LTC) went down to $78.57 at the time of writing. It has reduced by 19.40% in the last week. It could be a struggle to pick up any momentum, assuming it doesn’t continue to drop.
Decentralised Exchange, Fezoo (FEZ) Trending
A new crypto exchange, Fezoo (FEZ) is popping into the news now. Many investors appear curious about the project while observers seem impressed with it. But what exactly is Fezoo (FEZ)?
Fezoo (FEZ) is a decentralised P2P crypto exchange. It runs with a fully decentralised model and has the best experience of any exchange right now. Unlike platforms like Kucoin and Binance, users are in full control of their funds on Fezoo (FEZ). It also offers rewards for investing and more trading brings more rewards.
Fezoo (FEZ) is in presale, selling for $0.013 per unit. This is the best time to get the token and the lowest price it will ever be. It also allows investors of various financial standings to buy the token. The future seems connected to Fezoo (FEZ) and so are smart investors.
Find out more about the Fezoo Coin (FEZ) presale by visiting the website here.
Disclaimer
This article is a paid publication and does not have journalistic/ editorial involvement of CoinGape. CoinGape does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein. Do your market research before taking any actions . The author or the publication does not hold any responsibility for your personal financial loss.
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