Not all cryptos are feeling weak this week. Here’re three that are bringing it today:
1. Revain: The Ethereum-based online review platform token soared 12% today. Founded in 2018, the unique blockchain-based review platform is known for reviewing projects, exchanges, wallets, games, casinos, mining pools, and cards.
Recently, the platform started Spirit of Victory competitions, where contestants were asked to guess company logos and other fun facts. The competition gained attention on Twitter and Telegram, and could be the reason behind the current surge. Moreover, the platform now allows authors to write reviews without any limit.
$REV saw its peak three weeks ago when it reached $0.00494516. Today, the crypto traded at $0.00731384
2. Anchor Protocol: Anchor Protocol, a golden child of the Terra blockchain, booked double-digit gains after the Luna Foundation Guard (LFG) announced plans to add $450 million to Terra DeFi’s Anchor Protocol revenue reserve. It is believed that this new funding will help the lending protocol continue offering its ultra-high interest rate for the year. As of this writing, UST staked on Anchor was fetching 19.5% APY.
Since December, yield reserves have dropped more than 80% as a result of a lack of borrowing. It is now expected that the DeFi protocol will be back on its feet with the help of the Luna Foundation. The news caused the native token $ANC.X to increase by 13%, trading at $2.09.
3. Chainbing: Crypto Twitter exploded with speculation today… is Chainbing a legit project? The reason behind the question is its insane surge. The platform’s native token ($CBG) experienced an 18% increase today and a rise of 1229% in the past seven days.
The current surge could be a result of the platform airdropping some tokens and offering 5000 USDT to users after completing various tasks.
Chainbing, which claims to store, analyze, and share data on the blockchain to provide users with fast/accurate information, has recently been activated on Twitter with 70 tweets to date. Exercise caution with this one. You can read about it on its website here.