According to the 2021 report Geography of cryptocurrencies by the American consultancy Chainalysis, Argentina ranks tenth in the world in the ranking of the countries that use cryptocurrencies the most.
In this context, digital currencies have taken a solid place in the local market and more and more Argentines are beginning to be interested in this type of investment and its high return.
Currently, Bitcoin, Ethereum and stable digital currencies – known in Argentine jargon as crypto dollars because their value is constant and they always cost US $ 1- are the most popular in the country.
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Nevertheless, There are other cryptocurrencies in the ecosystem that are growing disproportionately and give returns of up to 200% a day.
Along these lines, the five cases that stood out in recent hours are Bifrost (BFC); Social Rocket (ROCKS); Multicoin (MTCN); PolkaMonster (PKMON); and Beefy Finance (BIFI).
Here’s what each one is about and how much they go up per day.
The 5 cryptocurrencies that grew the most in the last 24 hours
It is a cryptocurrency that allows developers create decentralized applications over multiple blockchain protocols. In other words, BFC works like a connector between several blockchains.
In the last 24 hours, its price rose 200.5% and its price is around US $ 0.6. Currently, the circulating supply of BFC is 844,425,953 and the maximum supply is not available at this time.
To acquire it, you must enter the application Uniswap and from there it is possible to market it.
2. Social Rocket
Cryptocurrency ROCKS grew 123.7% in the last 24 hours and its price is around US $ 0.2023.
In short, it is a cryptocurrency that seeks combine blockchain and social media Y users earn this digital asset depending on their performance and what they do online. It was released on June 12 of this year and since then, it has not stopped growing.
It’s a digital exchange medium used in “Mom market”, a blockchain-based website that allows you to buy and sell items. In simple terms, it is a Free Market but it is mounted on the chain of blocks and a cryptocurrency is needed to transact.
Multicoin also works as a means of payment in “Letter box”, a messaging application where users are verified and can send messages as well as money.
From yesterday to today, it grew 113.3% and its price is around US $ 0.2671.
It is a cryptocurrency inspired by pokemon which aspires to build a comprehensive platform of digital monsters that can be used in NFT video games.
This video game and cryptocurrency model is already being tested and one of the most popular is Axie Infinity, an NFT game in which people buy tokens, raise them and fight against others.
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As a closing, PolkaMonster is around US $ 0.009157 and in the last 24 hours it grew 87.4%.
5. Beefy Finance
It is a cryptocurrency that works like a Binance blockchain performance optimization tool, one of the most popular and widely used exchanges on a global scale.
Your mission is maximize agriculture return on yield, a common practice in the crypto ecosystem in which cryptocurrencies are deposited in a smart liquidity fund to generate money. Something like a fixed term in cryptocurrencies.
It grew 85% in the last day and its price is around US $ 1,116.46.