AVAX, Cardano, Ethereum, and EverGrow Coin Make Crypto Gains in March 2022

Crypto is growing in prominence and attracting more and more individuals in the investment sphere

The cryptocurrency market has recovered nearly $400 billion after markets crashed on February 24. The Russian invasion of Ukraine saw the total value of crypto plummet to $1.6 trillion before hovering at $1.7 trillion for most of March. A week of growth has seen that rise to over $1.9 trillion as of March 22.

Bitcoin is up past its resistance price of $39,000 to hit $42,000 today. But a number of altcoins are beating their 9% price increase in the last week. Bitcoin might be the biggest crypto token by market cap ($800 billion) but that doesn’t mean it’s the best crypto investment. 

In this article, we’ll look at four crypto tokens worth looking at besides Bitcoin.

Avalanche (AVAX)

Current price: $86

Avalanche is up an impressive 23% in the last week, with a $23 billion market cap fast approaching Solana at $29 billion. Avalanche’s AVAX coin is the native token of Avalanche’s three blockchain networks, offering developers a lightning-fast, infinitely scalable, and environmentally friendly alternative to Ethereum. Top cryptos like Chainlink – the 23rd biggest token by marketcap – is one of many projects built on the Avalanche network.

EverGrow Coin (EGC)

Current price: $$0.00000046

EverGrow Coin’s price has grown 10% in the past week as developers roll out a new content subscription platform, called Crator. The platform allows crypto payments (BNB, BUSD, and EverGrow Coin) to unlock content subscriptions or pay tips to content creators. Crator has a simple social media interface that could challenge OnlyFans, offering 5% commission in comparison with the OnlyFans’ 20%. 

EverGrow Coin has yet to break into the crypto top 100 this year, but it’s fast become the top rewards token on the BNB Chain. EverGrow Coin has paid out more than $35 million in BUSD rewards to coin holders since launching in September last year. These rewards have been financed by a 14% tax on EGC transactions, but EverGrow Coin will also redistribute profits from Crator as even more BUSD rewards.

Cardano (ADA)

Current price: $0.9731 

Cardano’s ADA token is up 20% over the last seven days and back up with the highest prices all March. In just over a week its token price has gone up from $0.78. Cardano is known for surprising the market, like in September last year when it shot up to $3.1 ahead of the Alonzo hard fork that allowed users to develop and deploy smart contracts on Cardano’s blockchain network.

Cardano prides itself on peer-reviewing research to challenge new ideas. This ‘academic rigour’ is rooted in Cardano’s name, in honour of an Italian polymath Gerolamo Cardano.

Ethereum (ETH)

Current price: $3,005

Ethereum has broken past $3,000 with 16% gains in the last week. Ethereum is doubling Bitcoin’s current price increase as it gets ready to change to a new consensus mechanism. Earlier this month, Ethereum developers announced the success of a final test phase before moving the smart contract giant to a proof-of-stake (PoS) system that will speed the network up and reduce gas fees. 

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