1INCH price hits a new record high as the top DEX aggregator vies for Defi dominance
A series of protocol upgrades and new liquidity integrations prove that 1INCH is aiming to increase its Defi and DEX aggregator market share. One of the top DEX aggregators that have recently seen 1INCH price hits a new record high a protocol that offers “access to the most liquidity, lowest slippage and best exchange rates across Ethereum and Binance Smart Chain” according to the project’s website.
Cardano breaks out vs. Bitcoin as ADA price discovery nears $2
ADA, the native token of the Cardano smart contract platform, has joined the altcoins hitting new all-time highs this week. Data from Cointelegraph Markets Pro and TradingView shows ADA/USD hitting over $1.70 for the first time on May 7. Against BTC, ADA remains far below its all-time high — a trait common to many altcoins despite their U.S. dollar performance.
Qtum price rallies 160% as the project’s focus on Defi pays off
QTUM price hit a 3-year high above $35 as the team’s focus on Defi and staking attracts new users. After rallying 1.510% in 2021, QTUM price hit a $35.70 all-time high on May 7. This relatively obscure altcoin launched in September 2017 is a fork of the Bitcoin Core 0.13 version, but it also integrates the Ethereum virtual machine (EVM) and smart contract execution capability.
Elon Musk scales back Dogecoin hype while DOGE price rebounds 23%
Musk appeared to cool the hype on Dogecoin while suggesting the meme coin’s fate was now in the hands of the gods. The coin price jumped from $0.52 to $0.64 in the hours immediately after Musk posted the TMZ video on Twitter, accompanied by the warning: “Cryptocurrency is promising, but please invest with caution!”
EOS price has pumped 100% in three days
EOS is the latest large-cap altcoin to experience a massive price surge in the last few days as alt season gains momentum. Indeed, major altcoins like Bitcoin Cash (BCH), Ethereum Classic (ETC), Chainlink’s LINK, and Polkadot’s DOT have experienced rapid price surges. EOS is following the pattern, gaining enough momentum to show significant price action strength against Bitcoin.
