The previous weekend was marked by market up rise as Bitcoin led the rally. However, the crypto dad is at the moment switching between red and green with great fluctuation depicting that it is yet to find solid traction on the rising wedge.
Nevertheless, three salient coins – Ontology (ONT), Enjin Coin (EJN), Tezos (TXZ), that seems to be unsung is threading a path that signals breakthrough as they mount over the market greeny area despite the hitching market situation.
Ontology (ONT) Intraday Price Analysis
Ontology (ONT) bids to be the highest gainer amongst the top 20 coins with about 12% added value in the last 24 hours. After maintaining a leveled price around $1.1 since the start of the day, Ontology price spiked up towards the end of the European trading session today to be valued around $1.3.
The upsurge made the altcoin change its resistance mark from $1.1 to a rigid spot above $1.25. Ontology is at the moment ranked the 17th largest coin by market cap, and its market capitalization is valued a little above $626 million.
Ontology (ONT) Comes With Enormous Use Cases
With its diverse modules and protocols, Ontology (ONT) came into the crypto space with enormous uses cases compared to some with nothing to show.
The ONT ID, which is one very important protocol of Ontology, completes and perfects distributed identity framework supporting identity verification and authentication for people, assets, objects, and affairs.
In another sense, the ONT DATA framework enhances data cooperation and exchange of many things, smart contracts transaction and data resource management.
Also, ONT Scores which offers help to many businesses to design diverse credit evaluation logic according to distributed credible data.
Enjin Coin (ENJ) Intraday Price Analysis
Enjin Coin (ENJ) is among the few cryptos in the market whose value has been upped in the last 24 hours. Looking at the 1 month market chart of the coin, it is clear that Enjin Coin (ENJ) has been on an uninterrupted tremendous rise since the last 30 days, and the coin seems relentless.
In the last 24 hours, Enjin has added about 3.1% to its value to be priced $0.188266 with a market cap of $144,401,528 which makes it remain the 43rd largest coin in the market. Against BTC, Enjin coin (ENJ) has added 3.28% to its value according to Coinmarketcap.
At the moment, Enijn coin has been able anchor its price at a level above the $1.4 support level.
Enjin Coin (EJN) Leads While Other Cryptos Follow
Enjin Coin (ENJ) surprised the crypto world after announcing a partnership with Samsung. The collaboration makes Enjin to be included in Samsung’s new smartphone, Galaxy S10.
Shortly afterward, Enjin Coin began to skyrocket, jumping from one level to another, till it reached the 43rd position in a twinkle of an eye. Analyst have said the surprising price upsurge of Enjin could be linked to the latest Samsung partnership.
With its partnership with Samsung, crypto enthusiasts are beginning to see the importance of Enjin coin in the blockchain space. For example, game developers are now creating different games on Enjin blockchain. As well, they are leveraging the 20 million users strong Enjin Network for wide adoption.
Tezos (XTZ) Intraday Price analysis
Not just the highest gainer of the three discussed coins, Tezos (XTZ) stands as the second highest benefactor of first 50 cryptocurrencies in the market today. Tezos, at the moment, has been able to hold the bull by the horn and it is ready for a meritorious ride.
Tezos has added about 17% to its value in the last 24 hours according to Coinmarketcap, and there are signals for more breakthrough as the altcoin continues to escape series of resistances within short duration.
Tezos (XTZ) is ranked the 21st largest coin based on its market cap which is around $374,015,327.Tezos is one of the few outstanding projects that seem unsung with great potentials.
At the moment the three coins – Ontology (ONT), Enjin Coin (EJN), Tezos (TXZ), show signs of great breakthrough, but only time can determine their destination.
Tezos (TZX) Tops The Blockchain Grant World
After understanding that the Tezos (TZX) ecosystem requires outstanding initiatives and entities that will ensure the long-term success of the digital asset, the Tezos Foundation decides to invest in innovations that are non-existent.
With its unrelenting look for better innovations, Tezos Foundation has partnered with several institutions who can bring about worthwhile ideas that will make the Tezos ecosystem grow beyond people’s comprehension.
Tezos, being a new platform for decentralised applications and smart contract offers an official process for stakeholders to easily and proficiently govern the protocol, while implementing future innovations.
The Tezos blockchain was designed to facilitate formal verification, which helps secure smart contracts and avoid buggy code.