• The cryptocurrency market has seen significant price movements in the last 24 hours, with three digital assets standing out: XinFin (XDC), JOE (JOE) and HEX (HEX).
• XinFin saw a 24-hour price increase of 21.37%, while JOE was up 19.94% and HEX surged 16.93%.
• All three coins are designed to facilitate different functions, including cross-border trade finance, supply chain finance, creating and trading limited-edition NFTs and earning interest on holdings respectively.
Coin Performance
The cryptocurrency market has seen some interesting movements in the last 24 hours, with three digital assets standing out from the rest regarding price performance. XinFin (XDC) is up over 21%, JOE (JOE) is almost 20% higher and Hex (HEX) rose 16.93%. Their respective 30-day increases are 58.09%, 45.25% and 48.31%.
What Is XinFin?
XinFin is a hybrid blockchain platform that facilitates cross-border trade finance, supply chain finance and other business processes such as financial inclusion for unbanked populations around the world. Founded by a team of entrepreneurs and blockchain experts, it has a market capitalization of $598 million — with a 24-hour trading volume of $12 million — and an all-time high of $0.19451 achieved on May 8 2021 (78% lower than its peak).
What Is Joe?
Joe is a decentralized platform for creating and trading limited-edition NFTs that are linked to real world collectibles like rare coins or sports memorabilia in order to address scarcity issues found in similar markets as well as verify authenticity. It has a market capitalization of $136 million — with a 24-hour trading volume of $86 million — while its ATH stands at $5.05117 on March 11 2021(92% lower than its peak).
What Is Hex?
Hex is another blockchain based certificate of deposit that allows users to stake their tokens to earn interest on their holdings through gamification elements incorporated into the platform’s design structure. Its current market capitalization stands at an estimated value with no exact figures available while its ATH was recorded at an undisclosed value earlier this year which it has been steadily increasing since then reaching 48.31% in growth over the past 30 days .
Conclusion
The crypto currency markets have experienced some major price fluctuations over the past day due to these top 3 coin movers; XinFin , Joe , & Hex . Each one offering unique services related to cross border trade finance , supply chain finance , NFTs & earned interests respectively .
