It is the last day of March, and it has been a fantastic month. The market has stopped a little after big growth in values for lots of tokens in January and February, but it has still been a bullish month and the Bitcoin halving is getting closer and closer.
On the last day of March, CORE is the name of the selected token, as it had the biggest growth in value on CoinMarketCap among the top #100 tokens in the last 24 hours. What is Core?
What is Core about?
Core is actually a layer 1 blockchain, but it is compatible with Ethereum Virtual Machine (EVM), meaning that those who know how to program applications for Ethereum should be able to produce apps also for Core. That is a big plus!
Another interesting thing is that the Core network is powered by the “Satoshi Plus” consensus mechanism, which secures the network through a combination of delegated Bitcoin's mining hash and delegated Proof-of-Stake (DPoS). You can read more about this at https://coinmarketcap.com/currencies/core-dao/
The price of Core has increased by 26% in the last 24 hours, and if it will ever become a successful layer 1 blockchain, we can expect the price to increase much more. But, there is also a danger that it will fall into the pit and just be forgotten as one of the many layer 1 blockchains that didn't survive. Time will show!
Worth knowing before you buy something I mention here...
First of all, I write about all sorts of token based on price movements in the last 24 hours. I don't write about tokens I love, neither do I write about tokens I believe in. I simply write about tokens that has had a great move in the last 24 hours. This is not financial advice in any way.
In fact, a token that has had a great movement in the last 24 hours often ends up performing bad afterwards (unless it is on a super-run), so a token with a great curve the last 24 hours is often dangerous because it can easily fall back. Once again, this is not financial advice.