Market Analysis Report (16 Dec 2022)

Several tokens are leading the charge in the last 7-day period. Some of these are well-known cryptocurrencies with more liquid trading pairs, so we’ll be focusing on these over low-cap cryptos that may have higher percentage changes.

Celo (CELO) – CELO is a utility and governance asset for the Celo community, which has a fixed supply and variable value. With CELO, users can help shape the direction of the Celo Platform. Celo’s mission is to build a financial system that creates the conditions for prosperity for everyone.

Dash (DASH) – Dash is an open-source blockchain and cryptocurrency focused on offering a fast, cheap global payments network that is decentralized in nature, whose name comes from “digital cash,” was launched in January 2014 as a fork of Litecoin (LTC). Since going live, Dash has grown to include features such as a two-tier network with incentivized nodes, including “masternodes,” and decentralized project governance;

ApeCoin (APE) – ApeCoin is an ERC-20 governance and utility token used within the APE ecosystem to empower decentralized community building at the forefront of web3. The APE Foundation is the steward of ApeCoin. It is the base layer on which ApeCoin holders in the ApeCoin DAO can build.