In the cryptocurrency market, altcoins where developer activity is concentrated are attracting investors’ attention. According to Santiment’s latest data, the BSC and Binance Chain-based altcoins with the highest developer focus in the last 30 days have been announced. Altcoins such as FLUX, which ranks first on the list, and the features of these coins are of great importance for investors. Here are the details…
BTCB and Its Features
At the top of Santiment’s list is Bitcoin BEP2 (BTCB). BTCB can be defined as BTCs from the Bitcoin network bridged to the BNB Chain. This token has become popular among users thanks to the fact that it trades at the same price as Bitcoin. Users can obtain BTCB on the BNB Chain network by locking their Bitcoin in a bridge, and when they want to return to the Bitcoin network, they can burn their BTCB tokens to get their BTC back.
This bridging mechanism allows Bitcoin traders to take advantage of the benefits of BNB Chain. Faster transaction times and low transaction fees play an important role in BTCB’s preference. In addition, the possibility to participate in DeFi projects on BNB Chain is also among the factors that make BTCB attractive.
Dusk and Beefy Finance
Dusk Foundation (DUSK) ranks second on the list. Dusk is known as a privacy-oriented blockchain platform. Developers are developing various projects to realize more secure and confidential transactions on this platform. Dusk offers an ideal solution especially for companies offering financial services.
In third place is Beefy Finance (BIFI). As we reported as Kriptokoin.com, Beefy Finance stands out as a DeFi platform that offers its users high-yield staking and liquidity mining opportunities. The developers are constantly working to improve the platform’s user-friendly interface and efficient return strategies. Beefy Finance is rapidly gaining popularity among investors looking to generate passive income in the cryptocurrency world.
Flux and Trust Wallet Token
Fourth on Santiment’s list is Flux (FLUX). Flux stands out as a platform that offers a decentralized cloud computing service. Developers are working on Flux to build more scalable and reliable applications. This platform offers more secure and cost-effective solutions as an alternative to traditional cloud computing services.
In fifth place is Trust Wallet Token (TWT). Trust Wallet is known as a secure and user-friendly cryptocurrency wallet. Developers are constantly updating Trust Wallet to make it more secure and versatile. TWT holders can take advantage of the wallet’s various features and receive discounts in the Trust Wallet ecosystem.
Other Notable Altcoins on the List
Saito (SAITO) ranks sixth on the list. Saito aims to provide developers with a freer and safer internet experience by offering a decentralized internet protocol. On this platform, developers can create uncensored and decentralized applications. In seventh place is ApeSwap Finance (BANANA). ApeSwap is a DeFi platform that offers users high-yield liquidity mining and staking opportunities. The developers are constantly improving the platform’s user experience and return strategies.
In eighth place is Frax Finance (FRAX). Frax is known as a fractional-reserve stablecoin protocol. Unlike traditional stablecoins, this protocol offers its users a more flexible and secure experience. In ninth place is TokenPocket (TPT). TokenPocket stands out as a multi-chain cryptocurrency wallet. Developers are constantly improving the security and user-friendly features of this wallet.
The Altcoin at the Bottom of the List Announced by Santiment: LTO
Theltonetwork (LTO) is last on the list. LTO Network is known as a hybrid blockchain platform. Developers are working on this platform to create more secure and efficient business processes. As a result, this list by Santiment reveals the altcoins in the cryptocurrency market where developer activity is concentrated. These altcoins have great potential for investors thanks to the intense interest of developers.
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