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Cryptocurrency experts name the tokens that grew the most per day

9:46 am, October 14, 2022

Having analyzed the cryptocurrency market on a daily basis, experts have identified the most profitable tokens over the past 24 hours. Top 5 leaders in the list: Ethereum Name Service (ENS), Huobi Token (HT), TerraClassicUSD (USTC), Lido DAO (LDO), and Uniswap (UNI).

According to trackers, the Ethereum Name Service (ENS) cryptocurrency has risen in price by 16.1% over the past day. The value of the digital asset was fixed at $ 19.6, and its capitalization amounted to $ 398.11 million, which allowed ENS to rise to the 85th line in the world ranking of the best cryptocurrencies.

Huobi Token (HT) took the second place, continuing its growth and adding another 12% to the price. The rate of the native token of the centralized Huobi exchange rose to $ 8.08. In total, the capitalization soared by 91.65% over the past week. The digital asset rose to 42nd place in the list of the best cryptocurrencies.

Three other cryptocurrencies managed to rise by more than 11% per day: the fraudulent TerraClassicUSD (USTC), the Lido DAO (LDO) governance token, and the native Uniswap (UNI) token. USTC is traded at $ 0.0518 (11.67%), LDO at $ 1.36 (11.09%), and UNI at $ 6.41 (11.06%).

As for Do Kwon's infamous TerraClassicUSD project, the cryptocurrency managed to grow by 57% per day earlier this week. This happened after the Terraform Labs community accepted the proposal of Tobias Andersen, a senior developer at Bitcoin Suisse AG, to re-peg the coin to the US dollar. Andersen wants to recapitalize USTC with quantitative easing and reduce the huge amount of debt that accumulated in May 2022 during the Terra Classic ecosystem crash.

It is not known for certain what the future holds for TerraClassicUSD, but it is already clear what the future holds for USTC founder Do Kwon. According to South Korean media, the passport of the cryptocurrency fraudster and Terraform Labs CEO will be revoked on October 19.

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