The most profitable cryptocurrencies of the day

on September 8, the cryptocurrency market shows a slight recovery. Over the past 24 hours, several virtual assets have gained more than 15% in value. The leader of the day was the Helium cryptocurrency (HNT). The value of the digital asset has increased by 41.61% and is trading at $ 5.4. The token’s market capitalization amounted to $ 678.42 million.

Terra Classic (LUNC) took second place in the list of profitable cryptocurrencies. Over the past day, the digital asset has become more expensive by 37.17% and is worth $ 0.497. The market capitalization has increased to $ 3.05 billion.

In early September, the Terra LUNA Classic (LUNC) cryptocurrency grew by 2400%. According to the researchers' analysis, the surge in LUNC’s value was caused by the growth of the betting ratio: at the time of launch, this ratio was 2.6% of the total supply of coins. Currently, the betting ratio has almost tripled to 7.5%. It is not known whether LUNC will be able to maintain its position and attract new investors. However, No Worries strongly recommends against investing in Do Kwon's projects, including Terraform Labs.

The third cryptocurrency in the top list is EOS, which recently rebranded its network as EOS. IO and gained 18.66%. The digital asset is currently trading for $ 1.65, with a market capitalization of $ 1.65 billion.