Amongst the latest altcoin sensations that are making the buzz lately include My Neighbor Alice (ALICE), Shiba Inu (SHIB), and Klever (KLV). The cryptocurrency industry is so diversified today with numerous use cases for both digital currency innovations and their underlying blockchain technologies. The evolution of blockchain use cases ranges from decentralized finance (DeFi) to Non-Fungible tokens (NFTs) and also to social tokens to mention a few.
New cryptocurrency projects are churned out at a very fast pace today, and it may be difficult to keep track of every one of them. While some of the new projects are outright fraud, many offer a unique potential to help usher in a revolution that can bolster the ever-expanding offerings in the crypto space.
These three projects are not being profiled for their underlying fundamentals, but for the extreme price hike, they have all received in recent days due to an unprecedented hype in the crypto world.
My Neighbor Alice (ALICE)
Inspired by Animal Crossing, My Neighbor Alice is a multiplayer builder game that allows players to buy and own virtual land, collect items, meet friends and build the island. ALICE is the game’s native cryptocurrency, a token that can serve as an in-game cryptocurrency, as well as for governance purposes amongst other uses.
My Neighbor Alice seeks to popularize the concept of playing and earn, drawing on NFTs to allow players to directly own in-game assets which they can trade outside of the platform. The ALICE token is at the forefront of the crypto world today having soared by more than 28,000% on the Binance cryptocurrency exchange after it was listed today.
While broad market tracking platforms including CoinMarketCap and Coingecko are yet to get a perfect grasp of ALICE’s price change due to the volatility, the coin is trading at $24.40 on Binance, up 24,220% at the time of writing.
Shiba Inu (SHIB)
The Shiba Inu token takes a semblance from Dogecoin as both are themed from the Shiba Inu dog breed. The coin, which has been around for about four months recently caught the attention of Elon Musk, who tweeted about planning to buy a Shiba Inu, an open-ended statement that many who knows the famed billionaire took as a bullish call for the token.
Propounded by Elon Musk’s influence, the coin is up by more than 904% in the past month, and by over 160,000% from its all-time low about 4 months ago, according to data from Coingecko. The sustainability of Shiba Inu to continue on this upward journey is uncertain, but the latest bullish surges have made it a token to watch.
Klever app is a simple, secure peer-2-peer blockchain-based crypto wallet with support for Bitcoin (BTC), TRON (TRX), Ethereum(ETH), and other top tokens, coins, and cryptocurrency assets.
The app is built with privacy in mind, shielding customer’s private keys, and transactions, one of the app’s many features that makes it widely adopted to date. KLV is the app’s native token and is also making a buzz in the crypto space in recent times having surpassed the Tron (TRX) token, the native coin of the blockchain upon which it is built.
At the time of writing, KLV is trading at $0.105110, up 15.5% in the past 24 hours, and by more than 1127% in the past month.