KuCoin Weekly Review: 3 Altcoins to Keep Tabs on — CHSB, GRIN, ZIL
By: Kucoin Blog
Tags: Cryptocurrency, Altcoins, Ethereum, Blockchain, Bitcoin

Last week, after being around $19,000 for a couple of days, Bitcoin finally broke $20,000 on December 16, and reached $24,000 soon afterwards, marking a new all time high.

Driven by Bitcoin, the whole crypto market is quite bullish, with most tokens showing an upward trend. Considering the performance of all altcoins, KuCoin Blog will talk about the 3 altcoins you shall keep tabs on this week.

Top1: SwissBorg (CHSB)

The SwissBorg project mainly serves high-net-worth customers, using blockchain and artificial intelligence to innovate and replace the traditional ways of financial management. SwissBorg is committed to becoming the first Swiss online bank to provide customized crypto investment services.

On December 14, SwissBorg officially launched the “Smart Yield” mining program. The CHSB tokens joining in mining soon exceeded $2 million. For this reason, SwissBorg quickly opened the second round of mining. According to the SwissBorg official website, the APR of the “Smart Yield” can get up to 100%. Backed by this success mining program, the demand for CHBS has greatly increased, leading to an 120.5% increase of the CHSB token price in the last 7 days.

Trade CHSB and other 200+ altcoins on KuCoin.

Top 2: Grin (GRIN)

Grin is a privacy-preserving token built openly by developers distributed all over the world. Grin’s system is designed for usability by everyone, regardless of borders, culture, skill or access.

Driven by the bullish sentiment, many privacy coins like Monero and Zcash show an upward trend. Grin led the rise in the privacy coin sector, with an increase of 119.8% in 7 days. Grin announced last week that the “Winter 2020 Bug Bash Challenge’’ will be launched on December 19. Participating in the event will share 0.75BTC and 2500GRIN (approximately US$19,000 in total). Following this news, GRIN rose by over 80% in the short term. In addition, the Grin network is expected to receive a significant upgrade in January 2021.

Trade GRIN and other 200+ altcoins on KuCoin.

Top3: Zilliqa (ZIL)

Zilliqa claims to be the world’s first high-throughput public blockchain. It uses the PBFT consensus mechanism to improve the transaction speed to thousands of transactions per sec. As its network grows to increase the speed, Zilliqa brings the theoretical practice of sharding. The project has advanced technology and has been verified by actual tests. With the upcoming of ETH 2.0, the maturity of sharding will bring more attention to ZIL.

As a trending project on Twitter, ZIL ranks 6th among the “Top 10 Coins Have Most Mentioned on Twitter” released by Coin98 Analytics. At the same time, ZIL has plenty of news coming out lately, on December 19, ZIL was listed on Changelly PRO exchange; on December 21, the Zilliqa mainnet will be upgraded to version 7.0.0; and ZIL mentioned on its Twitter said another important upgrade will come in January 2021.

Trade ZIL and other 200+ altcoins on KuCoin.

Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin is not liable for investment gains or losses.