3 Altcoins To Keep Tabs On — ONE, BTT, FIL | KuCoin Weekly Review Issue #13

After several weeks of action, things have finally started to calm. Bitcoin dropped to as low as $53,240 during the week, but ended it at $56,594. Our own KCS managed to hang around the $5 mark. It hit a high of $5.27 during the week but dropped to $4.96 by the week's end.

Harmony can best be described as a dApp platform that allows you to both create and use decentralized applications. It is a sharding protocol that is scalable and ultimately able to achieve a two-second finality, allowing for some of the fastest transactions. The ONE token lies at the center of the ecosystem, allowing holders to participate while also being the payment method of choice for the platform.

Otherwise, new partnerships that have been announced over the past few weeks and the upcoming bridge between Binance Smart Chain and Harmony have played a part in helping ONE achieve a 112.7% 7-day ROI.

BitTorrent is a P2P file sharing and torrent platform. It offers a series of products for sharing files and torrents based on the BitTorrent protocol.

While the underlying TRON technology has been going from strength-to-strength lately, BTT has seen significant interest this week too due to the announcement of two different trading competitions. In addition, driven by the Decentralized storage market recovering and hyped by Justin Sun, BTT achieved a 106.8% 7-day ROI.

Filecoin works as a decentralized storage system. It is an open protocol and backed by a blockchain that records and stores the files of users. It operates using built-in economic incentives to ensure files are stored reliably over time. This is done with the native token FIL, which is used as payment for storage and retrieval.

Another notable change these past few days is the increase in storage capacity, spurred by the increase in miners and trading volume. All in all, FIL was able to achieve a 45.5% 7-day ROI.

3 Altcoins To Keep Tabs On — ONE, BTT, FIL | KuCoin Weekly Review Issue #13