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HOPR Crypto Outpaces Bitcoin and Ethereum as a Top Gainer

  • HOPR crypto primarily is a decentralized, incentivized mixnet that aims to bring true privacy to Web3.
  • HOPR crypto at the time of writing, was trading at $0.127235 with a 24-hour trading volume of $1,60,20,576.
  • The 771-ranked token is buzzing hot on Sunday. According to CoinMarketCap, it is trending as one of the top gainers of the day, with gains of over 23.64% at the time of writing.

HOPR crypto is primarily a decentralized, incentivized mixnet that aims to bring true privacy to Web3. The 771-ranked token is buzzing hot on Sunday trending as one of the top gainers of the day with gains of over 23.64% at the time of writing, according to CoinMarketCap.

As a decentralized platform, the crypto does not have its own blockchain, but node runners receive HOPR tokens as compensation on the Gnosis Chain and Ethereum mainnet. Launched in 2021, the HOPR DAO controls all proceeds from the launch.

Why HOPR crypto is rallying?

While the exact reason for the HOPR crypto rally is still unclear, it may be on the back of the market’s overall bull run. The ecosystem aims to provide scalable transport-level privacy, allowing the creation of truly private, trustless and secure applications for web3.

Also read: 5 Cryptos to Buy Before Christmas for Holiday Gains

Built first as a scalable and incentivized mixnet, HOPR crypto allows the creation of private dApps at the scale needed for Web3. It can do this as it works on the proof-of-relay mechanism while preserving their privacy.

How is the token faring today?

HOPR crypto at the time of writing, was trading at $0.127235 with a 24-hour trading volume of $1,60,20,576. With a live market cap of $4,34,09,420, the token has a circulating supply of 34,11,73,813 HOPR coins.

Manu Shankar

Coin Cryptoverse is your gateway to the dynamic world of cryptocurrencies and blockchain technology. Designed for seasoned enthusiasts and followers.

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