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TOP 5 Trending Cryptos of this week : May 22

May 22, 2022 by Trending Crypto News : find below the five most searched cryptocurrencies of this week.

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There are thousands of different cryptocurrencies, which can make you lost when you are first getting started in cryptocurrency world.

Thus, a number of cryptocurrencies have managed to come out on top; those crypto gems that make you want to invest.

This weekly post aims then to make you aware of the most searched cryptocurrencies. Based on researches from Coinmarketcap and another exchanges, these are the most top 5 digital currencies trending of May 22, 2022.

TOP 1 : WRAPPED BITCOIN

Wrapped Bitcoin is a tokenized version of Bitcoin (BTC) that runs on the Ethereum (ETH) blockchain.

WBTC is compliant with ERC-20 — the basic compatibility standard of the Ethereum blockchain — allowing it to be fully integrated into the latter’s ecosystem of decentralized exchanges, crypto lending services, prediction markets and other ERC-20-enabled decentralized finance (DeFi) applications.

WBTC is also backed by Bitcoin at a 1:1 ratio via a network of automatically monitored merchants and custodians, ensuring that its price is pegged to Bitcoin at all times and allows users to transfer liquidity between the BTC and the ETH networks in a decentralized and autonomous manner.

Wrapped Bitcoin was first announced on October 26, 2018, and officially launched on January 31, 2019.

At the time of writing, Wrapped Bitcoin price is $29,292.03 USD with a 24-hour trading volume of $208,667,427 USD. Wrapped Bitcoin is down 3.78% in the last 24 hours. The current CoinMarketCap ranking is #12, with a live market cap of $8,102,260,873 USD. It has a circulating supply of 276,603 WBTC coins and the max. supply is not available.

TOP 2 : TERRA LUNA

TerraUSD (UST) is the decentralized and algorithmic stablecoin of the Terra blockchain. It is a scalable, yield-bearing coin that is value-pegged to the US Dollar. TerraUSD was created to deliver value to the Terra community and offer a scalable solution for DeFi amid severe scalability problems faced by other stablecoin leaders like Dai. Thus, TerraUSD promises users a higher level of scalability, interest rate accuracy, and interchain usage.

TerraUSD provides several benefits that have made it a stand-out stablecoin competitor. Due to its minting mechanism, UST meets the requirements of DeFi protocols that it uses without losing scalability. UST can also be easily added to crypto wallets by simply integrating TerraUSD as a payment method. Another area where TerraUSD has shown its power is DApps. For example, platforms that mint fungible synthetic assets and track real-life asset prices use UST as a pricing benchmark.

TerraUSD (UST) was launched in September 2020 (in collaboration with Bittrex Global) and has since gained the reputation as the most scalable stablecoin. UST can be used in conjunction with LUNA, Terra’s non-stablecoin crypto, or as a standalone token.

At the time of writing, Terra price is $0.000166 USD with a 24-hour trading volume of $850,147,387 USD. The current CoinMarketCap ranking is #213, with a live market cap of $1,081,915,219 USD. It has a circulating supply of 6,535,955,243,628 LUNA coins and the max. supply is not available.

TOP 3 : AgeOfGods

From the Co-Founding team of Crypto Exchange executives bring you AgeOfGods a high quality game developed by Juego Game studios, where you can play and earn tokens in the process.

Start or join a guild, Progress through challenges and level up, get Gear, Climb the Arena ladder, Battle other players in PVP, Participate in global PVP Tournaments while earning rewards that can be sold for tokens.

100% of the revenue streams will be used to buy back tokens from the marketdecreasing the total circulating supply which will drive up the value of the AgeOfGods token.

Trade AOG NFT’s on Binance NFT, Galler and our own Marketplace, royalty fee on each trade will be used to buyback AOG in 1 dedicated buyback wallet.

At the time of writing, AgeOfGods price is $0.063573 USD with a 24-hour trading volume of $6,073,539 USD.  AgeOfGods is up 49.13% in the last 24 hours. The current CoinMarketCap ranking is #2864, with a live market cap of not available. The circulating supply is not available and a max. supply of 270,000,000 AOG coins.

TOP 4 : GREEN SATOSHI TOKEN

Green Satoshi Token (GST) is the game token of STEPN — a Web 3.0 lifestyle app with in-built fun social elements and gamification design. STEPN is the first move-to-earn NFT game where players earn GST tokens by walking, jogging and running outdoors while wearing NFT Sneakers. GST tokens can also be used to level up and mint new Sneakers, and players can sell/rent their NFT sneakers on the app Marketplace.

The goal of the project is to encourage the world’s population to lead a healthy and active lifestyle, as well as to acquaint people with the concept of Web 3.0. The STEPN platform is originally powered by Solana (SOL) and uses a dual-token mechanism where Green Satoshi Token (GST) is the currency in the game and Green Metaverse Token (GMT) is the governance token.

To become a part of the community, a user first downloads the STEPN mobile app, registers an account and creates a wallet. The user then deposits SOL tokens to the built-in STEPN wallet, goes to the in-app Marketplace, buys NFT Sneakers and waits 24 hours for “energy” replenishment (energy is time user workouts, in minutes, the indicator recovers at a rate of 25% every 6 hours).

At the time of writing, Green Satoshi Token (SOL) price is $2.72 USD with a 24-hour trading volume of $67,104,928 USD. Green Satoshi Token (SOL) is down 6.27% in the last 24 hours. The current CoinMarketCap ranking is #242, with a live market cap of $147,274,316 USD. It has a circulating supply of 54,123,274 GST coins and the max. supply is not available.

TOP 5 : ARIVA

ARV has been produced for active use in global and local tourism and travel networks in the near future. Project is a worldwide B2C travel & tourism network where members can meet with global and local tourism service providers in the light of previous travelers’ experiences and shares, make bookings with Cryptocurrency and earn crypto money from both their reservations and valuable content sharing.

Ariva was produced to eliminate the expensive costs of international high-volume money transfers and the Swift transaction complexity in tourism and travel transactions, which are among one of the highest volume industries in the world economy. One of its main aims is to eliminate the complexity and difficulty arising from the use of local currency in the destination country.

ARV is the tourism cryptocurrency of the near future that can be spent safely in every country of the world from its crypto money wallet, eliminating the need to carry cash or debit cards.

At the time of writing, Ariva price is $0.000230 USD with a 24-hour trading volume of $2,778,998 USD. Ariva is up 12.12% in the last 24 hours. The current CoinMarketCap ranking is #672, with a live market cap of $16,697,409 USD. It has a circulating supply of 72,553,169,190 ARV coins and a max. supply of 100,000,000,000 ARV coins.

TrendingCryptoNews May 22, 2022

TrendingCryptoNews aims to share the latest, trending, freakiest news about Blockchain, Bitcoin, Altcoins, Cryptocurrency, NFTs and Metaverse.

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