Meet Egretia (EGT) – a relatively new cryptocurrency which is featured in our coming altcoin news for its great performance over the past month. With a market cap of $323 million and relatively big trading volumes, the Egretia altcoin is definitely one to watch out for in the next couple of months.
One reason behind this is the fact that Egretia (EGT) entered the top 50 in a very short timeframe. The Egretia altcoin is currently trading at the 36th position by market cap with a price of $0.076 and a 19% increase on the day which is even bigger than Bitcoin’s rally which led it to smashing the $13,000 mark.
The latest cryptocurrency news show that this was not the biggest price for Egretia (EGT). Despite the correction, the altcoin is still strong and as many sites describe it, the investment has a 4 out of 10 safety rank. The strongest ranking factor for the crypto asset is obviously its Market Cap.
When it comes to the actual growth behind the Egretia altcoin and its complete structure, everything is well outlined in a Medum article which illustrates how the crypto asset is designed to work.
Basically, the Egretia altcoin is in close relationship with the gaming industry. It has an ecological settlement system and the Egreten Token (EGT) is known as the “Game Coin” by many. As shown in the article, advertisers, developers, gamers and virtual goods trading platforms are all linked together by the token.
The actual benefits that the Egretia altcoin brings to the table are converting US dollars into game coins, which is relatively easy with the EGT coin. In times when many altcoins have their own coin systems, Egretia sets a clear pricing standard and sets the bar higher.
The other strength of this cryptocurrency, as the altcoin news show, is its HTML5 Blockchain Engine Architecture which allows for maximum code intelligence, code debugging, more color themes, support of major languages and frameworks and many other improvements over the standard technology. At the bottom level is the Egret Engine which helps developers design H5 games and solve technical pain points.
All in all, the Egretia altcoin is one of the hottest ones this month as described by many best cryptocurrency news sites.
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