Top Loser April 28th – Casper
Today’s top gainer is Casper. Recent news has caused Casper to dip in prices, however, this opens an opportunity for investors to buy in on the dip and make some profit in the future. Casper is currently trading at $0.0682 USD, with a 24-hour trading volume of $8.57 million dollars. In the previous 24 hours, CSPR has dropped by 4,97%. It is now trading at -14,06 percent of its all-time high of 0,07936 USD and 3,95 percent of its all-time low of 0,06561 USD. There are 4,71 billion CSPR in circulation.
A brief summary of Casper
The Casper Network is a Proof of Stake (PoS) enterprise blockchain that is aimed to assist businesses in swiftly and effectively developing blockchain-enabled goods and services. Upgradeable smart contracts, developer-friendly features, and cheaper transaction costs distinguish the Casper Network from most Layer-1 blockchain implementations. Casper employs a sort of PoS consensus system known as Casper CBC, which is planned to be adopted by the Ethereum network as it converts to its 3.0 architecture. As a result, the Casper Network team sometimes refers to the project as Ethereum's “ultimate evolution.”
What does the Casper network have to offer?
The Casper Network is a Layer-1 Proof of Stake (PoS) network that makes developing blockchain-enabled goods and services as simple as possible for businesses. Existing corporate blockchain solutions are struggling to accommodate global enterprise adoption without making substantial concessions in security, scalability, and/or speed, which is why the project was formed. The Casper blockchain provides the following capabilities to assist businesses in achieving a better balance between those three goals:
How might Casper be useful in the finance world and beyond?
CasperLabs, the company behind the Casper Network, is made up of former leaders from major corporations including Microsoft, Google, and Adobe. Casper's design was influenced by the team's experience in the sector, and while the project has been in the works in some form or another since 2015, it has undergone substantial development, with the mainnet only launching in March 2021. The Casper Network's creators recently established the Casper Association, a nonprofit organization tasked with managing the Casper Network's continuous expansion and decentralization.
Casper is stepping up its efforts and has already secured a number of noteworthy collaborations, including one with SJM Group to promote Web 3.0 adoption in the United Arab Emirates. From non-fungible token (NFT) and gaming initiatives to decentralized finance (DeFi) infrastructure and Know Your Customer (KYC) solution providers, a rising number of developers are embracing Casper to build products and services.
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