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Ignis, SIRIN LABS (SRN), and Revain (R) Top Perfomers Today!

With the majority of cryptocurrencies in the red today, let’s take a look at the top crypto performers for the day so far: Ignis, SIRIN LABS (SRN), and Revain (R).

Ignis

Ignis is currently the top performer of the day, up 22.35% in the past 24 hours. The IGNIS token is selling for $0.547636, and Ignis is ranked as the 62nd cryptocurrency by market cap.

Ignis is the first child chain on the Ardor blockchain. Ignis will have all of the Nxt blockchain features, as well as the Ardor platform specific enhancements. Some of these features include account control, secure messaging, a marketplace, and coinshuffle.

Ignis is almost like the test-run for child chains for Ardor, showing the way for other blockchain platforms looking to move into the child chain process. Its August ICO managed to raise $15 million.

 Source: CoinMarketCap

Ardor launched on January 1st, 2018, and on that date, IGNIS was made available on any and all Nxt wallets. In the following days, Ignis was at its highest but it has since dropped off, and although it is up now, I don’t know if it will be recovering to its above $2.00 price from the beginning of January.

What do you think?

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SIRIN LABS

SIRIN LABS is the second highest crypto performer right now, up 22.13% in the last 24 hours. At the time, SIRIN is selling for $2.71 and is ranked as #90 for market cap.

SIRIN LABS is looking to become the world leading secure open source consumer electronics producer. Think electronics plus blockchain. SIRIN wants to put the focus on user security via its FINNEY devices.

 Source: CoinMarketCap

Since its inception, SIRIN has been on a relatively steady climb with a few dips. After beginning to decline last week, SRN looks to be recovering now, ranking among the day’s top crypto performers.

Do you think the growth will last?

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Revain

Finally, Revain comes in at number 3 for the top crypto performers for the day, up 21.93% in the last 24 hours. Revain is ranked as the 88th largest cryptocurrency by market cap and is currently selling for $1.46.

Revain labels itself as the “first trustworthy review platform, built with blockchain technology.” Reviews on the Revain platform can’t be altered or deleted by the company or thing being reviewed, and the authors will receive tokens as a reward for creating a review. The reviews are for ICOs, crypto exchanges, e-commerce, and FMCG.

Revain actually has two tokens: the R token and the RVN token. The R token was built for the Ethereum blockchain. The RVN token is Revain’s inner currency, which it claims will remain stable and unaffected by R because all operations inside the platform will use RVN.

Source: CoinMarketCap

Like SIRIN, Revain has, for the most part, been growing, although there have been several significant dips.

Revain is an interesting concept and could seriously turn the review market on its head – but is this really necessary?

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Featured Image: AltcoinToday

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About the author

Alma W. Hendon

Alma W. Hendon got into Bitcoin while completing his Master's degree and hasn't looked back since, writing about anything crypto-related which makes him sit up and pay attention.

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