As the first quarter of 2021 draws to a close, here are the 5 best-performing cryptocurrencies, with a market capitalization of above $1 billion, for the period. The list does not include Bitcoin (BTC) and Dogecoin (DOGE), although they rose 101.14% and 852.15% in Q1 respectively. BTC traded 0.19% greater at $58,851.88 while DOGE traded 0.23% lower at $ 0.054 at press time.Content Value Network (CVNT)CVNT skyrocketed a whopping 41,532.67% in the first quarter to about $2.96. The content distribution platform was released on Huobi Global in January 2019. Damage (DENT)DENT escalated 6,367.68% in the very first quarter at $0.0125. The token is connected with Dent Wireless, which calls itself the very first digital and mobile operator. According to Cointelegraph, there are reports making the rounds of Reddit that Dent might partner with Tesla Inc (NASDAQ: TSLA) CEO Elon Musks Starlink. The business announced an eSIM reseller platform on Wednesday.The worlds very first worldwide #eSIM mobile data reseller platform is here https://t.co/C6iBswXsEiWith the #DENT #Gigastore ANY 3rd party can resell mobile information all over! Connectivity as a Service #dentcoin #ethereum #esim #mobile #data #roaming #connectivity #btc #eth pic.twitter.com/bb4KKvRVYs— DENT (@dentcoin) March 31, 2021On its site, Dent highlighted turning points that include enhanced connectivity for the Tokyo Summer Olympics. Pundi X (NPXS)NPXS soared 4,409.95% in the very first 3 months of 2021 at around $0.0077. This month, the token saw a massive spike thanks to token staking, decrease, and favorable belief surrounding the altcoin market. Developer and CEO of PundiXLabs validated the token decrease and staking news. He likewise stated Decentralized Finance farming was coming.As arranged, $npxs token reduction starts late March, followed by (right away or couple of days later) token staking. Staking benefit is USD100,000 + value weekly for ten weeks.Someone stated its better to call our staking “DeFi farming”, so yea Pundi X DeFi farming is comin!– Zac Cheah (@zibin) March 13, 2021Harmony (ONE)ONE increased 4,166.84% in the quarter. The cryptocurrency traded 2.71% lower at $0.183 at press time.ONE reached its all-time high of $0.2233 on March 29. Developer Péter Szilágyi called out Harmony for violating Ethereum software licenses this month. ONE acquired points out on social media and was among the leading tickers on Stocktwits.com trending streams in mid-March. In January, the blockchain business launched its 2021 roadmap. Consistency provided a limited edition of 100 Atari Centipede, an 1980s repaired shooter arcade game, capsule collections as non-fungible tokens on Wednesday. Those were sold out in less than 1.5 hours.Today, we are delighted to give the world a minimal edition of only 100 @atari Capsule Collection”Centipede 2600 Cartridge Classic”, the most effective arcade game of its eraLimited to just ONE per deal and two per addressBuy now: https://t.co/89V3t5efHE pic.twitter.com/yCU28MNRJN— Harmony (@harmonyprotocol) April 1, 2021Terra (LUNA)LUNA acquired 2,746.95% in Q1. The coin traded 0.99% higher at $18.55 at press time.The cryptocurrency touched its all-time high of $22.33 on March 21. The blockchain related to LUNA utilizes fiat-pegged stablecoins to power global payments systems.This month TerraUSD and associated UST stablecoin saw huge demand from Mirror, Terras synthetic assets protocol. In order to fulfill the need 80 million LUNA were burned to mint 447 million UST, which decreased LUNAs flowing supply to 404 million from 484 million hence pushing up costs, according to Cointelegraph. Another occasion that apparently buoyed LUNA was Robinhoods trading ban on GameStop Corp. (NYSE: GME), BlackBerry Ltd (NYSE: BB), and AMC Entertainment Holdings Inc (NYSE: AMC) stock which may have led a large swathe of traders to decentralized exchanges and artificial properties. © 2020 Benzinga.com. Benzinga does not provide investment recommendations. All rights scheduled.
The list does not include Bitcoin (BTC) and Dogecoin (DOGE), even though they rose 101.14% and 852.15% in Q1 respectively. Dent (DENT)DENT escalated 6,367.68% in the very first quarter at $0.0125. Pundi X (NPXS)NPXS shot up 4,409.95% in the first 3 months of 2021 at around $0.0077.– Zac Cheah (@zibin) March 13, 2021Harmony (ONE)ONE rose 4,166.84% in the quarter. Those were offered out in less than 1.5 hours.Today, we are excited to bring to the world a minimal edition of only 100 @atari Capsule Collection”Centipede 2600 Cartridge Classic”, the most successful arcade video game of its eraLimited to just ONE per deal and two per addressBuy now: https://t.co/89V3t5efHE pic.twitter.com/yCU28MNRJN— Harmony (@harmonyprotocol) April 1, 2021Terra (LUNA)LUNA gained 2,746.95% in Q1.