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How is the Cryptocurrency Industry doing today?

Experts released data that reveals that overall purchasing activity remains favourable despite last week's drop in Bitcoin (BTC) and the larger cryptocurrency market.

Today, April 11, Bitcoin (BTC) plummeted to $40,930, its second day of losses from last month's highs of $43,450. BTC is down 10.35% this week after failing to break the $47,000 mark in early April. Terra (Luna) buying $176 million worth of BTC on Sunday tried to boost the cryptocurrency's price but failed.

According to CoinMarketCap.com, Ethereum (ETH), which ranks #2, has lost 11% while Shiba Inu (SHIB), ranks #15 and has lost 13% in the previous 7 days. At press time, most mainstream cryptocurrencies are also losing value. Is this the time to invest in smaller, big potential protocols? We definitely think so.

Community is Key: Calyx Token (CLX) and Securipop Token (SECR)

CLX – Calyx Token

Calyx Token (CLX) is a permissionless liquidity protocol designed to allow multi-chain crypto trading and supply from many sources.

The Calyx Token (CLX) represents security, decentralisation (DeFi), and transparency.

The Calyx Network facilitates cross-chain trading, liquidity accumulation, commerce compatibility, and permissionless participation.

This cutting-edge technology allows for real-time, secure trading.

All are based on community and interaction.

CalyxDAO, a decentralised autonomous organisation (DAO), will operate and control the protocol. Initially, the system will be governed by the "founding team". As the Calyx Token grows, it will become more vital for the community to vote and make crucial choices for the network's future.

The token is currently in its first stage presale which, as we all know from previous protocols on presale like Filecoin (FIL) and Ethereum (ETH), can certainly be a profitable venture, returning incredibly large sums to early investors. CLX presale buyers are benefitting right now, are you going to join the community revolution?

SECR – Securipop Token

Securipop (SECR) is a blockchain-based cryptocurrency meant to help construct decentralised communication platforms. WhatsApp and Telegram are messaging apps that may jeopardise users' data, privacy, and security. Users on the Securipop Network will have more control and independence.

Using the SECR token, you may engage with or recruit new users to the network and earn exciting incentives. The Securipop app enables users to monetise anonymous content and pay for premium services – Securipop, like Calyx and Ethereum, may yield millions in pre-sale. Join the community, make millions, be Securi-pop.

Cardano (ADA) and Terra (LUNA): Improvements Are Being Implemented

ADA – Cardano

In the last year, Bitcoin dominance fell from 52% to just 42%, whilst Cardano dominance fell from 4% to 2%. Cardano (ADA) dominance refers to how much of the overall crypto market cap is made up of Cardano (ADA). In March 2021, the Cardano network had roughly 2.6 million addresses. Now the Cardano network just surpassed a historic record of over 5 million addresses, an increase of 48% year-to-date. The high rise in users aligns with the increase of dApps and applications on the network, indicating fundamental development.

ADA is now down 22% at $0.94 in 7days. ADA is now roughly 70% below its all-time high of just over $3.

Can this help? It is official: Snoop Dogg and Champ Medici collab - Clay Nation project, is bringing rare and unique clay animations, land pitches and exclusive music content to the Cardano Network.

LUNA – Terra

Like Cardano (ADA), LUNA is down 21% too, selling for $86 at the time of writing.

The Luna Foundation Guard, a non-profit org that promotes the Terra blockchain, has purchased 100 million dollars worth of Avalanche (AVAX) tokens.

The move is intended to strengthen the local UST stablecoin, which has seen the market value rise to $16.7 billion (according to CoinMarketCap).

Since LFG announced a billion-dollar Bitcoin reserve, LUNA, the Terra blockchain's governance token, has soared.

The blockchain project's purchasing frenzy boosted the biggest cryptocurrency to an annual record of $48,234 in March before backtracking to $43,000.

Do Kwon, co-founder of Terra, said that he had bought $230 billion in Bitcoin (BTC).

The Luna-LFG wallet currently has $1.56 billion in Bitcoin.

However, Kwon's latest Bitcoin buy failed to boost the LUNA token's price. LUNA, which ranks #9 on Coinmarketcap, has now dropped 12.5% from its recent high of $119.18.

Calyx Token – Enter the Presale

http://presale.calyxtoken.io/

Securipop Token – Enter the Presale

http://presale.securipop.io/

 

Disclaimer: This is a company release. No HT journalist is involved in creation of this content.

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