Collection Summers Biggest Gainers on Dyor

Although cryptocurrencies have been on the market for a long time, investing in them can still be called a relatively new phenomenon. Until now, many people do not understand how cryptocurrency works, so they are afraid to invest in it.

With the right approach, investing in cryptocurrencies can bring impressive profits, but requires responsibility and risk management. Today, we have prepared for you an overview of the best Dyor token collections that have good growth prospects.

Dyor token collections is a new powerful feature in Dyor App:

Every 48 hours, you are getting notified of a new token collection.
Each collection is based on a narrative or a theme, for example, AI tokens or SportsFi tokens.
You can swipe through the projects, swipe left to skip, right to invest, and up to add to the watchlist.
You are welcome to share your feedback about the collection.
You are able to collect streak for completed collections.

Let’s see which tokens are the summer's biggest gainers on Dyor App!

TRX token

TRON is an ambitious crypto project that intends to create a global, free, centralized platform for content sharing and dApps development. In a short time, the TRX asset entered the top cryptocurrencies by capitalization.

Key elements:

Tron is a blockchain protocol that aims to decentralize the global network by creating a high-performance, open and free platform for the exchange of digital content. Any user can create their own decentralized applications (dApps) and issue coins to monetize content. This opens up great opportunities for developers and owners of media resources.
The main idea of the Tron blockchain is to eliminate intermediaries between content creators and its consumers. For this purpose, blockchain technology is used–a distributed database with a high level of protection and transparency.
Unlike many others, the Tron network positions itself not just as a payment system, but as a full-fledged ecosystem and a decentralized platform for creating and distributing content. The developers call it the "operating system" of the blockchain.
The cryptocurrency of the Tron network is called TRX. It serves as internal money for the ecosystem and is needed to pay for content and services on the Tron blockchain.
At the time of launch in 2017, 100 billion TRX were issued. 34.25 billion TRX were distributed through the ICO at the beginning of the project development to finance the development of the technology.
In total, 71.6 billion TRX are currently in circulation, as part of the cryptocurrency was burned by the Tron team to regulate the exchange rate of the coin. There are no plans to issue new TRX tokens.
At the moment of writing, the price of one TRON (TRX) token is $0.1573, with a 24-hour trading volume of of $613,946,118.

Because of the active use of the Tron blockchain in the entertainment sector, TRX is often called the "fuel" for the gaming industry and media content. The goal is to make TRX a convenient payment method for online entertainment around the world. The TRX deploys a Delegated Proof-of-Stake (DPoS) consensus mechanism, which means mining is not available.

Dyor app is a great choice to trade TRX effectively.

Trade on Dyor App!

AAVE token

AAVE DAO is a decentralized autonomous organization built based on the Ethereum blockchain platform and using the AAVE token for management. Find out more about the rise of the Ethereum blockchain in our article.

Key elements:

This project is an ecosystem in which users can borrow cryptocurrencies, as well as earn interest on their investments.
The key feature of AAVE DAO is to create a unique loan market using smart contracts and decentralized financial products (DeFi). The goal of the project is to give users the opportunity to borrow and lend cryptocurrencies without having to work through organizations and intermediaries, relying on smart contracts that would guarantee the transaction and the security of funds.
AAVE DAO supports a wide range of cryptocurrencies, which gives users flexibility and the ability to manage their assets on a single platform.
Another important feature is the flexible system of rates for loans and deposits, thanks to which users can choose between stable and variable rates based on their needs and strategies. In addition, AAVE DAO implements guarantees for the security and transparency of user funds by conducting regular audits and observations of its platform.
AAVE DAO's key investors represent an important aspect of its development and sustainability. Among them, there are several major players in the field of the crypto industry, including: Three Arrows Capital, Framework Ventures and ParaFi Capital.
The AAVE token has become the main part of the functioning of ecosystem. AAVE holders have the opportunity to participate in decision-making regarding improvements to services and products, scaling and strategic development of the platform.
At the moment of writing, the price of one AAVE token is $126.98 today, with a 24-hour trading volume of $40,647.52.

Dyor app is a right choice to trade AAVE token.

Trade on Dyor App now!

PAXG token

PAX Gold (PAXG) is a gold-backed cryptocurrency that was launched in September 2019. As an ERC-20 token running on the Ethereum blockchain, PAX Gold is sold on numerous exchanges and provides an opportunity for traders to invest in gold.

Key elements:

Buying physical gold can be expensive for a retail investor. Firstly, a safe place is required to store gold, and secondly, transporting gold from one place to another is not an easy task (especially with crossing state borders).
The Paxos Trust company, a New York based financial institution and technology company specializing in blockchain, aims to solve these problems with the help of PAXG - tokenized gold that lives in the blockchain. The company's activities are regulated by the New York State Department of Financial Services (NYDFS).
The value of PAXG is linked to the exchange value of one ounce of gold.
PAXG is compatible with Ethereum-based wallets, and can also be integrated with DeFi dApps and DEX on Ethereum.
In addition to tokenized gold in the form of PAX Gold tokens, the company in 2018 released one of the first regulated stablecoins in the industry, pegged to the US dollar — PAX Dollar (USDP). Today, this stablecoin is traded on the exchanges Binance, Huobi Global, Coinbase, KuCoin, OKX, MEXC, etc.
It is important that the company regularly undergo an independent audit. Paxos Trust company cooperates with Withum, an American national-level auditing firm, for independent verification.
Compared to owning physical gold bars, owning PAXG does not require any storage fees. However, each PAXG transaction is subject to a small transaction fee of 0.02% and a small amount of ETH as a gas fee.
At the moment of writing, the price of one PAXG token is $2,497.73 USD with a 24-hour trading volume of $4,769,889 USD.

Dyor app is a right place to trade PAXG effectively.

Trade on Dyor App right now!

WHY token

WHY is an innovative cryptocurrency created specifically for those who suffer from bipolar disorder. Its developers claim that WHY token can help users cope with mood swings and increase their overall well-being.

Key elements:

WHY is a bipolar Elephant - NO humor for FOMO anymore, WHY an elephant is dancing and happy all the daytime. The main idea of WHY is that each holder of this coin gets the opportunity to experience the alternation of "ups and downs" in their emotional state.
The developers of WHY token claim that this phenomenon is achieved through the use of special algorithms that track the biochemical processes in the body of the coin holder. These algorithms can supposedly "control" the production of hormones, such as serotonin, dopamine and norepinephrine, thereby causing artificial mood swings.
According to the developers, WHY has already gained popularity among a certain category of users, especially those who experience difficulties with mental health.
At the moment of writing, the price of one WHY (WHY) is $0.0 62412 today, with a 24-hour trading volume of $3,877,434.

Dyor app is a perfect place to trade WHY token.

Trade on Dyor App!