Analysis of The Top High-risk dApps
Top dApps in the High-risk category, ranked by Users in the last 24 hours, reveal that BNB Miner takes the top spot with a 1.9K user base that has been growing by 6.59%. HEX has the second biggest user count - 831 users with a dip of -7.87%. In the third spot is Infinity Stones with 87 users.
Filtering Top High-risk dApps by Balance reveals that in the last 7-day period, HuoGuo had the highest value of assets - $27.9M. According to the data crawled, the second biggest Balance is held by 加密纪念币 - Crypto Commemorative Coins with $25.1M, and the third one is Just.game with the Balance of $9.8M.
After filtering Top dApps in the High-risk category by Volume, Infinity Stones is clearly bearish with a -11.66% decrease & takes the first place with the Volume of $3.4M in the last 30 days. BNB Miner has a Volume of $535.3K, and is second with a 168.87% spike. In the 30-day time window, the third spot is taken by EthPrime with a dipping $9.4K Volume.
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How is the “Volume” metric useful to me when tracking the top Crypto high-risk dApps?
The “Volume” metric in the Crypto Tracker tool showcases just how much a particular Crypto high-risk dApp is used during a set period of time. If the volume is high, you can be sure that the dApp is popular, and attracts a lot of crypto enthusiasts.
Can I use the Crypto Tracker to track my favorite Crypto high-risk dApps?
Yes, you can. While you may want to use the Crypto Tracker tool for tracking and analyzing the top Crypto high-risk dApps, you can also definitely track specific dApps of your choice, too. This way, you’ll be able to know just how well they’re performing!
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What is a dApp?
DApp is a decentralized application that runs on a P2P network, such as a blockchain, and is fueled with tokens. The main difference between dApps and regular applications is that they eliminate middlemen, meaning no one has control over the network and operate on their own. Also, dApps are transparent as data is kept public and smart contracts are open-sourced.
Where can dApps be applied?
DApps can be applied in various online industries, including advertising, gaming, social media, banking, real estate, Internet of Things, elections and voting, and so much more. The utilization of dApps is almost limitless, and their number continues to grow every day, so it’s unclear what more the future will bring. BitDegree approach makes dApp & other blockchain-related information well accessible and easily understandable for everyone globally.
What are the main benefits of dApps?
The main benefit of dApps is that they’re completely free from the control of any single authority and operate by logic of smart-contracts. This means that no individual, no matter how powerful, cannot control the dApp after its smart contract was launched into the blockchain. Moreover, a P2P system ensures that decentralized applications continue to run even if significant parts of the network stop operating. DApps communicate with smart contracts that make the functionality and integration of cryptocurrencies effortless.