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Social tokens are a new trend in the cryptocurrency market. They are simply a cryptocurrency that can be used to monetize themselves by creators, influencers, or brands.
These tokens eliminate middlemen and allow creators to keep all of their earnings, as well as their artistic control. Let’s look at the top 10 social-money cryptocurrencies.
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10 Biggest Social Money Cryptocurrencies
To rank the top 10 social money cryptocurrencies, we used the market capitalization for social money tokens as of September 8, 2022. We used the coinmarketcap.com market capitalization data for most tokens.
1. BBSCoin (BBS)
This token is for internet forums. BBSCoin is designed to allow people to monetize virtual credits earned on internet forums. BBS has increased by more than 20% in the past year and almost 38% in just 30 days.
BBS trades at $0.0000005736 as of the writing of this article, which gives it a market capitalization greater than $0.05 million. Its all-time high was $0.00004102 in June 2019, and its lowest point was $0.0000001899 in June 2022.
2. Yup (YUP)
It uses its Yup Protocol to reward good opinions on the internet. This is a semi-autonomous, decentralized social consensus protocol. YUP has fallen by nearly 99% in the past year and almost 26% in 30 days.
YUP trades at $0.01127 as of writing. This gives it a market capitalization greater than $0.072million. Its all-time high was $5.90 in November 2021.
3. Zoracles (ZORA)
It is a DeFi Oracle platform and aims to create a liquidity swap ecosystem that provides users with capital, data, and tools. ZORA has fallen by more than 58% over the past year but is up by more than 81% over the last 30 days.
ZORA trades at $82.69 as of the writing of this article, which gives it a market capitalization greater than $0.41 million. Its all-time high was $3,767.38 in November 2021.
4. Props Token (PROPS)
It empowers users to help digital communities thrive and builds a stronger association between app developers, and their users. PROPS has fallen by nearly 87% over the past year and more than 25% in the last thirty days.
PROPS trades at $0.0009643 as of writing. This gives it a market capitalization greater than $0.49 million. It currently trades at $0.1926 (May 2021), and $0.0006098 (July 2022).
5. HollyGold (HGOLD)
It is a blockchain-based Hollywood movie production house that wants token holders to be indirectly involved in the production of movies. HGOLD has fallen by more than 37% over the past year and almost 24% in just 30 days.
HGOLD trades at $0.1739 as of writing. This gives it a market capitalization greater than $0.77 million. Its all-time high was $14.65 in January 2021 and its lowest point was $0.1179 in May 2021.
6. Onooks (OOKS)
OOKS aims at creating an interoperable, integrated open finance and monetary protocol system. It ultimately wants to disrupt traditional financial systems. OOKS has fallen by more than 58% over the past year and 13% over the last 30 days.
OOKS trades at $0.2376 as of the writing of this article, making it more than $2.60million in market capitalization. Its all-time high was $1.83 in November 2021 and its lowest point was $0.06872 in October 2021.
7. MORK (MORK)
Hackatao’s digital community and the Hackatao collective use it as social money. MORK has fallen by nearly 90% over the past year and more than 23% in just 30 days.
MORK trades at $0.3646 as of the writing. This gives it a market capitalization greater than $3 million. Its all-time high was $30.26 in November 2021.
8. Friends With Benefits Pro
It is a DAO and cryptocurrency-governed platform for artists and creators. FWB aims at using Web3 tools to create an environment for artists and creators to express their creativity in different forms. FWB has dropped by more than 83% over the past year and almost 7% in 30 days.
FWB trades at $10.27 as of the writing of this article, which gives it a market capitalization greater than $6 million. It currently trades at $10.27, with a record high of $628.02 in November 2021 and a low of $4.23 in June 2021.
9. WHALE (WHALE)
It is a social currency that can be backed by NFT or tangible assets. WHALE is an asset-backed currency. Its value comes from digital art and collectibles, rather than gold. WHALE has fallen by nearly 92% over the past year and almost 37% in 30 days.
WHALE trades at $1.13 as of the writing of this article, which gives it a market capitalization greater than $10 million. Its all-time high was $61.77 in November 2021 and its lowest point was $1.07 in September 2022.
10. Rally (RLY)
It is an Ethereum token that was launched in 2020. To build communities around a brand, this network uses content-sharing and crypto token rewards to dole out rewards. RLY has fallen by almost 27% in the past 30 days and more than 91% over the previous year
RLY trades at $0.03138 as of writing. This gives it a market capitalization greater than $100 million. Its all-time high was $1.40 in April 2021 and its lowest point was $0.02908 in June 2002.
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