March and April were among the craziest months for crypto in recent memory. A significant price movement was observed across the board. Some of the price movements were downright brutal, when BTC dropped from the $100,000 mark to the $70,000 bracket. This was one of the most remarkable dips in recent history.
However, this month also saw some interesting additions to the mix as the market is stabilizing itself. More and more players are entering the arena. In this article, we will examine some of the key players who have entered the crypto landscape over the last one to two months.
Parfin
One of the top new cryptos that needs to be followed is Parfin. This is one of the most notable crypto projects of the last few decades, thanks to its unique features. The project is still in its infancy, having already secured over $32 million in funding. Key investors in the sector include Mastercard, Valor Capital, ParaFi Capital, and Framework Ventures.
Parfin’s Rayl Blockchain aims to bridge the gap between traditional and decentralized finance. On the other hand, Rayls, developed by Parfin, is one of the most notable Layer-2 blockchains for ETH. This project primarily focuses on scalability, privacy, and interoperability. Therefore, the token offers some amazing scalability.
Nous
Nous has already been the centre of our attention due to its all-mew stance and investment made by Paradigm, along with names like North Island Ventures, Delphi Labs, and Distributed Global.
Out of all the investors, Paradigm is believed to be the biggest contributor with a total contribution of $50 million. The primary aim of the project is to build an AI-powered ecosystem that will help users to take assistance from AI for more accurate trades.
Movement
In the final week of April, Movement was unveiled. Movement was already a popular choice during its beta phase and its functioning in the Parthenon ecosystem. This project has already raised over $41 million. The primary investors of the project are Hack VC, OKX Ventures, YZi Labs, and Polychain Capital.
The investors and farmers have flocked to the ecosystem as the toklen began its airdrop on April 17th. In hindsight, this could alter the landscape’s dynamic and make things more organic or robust.
