While the heavyweights of the cryptocurrency league have been stalling for the last two weeks, unable to make a decisive move in either direction, traders must have been exploring new opportunities for money-making closer to the middle of the ranking table. Believe it or not, there are several decent cryptocurrencies in that region, one of which is TomoChain (TOMO).
From the fundamental standpoint, TOMO is a blockchain ecosystem built on the foundation of the PoS voting consensus specifically for business entities that are willing to explore the perks of decentralized finance (DeFi). The coin was listed on the exchanges in April 2018 and had almost immediately reached the all-time high at $2.3, followed by a deep dive to the lowest price level at $0.14, recorded on the notorious March 13.
A green month for TOMO
Even though TOMO occupies a not-so-prestigious 125th rank, it boasts a combination of good fundamentals, decent market capitalization ($23.4 million), and very impressive average trading volume - $22,9 million, which is considerably larger than that of the neighboring cryptocurrencies. Moreover, TomoChain has proven to be a steady gainer, especially in the period after the market collapse.