With the majority of cryptocurrencies in the red today, let’s take a look at the top crypto performers for the day so far: Ignis, SIRIN LABS (SRN), and Revain (R).

Ignis

Ignis is currently the top performer of the day, up 22.35% in the past 24 hours. The IGNIS token is selling for $0.547636, and Ignis is ranked as the 62nd cryptocurrency by market cap.

Ignis is the first child chain on the Ardor blockchain. Ignis will have all of the Nxt blockchain features, as well as the Ardor platform specific enhancements. Some of these features include account control, secure messaging, a marketplace, and coinshuffle.

Ignis is almost like the test-run for child chains for Ardor, showing the way for other blockchain platforms looking to move into the child chain process. Its August ICO managed to raise $15 million.

 Source: CoinMarketCapArdor launched on January 1st, 2018, and on that date, IGNIS was made available on any and all Nxt wallets. In the following days, Ignis was at its highest but it has since dropped off, and although it is up now, I don’t know if it will be recovering to its above $2.00 price from the beginning of January.

What do you think?