The Bitcoin (CRYPTO: BTC) price is down 1% over the past 24 hours.
The world's first crypto is currently trading for US$21,291 (AU$30,886).
That puts the Bitcoin price down 11% since this time last week and down 55% year-to-date.
But not every crypto is in the red today.
In fact, these two lesser-known altcoins just popped 16% and 18% higher.
First up…
Riding high on fan tokens
The Chiliz (CRYPTO: CHZ) price is up 18% over the past 24 hours, currently trading for 22.4 US cents.
Not only do those gains leave the Bitcoin price moves in the dust today, but Chiliz is also up 8% over the past week and 'only' down 24% year-to-date.
The token was launched in 2019. Like most cryptos it reached all-time highs in 2021, topping out at 89.1 US cents on 13 March last year. A bit of maths tells us that puts Chiliz down 75% from its highs, a bit steeper than the 69% retrace in the Bitcoin price from its 10 November 2021 all-time highs.
So what is Chiliz?
CoinMarketCap explains:
Chiliz is the leading digital currency for sports and entertainment. It operates the blockchain-based sports entertainment platform Socios, which enables users to participate in the governance of their favourite sports brands… For sports clubs and associations, fan tokens offer a way of connecting with their fans and unlocking new revenue streams.
At the current price, Chiliz has a market cap of US$1.35 billion, making it the 41st biggest in virtual circulation.
Which brings us to…
Also smashing the Bitcoin price gains today
The second altcoin rocketing higher today is EOS (CRYPTO: EOS).
EOS has gained 16% since this time yesterday, currently trading for US$1.78. The crypto is up 40% over the past seven days and down 43% so far in 2022, beating the Bitcoin price on all those metrics.
The EOS blockchain was launched in 2018. Although prices charged higher in 2021 alongside the wider crypto market rally, EOS hit all-time highs of US$22.89 on 29 April 2018. Despite the past week's strong performance, it's still down 92% from those highs.
If you're unfamiliar with EOS, CoinMarketCap tells us:
The EOS Network is an open-source blockchain platform that prioritises high performance, flexibility, security, and developer experience… EOS is the market's most scalable, divisible, and programmable digital currency. EOS is a Delegated Proof of Stake (DPoS) network where stakeholders have the authority to select node operators.
At the current price, EOS has a market cap of US$1.8 billion, placing it at number 33 on the list of top 100 cryptos.
As for the number one crypto?
At the current Bitcoin price, it has a market cap of US$407.2 billion.
