DappRadar, (RADAR), started the day with a 32% surge that traded at a high $0.05849.
At the time this article was written, the coin had fallen to $0.04627. But it was still green thanks to a rise above 7% over the last 24 hours.
Why did DappRadar’s (RADAR) price rise? What’s the cause of DappRadar’s (RADAR) price increase?
Here are the reasons why the coin keeps on rising.
What is DappRadar?
Before diving into why DaapRadar’s (RADAR) popularity is increasing, it is important first to understand what RADAR actually is.
DaapRadar, a decentralized platform for application tracking, hosts various categories of dApps and tracks different chains. It is the most used Dapp tracking platform. It allows users to search the dApp ecosystem, sort Dapps by volume, balance, and users.
There are many DApp categories. These categories include Gambling. Games. Social. DeFi. Exchanges. Marketplaces. Collectibles.
Why is DappRadar’s (RADAR) pricing rising?
The upcoming DApp Store business offering is responsible for the current RADAR price increase.
According to an announcement made by the protocol
“DappRadar, The World’s Dapp Store, has revealed its plans to extend its B2C dApp store offering to business partners, building on its existing decentralized applications data and analytics B2B product and long-standing partnerships with the dApp industry’s premier brands.”