We’re in for another weekly recap, where we look at how the ten best tokens in the market fared in the past seven days. Also, we will report which were the best performing tokens in that same period, to take a look at which projects are raising some eyebrows around the crypto community. Let’s go right ahead:
Top 10 Cryptocurrencies - Market Value
1 - BTC: $9922.66, with a change of -4.22% since yesterday and 0.25% since last week.
2 - ETH: $267.19, with a change of -6.51% since yesterday and 19.71% since last week.
3 - XRP: $0.3152, with a change of -6.27% since yesterday and 13.54% since last week.
4 - BCH: $438.59, with a change of -11.21% since yesterday and -1.31% since last week.
5 - BSV: $308.21, with a change of -14.77% since yesterday and -8.03% since last week.
6 - LTC: $77.55, with a change of -6.81% since yesterday and 1.17% since last week.
7 - EOS: $4.649, with a change of -13.36% since yesterday and -2.33% since last week.
8 - USDT: $1, with a change of 0.00% since yesterday and 0.02% since last week.
9 - BNB: $24.42, with a change of -7.39% since yesterday and 12.07% since last week.
10 - XTZ: $3.135, with a change of -10.17% since yesterday and 36.66% since last week.
The market is on the move! With recent spikes in activity and trading volume, the value of the main tokens in the market, especially BTC, go up in healthy ways. This is the main reason why Bitcoin is rounding, and even broke, the $10,000 mark. After a $500 spike in value on Tuesday, where BTC surpassed $10,200, it has bounced back and is currently trading around the $9,900 mark.
A different situation happened with another big token: ETH. Instead of a big bounce, ETH climbed steadily throughout the whole week, growing nearly 20% thanks to a strong rallying trend taking place in the market of decentralized finance platforms (DeFi), and most of those are built based on Ethereum’s network.
It has been quite an interesting year for cryptocurrency in the six weeks that have already passed, with issues related to traditional politics and economics are driving more and more attention to this kind of alternatives, and more traffic definitely means growth, not only in value, but also in reach and understanding, which ultimately leads to total adoption. We will have to wait and see how the situation evolves as the year progresses.
Top 10 Cryptocurrencies - Performance
1 - UBT: $0.1903, with a change of 258.91% since last week.
2 - BTX: $0.5427, with a change of 215.71% since last week.
3 - POWR: $0.1447, with a change of 170.21% since last week.
4 - LND: $0.002185, with a change of 165.92% since last week.
5 - FXT: $0.001882, with a change of 157.38% since last week.
6 - HBAR: $0.05109, with a change of 145.12% since last week.
7 - KNC: $0.4621, with a change of 130.17% since last week.
8 - WAXP: $0.06277, with a change of 100.67% since last week.
9 - RIF: $0.09396, with a change of 83.40% since last week.
10 - XDN: $0.0007946, with a change of 67.63% since last week.
This means our feature for next week will cover Unibright, a project that aims their efforts into creating options for integrating blockchain technologies into existing business models, offering solutions for projects in every stage of their development.