The most dreaded day in the crypto market finally arrived. Every single cryptocurrency dropped massively in valuation. Yet, this post is all about the top 5 cryptocurrencies that performed excellently in the last seven days. Investors are hurrying to understand why this occurred, while tokens are falling more and more value. At the time of writing this, the Bitcoin price is sitting at $49,023.25. Let’s take a look at it in more detail.
5. Top 5 Cryptocurrencies: Bitcoin Cash ABC (BCHA) +6%
Bitcoin Cash ABC (BCHA) is a hard fork obtained from Bitcoin Cash. It has certainly related qualities of Bitcoin Cash, but, BCHA carries a miner’s tax where 8% of the mining awards will be shared with the protocol development investment. In the last 7 days, the BCHA price has increased by almost +6%, just enough for a spot on our top cryptocurrencies list.
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4.Top 5 Cryptocurrencies: Stacks (STX) +13.4%
Stacks is a platform that supports the application of smart contracts and decentralized applications. It unfolds its potential from Bitcoin, as it depends on it for the security and execution of transactions. In the last 7 days, the Stacks price has increased by almost +13.4%, just enough for a spot on our top cryptocurrencies list.
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3. Top 5 Cryptocurrencies: LEO Token (LEO) +17%
The LEO Token is a stock token of the Bitfinex crypto exchange. It is the utility token designed for application on the Bitfinex exchange and other trading platforms maintained by iFinex. The token is expected to grow the Bitfinex community and enhance the platform’s performance. In the last 7 days, the LEO price has increased by almost +17%, just enough for a spot on our top cryptocurrencies list.
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2.Top 5 Cryptocurrencies: Polygon (MATIC) +19.4%
The Matic Network is a platform built for Ethereum scaling and infrastructure expansion. This Layer 2 scaling solution is supported by Binance and Coinbase and is already utilized by many projects like Aavegotchi and others. It’s a project aimed at enhancing the current Ethereum ecosystem by giving more extraordinary throughput and dealing with the huge gas fees. In the last 7 days, the MATIC price has increased by almost +19.4%, just enough for a spot on our top cryptocurrencies list.
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1.Top 5 Cryptocurrencies: Terra (LUNA) +66%
Terra is a blockchain that utilized stablecoins to facilitate price assurance in global payment systems. In fact, they deserve to join price security and fiat money by allowing Bitcoin (BTC), thus allowing cheap reimbursements. In the last 7 days, the LUNA price has increased by almost +66%, just enough for a spot on our top cryptocurrencies list.
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Top 5 Cryptocurrencies of the Week -(Week 49)