Which cryptocurrency owners were able to enjoy strong price gains this week? Well, these five coins from the top-100 coins in terms of market capitalization did particularly well. The previous week report can be found here.
1. Thundercore +74.5%
Last week Thundercore narrowly won the race. The project was ranked fourth last week. Thundercore is a smart contract platform. One strength is the support of Ethereum’s virtual machine. In addition, stablecoins are supported. Thundercore is designed for dApps and distributed data storage. For the current increase, just as last week, no special reason could be found. Thundercore can be traded on Huobi Global and other platforms. .
2. Chiliz +74%
Chiliz already secured first place in our weekly review a few weeks ago. This time the cryptocurrency just missed its old rank and lands on the 2nd. Chiliz is a token for sports fans. At sports clubs that support the socios.com platform, the fan can vote in the Chiliz tokens or can help shape various things. Currently, the football clubs supported are Roma, Juventus, Westham, Galatasaray, Paris St. Germain or Atletico Madrid. Chiliz can be traded on Binance and others.
3. Lambda + 47.5%
Lambda is working on decentralized storage solutions. The centralized equivalents would be Google Drive, Dropbox and Co. We could not find a specific reason for Lambda’s so much growth last week.
Lambda is traded more in Asian markets. Most trading volume is currently coming from HCoin .
4. ODEM + 41.5%
ODEM stands for “On Demand Education Marketplace”. Students or learners can buy a variety of learning content on the platform. Another important innovation is the prevention of counterfeit academic titles. One reason for the increase of cryptocurrency last week could have been the announcement of the integration of the token into the Eidoo Wallet. ODEMs are traded on KuCoin and other platforms.
5. Augur + 36.5%
Augur is a forecasting market based on the Ethereum Blockchain. You can make bets on future events, but also advertise or define bets. The increase last week could be due to the release of a new App version of Augur on November 1st.
Augur is available on Binance .
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Disclaimer: The authors of this website may have invested in crypto currencies themselves. They are not financial advisors and only express their opinions. Anyone considering investing in crypto currencies should be well informed about these high-risk assets.
Trading with financial products, especially with CFDs involves a high level of risk and is therefore not suitable for security-conscious investors. CFDs are complex instruments and carry a high risk of losing money quickly through leverage. Be aware that most private Investors lose money, if they decide to trade CFDs. Any type of trading and speculation in financial products that can produce an unusually high return is also associated with increased risk to lose money. Note that past gains are no guarantee of positive results in the future.
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