The last week was an exciting week for Bitcoin. On Monday, after a long struggle, the $ 10,000 hurdle was finally cleared. But then it was like a classic pattern. A day later, the mother of all cryptocurrencies again dropped below $ 10,000 and now it has been tumbling around $ 9,500.
Other cryptocurrencies fared better. Some were able to achieve sustainable price gains. These are the top 5 cryptocurrencies of the last week:
1. Divi +110 %
Divi is a proof-of-stake masternode blockchain. The development team has set out to build a user-friendly, easy-to-use blockchain. The project is currently number 65 at Coingecko.
Divi has been at the forefront of the Masternode and it has only recently made it into the top 100 in the list of the largest cryptocurrencies by market capitalization. This could be one of the reasons behind the increase.
2. Loopring +68.5 %
Loopring is an open protocol for scalable, decentralized exchanges on Ethereum. Zk-snarks are used to achieve scaling. Loopring Pay was activated on Saturday that enables fast payments. This has probably pushed LRC’s price.
3.Zilliqa +57.7 %
The coin has had another strong week. Zilliqa is a blockchain that focuses on sharding as an innovation. The coin advanced from 48th place last week to 37th place on Coingecko.
Due to the hype from the previous weeks, the project attracted attention and attracted further investors who are probably enthusiastic about the concept.
4.Wax +53.2 %
Wax is a blockchain that is based on the EOSIO protocol. It wants to be the No. 1 in the NFT and NFT games area. A major event on the blockchain was the issuance of Topp’s digital trading cards that were sold out within 28 hours.
5.Crypto.com (CRO) +26,6 %
Crypto.com is a platform that offers a wallet with which users can trade, borrow, and lend cryptocurrencies. There is also a visa card that you can use to issue cryptocurrencies in a classic way. The project operates 2 tokens on the Ethereum blockchain. MCO and CRO. MCO is the initial token for the ICO and can be used for benefits or higher interest rates. CRO is a user token that is used for the company’s native blockchain (transactions, payments). CRO is currently number 12 on Coingecko.
Last week it was announced that the company is the first crypto company to receive an ISO / IEC 27701: 2019 certificate. This is given only if certain requirements regarding privacy and security are met. That should have driven the course of CRO.
You might also like
More from Altcoin
After a brief consolidation, some cryptos are witnessing a risky price action. Let's talk about the 3 risky cryptos that …
Should you consider buying DOGE today? In this Dogecoin price prediction article, we analyze prices from a technical perspective.