This post is all about the top 3 cryptocurrencies that performed exceptionally well in the past 30 days. The last few days were tough for the cryptocurrency market. Many cryptos corrected massively, excluding weeks of green gains. On the opposite, some coins still performed exceptionally well.
1. Dogecoin (DOGE) +450%
Dogecoin is an open-source cryptocurrency that is used by internet users globally. It is based on Litecoin, meaning that all extensions will also be made to Dogecoin. In the last 30 days, the DOGE price has increased by almost +450%. This is one of the top 3 cryptocurrencies that performed exceptionally well in the last 30 days.
2. Ethereum Classic (ETC) +170%
According to its website, Ethereum Classic is a distributed network. It comprises a blockchain ledger and a native cryptocurrency (ETC). This distributed platform administers smart contracts. In the last 30 days, the ETC price has increased by almost +170%. This is one of the top 3 cryptocurrencies that performed exceptionally well in the last 30 days.
3. Solana (SOL) +140%
Solana is a single-chain, delegated-Proof-of-Stake contract. Its aim is scalability without losing decentralization or safety. The Solana has gained almost +140% in the last 30 days. This is one of the top 3 cryptocurrencies that performed exceptionally well in the last 30 days.
As we know that Biden stated on the 23rd of April 2021, that he is planning to tax nearly 40% of individuals who are making more than USD 1 million. Crypto whales normally influence profoundly the crypto market, and many viewed this statement as intimidation to their capital gains. They most likely determined to liquidate earnings made to evade spending capital taxes later when taxes are realized. Many crypto millionaires asked for shelter in this tax haven, but obviously, not anymore.
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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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