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Top 5 cryptocurrencies to watch right now

QNT, LUNA, RUNE, OKB, and AMP are the top 5 cryptocurrencies that showed the highest growth in the last 7 days and that may continue to attract buying

Alejandro Navarro

Alejandro Navarro

August 4, 2021 7:38 AM

Top 5 cryptocurrencies to watch right now

QNT, LUNA, RUNE, OKB, and AMP are the top 5 cryptocurrencies that showed the highest growth in the last 7 days and that may continue to attract buying interest in the short term.

5) AMP

AMP, the internal token of the cryptocurrency payments application Flexa, grew 43.9% in the last 7 days, reaching $0.071 per unit. The cryptocurrency is ranked 32 on CoinMarketCap. AMP has a market capitalization of $2,998,736,338.

Flexa describes itself as the “first digital currency payment option for retail.” It aims to offer a global solution for the acceptance and spending of cryptocurrencies. Its previous infrastructure token, Flexacoin (FXC), became AMP late last year as part of a renovation. AMP seemed to do better than the original almost instantly, and throughout 2021 it has risen in value, starting at $0.006 and being worth $0.07 to date.

Amp claims to offer a simple yet versatile interface for verifiable warranty through a partitioning system and warranty managers.

4) OKB (OKB)

The OBK token grew 47% in the last 7 days, reaching $ 18.02 per unit. The cryptocurrency, ranked 72nd on CoinMarketCap, has a market capitalization of $ 1,081,250,690.

OKB is a cryptocurrency that launched by the OK Blockchain Foundation and the Maltese cryptocurrency exchange, OKEx. The exchange is one of the largest in the world. It currently ranks third in liquidity, fourth in trading volume, and offers a wide selection of trading pairs. OKEx is similar in many ways to the giant cryptocurrency exchange Binance, but there are a few key differences. The OKEx platform has its own cloud mining service. Additionally, the company is more focused on offering trading options for users.

The OKB token plays an important role in the OKEx ecosystem. It allows users to receive up to a 40% discount on transactions (depending on the number of tokens the user has).

3) THORChain (RUNE)

RUNE is the token of the THORChain protocol. It grew 47.88% in the last 7 days, reaching $5.27 per unit. The cryptocurrency, ranked 66th on CoinMarketCap, has a market capitalization of $ 1,234,430,374.

THORChain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets through a variety of networks without losing full custody of their assets in the process. It is not profit-oriented. All fees generated by the protocol go directly to users, and there are no provisions for the team, which is incentivized simply by holding its token (RUNE). That’s why THORChain is on the list of the top 5 cryptocurrencies to watch this year.

2) Terra (LUNA)

LUNA, the token of the Terra protocol, grew 50.10% in the last 7 days, reaching $10.47 per unit. The week before it had dropped to $ 5.58. The cryptocurrency, ranked 26th on CoinMarketCap, has a market capitalization of $ 4,350,943,013.

Terra is a blockchain protocol that seeks to differentiate itself through the use of stablecoins pegged to fiat currencies, claiming that it combines the borderless benefits of cryptocurrencies with the daily price stability of fiat currencies. Terra’s native token, LUNA, is used to stabilize the price of the protocol’s stablecoins. LUNA holders can also submit and vote on governance proposals.

1) Quant (QNT)

And now we reach the last of our top 5 cryptocurrencies. QNT, the token of the Quant project, grew 79.3% in the last 7 days, becoming the cryptocurrency with the highest weekly growth. It reached $129.58 per unit. QNT, ranked 59th on CoinMarketCap, has a market capitalization of $ 1,571,620,454.

Alejandro Navarro
Article By

Alejandro Navarro

I worked as a Financial Analyst for Bloomberg. Co-founder of inverligentes.com Passionate about cryptocurrencies, blockchain and everything related.

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