Bitcoin now seems to have joined a bear market. With the latest crash under the $30,000 mark, even the last idealists had to admit that we are shifting into a bear market. Yet, some cryptocurrencies are performing well. This article is all about the top 5 cryptocurrencies that displayed good performance in the last seven days. Let’s take a look at it in more detail. At the time of writing this, the Bitcoin price is sitting at $28,984. Let’s take a look at it in more detail.
BTC/USD Weekly chart – TradingView
5.Top 5 Cryptocurrencies: Tezos (XTZ) +5.7%
XTZ/USD Weekly chart – TradingView
Tezos is a smart contract backing blockchain. It is constructed on a delegated Proof of Stake (dPoS). The project had a very prosperous ICO but came under heavy criticism after conflicts with the funds‘ manager lead to a freeze of financing and a suspension in development. Tezos overcame these issues and has demonstrated itself as one of the top projects after that. In the last 7 days, the native token XTZ price has increased by almost +5.7%, just enough for a spot on our top cryptocurrencies list.
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4.Top 5 Cryptocurrencies: TRON (TRX) +8.8%
TRX/USD Weekly chart – TradingView
Tron is a delegated Proof of Stake blockchain (dPoS). There are 27 block producers, that calculate the existing state and submit the new blocks. The project is well-known for the fierce marketing style of its founder Justin Sun. It’s also infamous for its dynamic approach to developing other projects such as Bittorrent and Steem. In the last 7 days, the native token TRX price has increased by almost +8.8%, just enough for a spot on our top cryptocurrencies list.
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3. Top 5 Cryptocurrencies: Ethereum Classic (ETC) +11.2%
ETC/USD Weekly chart – TradingView
Ethereum Classic is a decentralized network that utilizes smart contracts to run decentralized applications. The network started to function in 2016 due to a hack of The DAO. DAO is a smart contract running on the Ethereum network. Like Ethereum, it is an open-source and blockchain-based circulated cryptocurrency that operates on smart contracts. It is identical to Ethereum because they convey the exact source and common origin. In the last 7 days, the native token ETC price has increased by almost +11.2%, just enough for a spot on our top cryptocurrencies list.
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2.Top 5 Cryptocurrencies: Chain (XCN) +93%
XCN/USD Weekly chart – TradingView
According to its website, Chain is a blockchain-based project. The project’s purpose is to promote a smarter and more interconnected economy. They create cryptographic ledgers that support financial products and services. In the last 7 days, the native token XCN price has increased by almost +93%, just enough for a spot on our top cryptocurrencies list.
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Top 5 Cryptocurrencies: Evmos (EVMOS) +94.3%
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According to its website, Evmos is an Inter-Blockchain Communication protocol. It means layers of blockchain. It is presently the safe and decentralized method to transfer assets across various blockchains, opening interoperability across numerous chains. The project aims to align the stakes of all the participants and make blockchain more manageable for everyone to use. In the last 7 days, the native token EVMOS price has increased by almost +94.3%, just enough for a spot on our top cryptocurrencies list.
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