The bear market has upset many people. Yet, this post is all about the top 5 cryptocurrencies that have earned excellently 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 $22,389.74. Let’s take a look at it in more detail.
5.Top 5 Cryptocurrencies: EOS (EOS) +23.3%
EOS is a delegated Proof of Stake blockchain (dPoS). The project backs smart contracts and can manage a high number of transactions per second (TPS). This is accomplished by having a restricted amount of nodes (21), that offer the new blocks. EOS has had the biggest ICO to date, bringing in over $4 Billion. In the last 7 days, the EOS price has increased by almost +23.3%, just enough for a spot on our top cryptocurrencies list.
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4.Top 5 Cryptocurrencies: Axie Infinity (AXS) +24.8%
Axie Infinity is categorized as an NFT game, that permits people to make money from playing the game as they breed, race, battle, and exchange Axie creatures in the marketplace. Axie Infinity’s goal was to work in a fun and enlightening manner to introduce the world to blockchain technology. In the last 7 days, the AXS price has increased by almost +24.8%, just enough for a spot on our top cryptocurrencies list.
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3.Top 5 Cryptocurrencies: Fantom (FTM) +26.6%
Fantom was designed to resolve specific restrictions that have earlier decreased the performance of blockchain platforms. Fantom proclaims to solve a Blockchain Trilemma, which is the power to negate decentralization, pace, and security in the Defi sector, a difficult feat to date. To accomplish this, Fantom deploys its permissionless protocol, utilizing the aBFT to solve problems stemming from decentralization and security before solving speed problems as transactions are carried out asynchronously. In the last 7 days, the FTM price has increased by almost +26.6%, just enough for a spot on our top cryptocurrencies list.
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2.Top 5 Cryptocurrencies: ApeCoin (APE) +37.5%
ApeCoin is the administration and local cryptocurrency of the Bored Ape Yacht Club. Its configuration permits it to grow into the decentralized protocol layer for activities within the community and its environment. It is also an ERC-20 token that developers employ to permit and incentivize decentralized community design at the forefront of web3. Token holders drive themselves via the decentralized governance framework governing the ApeCoin DAO. In the last 7 days, the APE price has increased by almost +37.5%, just enough for a spot on our top cryptocurrencies list.
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1.Top 5 Cryptocurrencies: Ethereum Classic (ETC) +50%
Ethereum Classic is a decentralized network that utilizes smart contracts to operate decentralized applications. The network started operation in 2016 due to a hack of The DAO- a smart contract running on the Ethereum network. Like Ethereum, it is an open-source and blockchain-based distributed cryptocurrency that operates on smart contracts. It is extremely identical to Ethereum because they share the exact source and same origin. In the last 7 days, the ETC price has increased by almost +50%, just enough for a spot on our top cryptocurrencies list.
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