The whole cryptocurrency market dropped by more than 12%, and the market capitalization also declined below USD 2 trillion. This post is all about the top 5 cryptocurrencies that performed well in the last seven days.
BTC/USD Weekly chart – TradingView
At the time of writing this, the Bitcoin price is sitting at $49,472.68. The BTC price has decreased by almost -17.5% in the last seven days. However, some altcoins performed really well. So, what are the top 5 cryptocurrencies to invest in? Let’s take a look at it in more detail.
5.Top 5 Cryptocurrencies: Terra (LUNA) +7.2%
LUNA/USD Weekly chart – TradingView
According to its website, Terra stablecoins give timely compensations, fair fees, and permanent and swift cross-border exchange. In the last 7 days, the LUNA price has increased by almost +7.2%, just enough for a spot on our top cryptocurrencies list.
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4. Top 5 Cryptocurrencies: PancakeSwap (CAKE) +16.9%
CAKE/USD Weekly chart – TradingView
According to its website, PancakeSwap is a decentralized market for swapping BEP20 tokens. This is executed on the Binance Smart Chain. PancakeSwap utilizes an automated market maker (AMM) design where users exchange against a liquidity pool. In the last 7 days, the CAKE price has increased by almost +16.9%, just enough for a spot on our top 5 cryptocurrencies list.
3.Top 5 Cryptocurrencies: Maker (MKR) +18.5%
MKR/USD Weekly chart – TradingView
Maker is a smart contract platform on Ethereum that supports and preserves the utility of Dai through a progressive method of Collateralized Debt Positions (CDPs), independent feedback mechanisms. In the last 7 days, the MKR price has increased by almost +18.5%, just enough for a spot on our top cryptocurrencies list.
2. Top 5 Cryptocurrencies: Solana (SOL) +67.3%
SOL/USD Weekly chart – TradingView
According to its website, Solana is a single-chain, delegated-Proof-of-Stake contract. Its aim is scalability without losing decentralization or safety. The Solana has gained almost +67.3% in the last seven days, just enough for a spot in our top cryptocurrencies list.
1.Top 5 Cryptocurrencies: Pirate Chain (ARRR) +145.2%
ARRR/USD Weekly chart – TradingView
According to its website, Pirate Chain is a privacy coin. It utilizes a privacy protocol that cannot be jeopardized by other user’s movement on the network. The website further describes that the Pirate Chain utilizes ZK-Snarks to shield 100% of the peer-to-peer transactions on the blockchain. In the last 7 days, the ARRR price has increased by almost +145.2%, just enough for a spot on our top cryptocurrencies list.
