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.
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%
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%
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%
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%
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%
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.
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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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