The crypto market had a fantastic last few days. Most tokens managed to gain ground, gaining an average of 8%. Prices, however, appear to be adjusting as Bitcoin drops again, edging closer to the psychological price of $20,000. Other tokens, on the other hand, appear to be soaring even higher in the last 24 hours of this adjustment. 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.
5. Top 5 Cryptocurrencies: Algorand (ALGO) +25.34%
NOW LIVE: @FIFAcom makes digital history with the launch of @FIFAPlusCollect powered by #Algorand! Fans around the world will now have the opportunity to affordably own the greatest moments in football 👉 https://t.co/2Pk9NdBGB5 pic.twitter.com/uN5k2hfBeu— Algorand (@Algorand) September 22, 2022
Algorand, according to its website, is a developed cryptocurrency that operates in the same context as networks such as Ethereum, Cardano, and Solana. It describes itself as the most decentralized, scalable, and safe blockchain available. The Algorand Foundation, which is responsible for the project, has designated itself the assignment of addressing the so-called blockchain trilemma. Algorand works hard to maintain security, decentralization, and scalability. The ALGO price has increased by nearly +25.34% in the last 7 days, earning it a spot on our top cryptocurrencies list.
4. Top 5 Cryptocurrencies: Loopring (LRC) +29.96%
ICYMI✨@GameStopNFT is live on Loopring L2💙#NFT creators + collectors are no longer constrained by costly gas fees— Loopring💙🏴☠️ (@loopringorg) July 27, 2022
Now anyone can trade and mint NFTs for a fraction of the cost without sacrificing on security
The Loopring project aims to make it easier and faster for traders to carry out transactions or make payments on Ethereum. These features are enabled by the platform without jeopardizing security. One could argue that Loopring is a platform designed to aid in the development of Ethereum-based decentralized exchanges using order books. The platform enables traders to execute transactions at a predetermined market price without holding their funds. It’s not like a centralized exchange, where the platform takes the funds from the seller before crediting them to the buyer. Loopring is a Layer 2 scaling solution built on Ethereum. Although Layer 2 platforms strive to provide faster and cheaper services, they adhere to the Layer 1 protocol’s security. In the last 7 days, the LRC price has increased by almost +29.96%, just enough for a spot on our top cryptocurrencies list.
3. Top 5 Cryptocurrencies: OKB (OKB) +37.94%
🚀 All systems are go 🚀#WhatIsOKX? Perfume? Race car? Rap song? Cereal? Wrestler? Energy drink?— OKX (@okx) September 8, 2022
We’re your new favorite #crypto trading app 📲
The future is tradeable – switch to OKX today: https://t.co/b4OA4p6Azx pic.twitter.com/XTspylXD2L
OKB is a utility token that operates on the Ethereum platform, according to its website. The OK Blockchain Foundation distributes it. To limit supply, the foundation systematically burns OKB tokens. This raises the price and encourages users to keep their tokens. The OKB price has increased by nearly +34.94 in the last 7 days, earning it a spot on our list of the top cryptocurrencies.
2. Top 5 Cryptocurrencies: Chiliz (CHZ) +37.36%
𝐒𝐜𝐨𝐯𝐢𝐥𝐥𝐞 𝐓𝐞𝐬𝐭𝐧𝐞𝐭 𝐏𝐡𝐚𝐬𝐞 𝟒 – CAYENNE is LIVE! 🌶️— Chiliz ($CHZ) – Powering Socios.com ⚡ (@Chiliz) October 24, 2022
Introducing the Chiliz Chain 2.0 Developer Guide & GitHub repo 🧑💻🎉
All the information you need to start building a local node is now available ✅#ChilizScoville ⚡️ $CHZ
Chiliz (CHZ) involves targeting sports and entertainment fans. Chiliz was created by Mediarex Group, a global sports and entertainment corporation based in Malta. Football clubs Juventus, Paris Saint-Germain, Atlético de Madrid, Galatasaray, A.S. Roma, West Ham, Independiente, and Dota 2 E-sports champions OG are among Chiliz’s noticeable clients. Binance, OK Blockchain Capital, and Ceyuan Ventures all contributed more than $60 million to the project. The CHZ price has increased by nearly +37.36% in the last 7 days, earning it a spot on our list of the top cryptocurrencies.
1.Top 5 Cryptocurrencies: Arweave (AR) +43.64%
📢Happy to announce that @Meta is now utilizing Arweave for the storage of their creator's digital collectibles on @instagram!— Arweave Team (@ArweaveTeam) November 2, 2022
Bringing data permanence to the giants of web2!https://t.co/7HbquIsMJg pic.twitter.com/TFef5WhrN3
Arweave, according to its website, is a new type of warehouse that holds data with tolerable and long-term benefits, allowing users and developers to save data indefinitely. The AR price has increased by nearly +43.64% in the last 7 days, earning it a spot on our list of the top cryptocurrencies.
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