The cryptocurrency market is displaying crazy behavior. The major cryptocurrencies like Bitcoin, Ethereum, and Ripple are displaying great performance but some of the altcoins are also on a drive. Here are the top 5 performing cryptocurrencies of the week (week-16). Let’s take a look at it in more detail.
5. Aave +54.1%
AAVE/USD Weekly Chart: Tradingview
Aave is a decentralized lending platform based on Ethereum. The project has seen phenomenal growth since the introduction of lending pools. Anyone can use Aave to lend out or borrow Ether and ERC-20 tokens. Aave is seen as an innovative project. In the last 7 days, the Aave price has increased by almost +54.1%, just enough for a spot on our top 5 cryptocurrencies list.
>> Click here to buy Aave! <<
4. Vitae +63.1%
VITAE/USD Weekly Chart: Tradingview
Vitae Token is a PivX fork. It uses a chain of Masternodes/ Supernodes for decentralized governance and enhanced transaction secrecy. It aims to increase global expansion. According to its website, Vitae is not just a token. Its purpose is to give prosperity through POS (Proof Of Stake), Master Node, Super Node, and a Social Rewards Website. In the last 7 days, the VITAE price has increased by almost +63.1%, just enough for a spot on our top 5 cryptocurrencies list.
>> Click here to buy VITAE <<
3. Uniswap +66.1%
UNI/USD Weekly Chart: Tradingview
Uniswap is a decentralized exchange (DEX) built on Ethereum smart contracts. The product is simple. It enables the exchange of ERC-20 coins against ETH or other ERC-20 coins while keeping full custody of the assets, i.e. custody of the assets is not given to a centralized third party. In the last 7 days, the UNI price has increased by almost +66.1%, just enough for a spot on our top 5 cryptocurrencies list.
>> Click here to buy UNI <<
2. Thorchain (RUNE) +67.9%
RUNE/USD Weekly Chart: Tradingview
According to its website, THORChain promotes cross-chain liquidity pools with no pegged or wrapped tokens. In the last 7 days, the RUNE price has increased by almost +67.9%, just enough for a spot on our top 5 cryptocurrencies list. The announcement of an experimental uniswap-like interface that interacts directly with THORChain could be one of the reasons behind the price rise.
>> Click here to buy RUNE! <<
1. Sushi (SUSHI) +93.2%
SUSHI/USD Weekly Chart: Tradingview
Sushi strives to change the AMM market and also add extra characteristics not earlier present on Uniswap, such as enhanced rewards for network members through its in-house token, SUSHI. Sushi was launched in September 2020 as a fork of Uniswap. In the last 7 days, the SUSHI price has increased by almost +93.1%, just enough for a spot on our top 5 cryptocurrencies list.
>> Click here to buy SUSHI! <<
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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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