It seems that not much happening in the world of cryptocurrency. The crypto market is displaying stability for the past two weeks. At the time of writing this, the Bitcoin price is sitting at 18900.00 but the BTC price has decreased by almost -1.2% in the last 7 days.
In the last seven days, the market has not demonstrated a great change. Still, some altcoins are displaying good progress. Here are the top 5 performing cryptocurrencies of the week (week-20). Let’s take a look at it in more detail.
5. Monero XMR (+8.9%)
Monero is a privacy coin. According to its website, Monero is fast, private, and secure and users can use it securely, knowing that others cannot see their balances or follow their activity. The XMR price has increased by almost +8.9% in the last 7 days, just enough for a spot in our top 5 cryptocurrencies list.
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4. OKB (+9.2%)
According to its website, OKB is a utility token that operates on the Ethereum platform. It is distributed by the OK Blockchain Foundation with a sum of 300 million. The foundation burns OKB tokens periodically to decrease supply. This increases the price and helps users to hold tokens. The OKB price has increased by almost +9.2% in the last 7 days, just enough for a spot in our top 5 cryptocurrencies list.
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3. Elrond (+18.2%)
Elrond was by far the best performing cryptocurrency and DeFi project in the first quarter of 2020. The coin was in our top 5 cryptocurrencies last week. This week too it is displaying good performance. The price of ERD was as low as $0.0006 in March 2020 and peaked at $0.0295 within just a few days. ERD/USDT was up by more than 5,100% in just 4 months. In the last 7 days, the Elrond price has increased by almost +18.2%, just enough for a spot on our top 5 cryptocurrencies list.
2. NEXO (+18.4%)
According to its website, NEXO (NEXO) is a pliant token that is supported by the underlying assets of Nexo’s loan portfolio. It gives consistent passive income to token holders in the form of 30% of the company’s profits. In the last 7 days, the NEXO price has increased by almost +18.4%, just enough for a spot on our top 5 cryptocurrencies list.
>> Click here to buy NEXO <<
Blockstack STX (+30.4%)
Blockstack wants to create a new kind of decentralized Internet where users own their data and applications run locally. The only thing users need is a browser. In the last 7 days, the STX price has increased by almost +30.4%, just enough for a spot on our top 5 cryptocurrencies list.
The above are the top 5 performing cryptocurrencies. The other two major cryptocurrencies Ethereum and Ripple displayed slightly poor performance.
In the last 7 days, the ETH price has decreased by almost -4.3% and the XRP price decreased by almost -15.1%.
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