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Altcoin Bitcoin Ethereum Litecoin Polkadot TradingView UNI

Top 5 Performing Cryptocurrencies of the Week -(Week 23)

Posted On January 3, 2021 Prasanna 0

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The Bitcoin price is increasing like crazy. Many other cryptocurrencies are on a crazy drive. At the time of writing this, the Bitcoin price is sitting at USD 34165.50 and the BTC price has increased by almost 29% in the last 7 days. 

BTC/USD Weekly chart – TradingView

BTC/USD Weekly chart – TradingView

In the last seven days, the market has exhibited a great change. Some altcoins are showing great progress. Here are the top 5 performing cryptocurrencies of the week (week-23). Let’s take a look at it in more detail.

This Coin Made 40% in Seven Days…Is It a Good Investment?

5. Kusama (+43.6%)

KSM/USD Weekly chart – TradingView

KSM/USD Weekly chart – TradingView

Kusama is a network based on the Polkadot software. Kusama has witnessed strong gains over the past few weeks. In the last 7 days, the Kusama price has increased by almost +43.6%, just enough for a spot on our top 5 cryptocurrencies list. The reason behind its good performance is probably due to the hype about Polkadot.

>> Click here to buy KSM! <<

Which Cryptocurrency Will Replace Bitcoin?

4. Uniswap +49.5%

UNI/USD Weekly chart – TradingView

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 +49.5%, just enough for a spot on our top 5 cryptocurrencies list.

>> Click here to buy UNI <<

3. Thorchain (RUNE) +55.7%

RUNE/USD Weekly chart – TradingView

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 +55.7%, 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! <<

Should You Own THIS ALTCOIN in 2021?

2. Celsius Network +62.8%

CEL/USD Weekly chart – TradingView

CEL/USD Weekly chart – TradingView

Celsius is a DeFi platform for decentralized lending on Ethereum. Users can both offer and take loans. In this, borrowers pay interest to lenders and provide security to cover the loan. The general DeFi hype is probably responsible for the good performance. There have also been several updates recently from Celsius such as a new website, a new logo, and a new comprehensive software update. In the last 7 days, the CEL price has increased by almost +62.8%, just enough for a spot on our top 5 cryptocurrencies list.

>> Click here to buy CEL! <<

1.Polkadot (+80.3%)

DOT/USD Weekly chart – TradingView

DOT/USD Weekly chart – TradingView

One of the main goals of Polkadot is to act as a sort of decentralized center for all types of blockchains. The blockchains should be able to communicate with one another (Inter-blockchain communication/IBC). The focus is to develop the necessary technology that makes it easy to intertwine older Distributed Ledger Technologies (DLTs), current DLTs, and also future DLTs. This architecture should make scaling possible. In the last 7 days, the DOT price has increased by almost +80.3%, just enough for a spot on our top 5 cryptocurrencies list.

>> Click here to buy DOT! <<

The above are the top 5 performing cryptocurrencies. The other two major cryptocurrencies Ethereum and Litecoin also displayed good performance. in the last few days but in the last 7 days, the ETH price has increased by almost 30.8%

ETH/USD weekly chart – TradingView

ETH/USD weekly chart – TradingView

while the Litecoin price has increased by 18.4%.

LTC/USD Weekly chart – TradingView

LTC/USD Weekly chart – TradingView

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This post may contain promotional links that help us fund the site. When you click on the links, we receive a commission - but the prices do not change for you! :)

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. 

#CryptoPrice#Polkadot#Top 5 Altcoins#Top 5 Cryptocurrencies



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