After the crash, it seems that the cryptocurrency market is now showing slightly strong performance. Some cryptocurrencies are performing exceptionally well and showing strong growth. Here are the top 5 performing cryptocurrencies of the week (week-8). Let’s take a look at it in more detail.
5. NEO + 18%
NEO is often called as the Chinese Ethereum. The project was formerly called Antshares. NEO supports smart contracts and dApps. In the last 7 days, the NEO price has increased by almost +18%, just enough for a spot on our top 5 cryptocurrencies list. A new innovative software upgrade could be responsible for the strong price rise.
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4. Quant + 29%
Quant is a project that concentrates on interblockchain communication. Blockchains can exchange messages in a decentralized manner via the developed infrastructure. In the last 7 days, the QNT price has increased by almost +29%, just enough for a spot on our top 5 cryptocurrencies list. The announcement of a collaboration with Amazon and Oracle could be responsible for the increase in the price.
>> Click here to buy QNT! <<
3. YAMV2 +35%
YAM v2 is the revival of YAM, an Ethereum project that failed due to a code bug. Like YAM, the project is trying to create a stablecoin on the US dollar. In the last 7 days, the YAMV2 price has increased by almost +35%, just enough for a spot on our top 5 cryptocurrencies list. The general hype surrounding DeFi could be responsible for the strong performance of the token price.
>> Click here to buy YAMV2! <<
2. Celsius Network + 38%
Celsius Network was already in our top 5 last week. This week, the project again displayed strong growth. It is a DeFi platform on Ethereum for decentralized lending. In the last 7 days, the CEL price has increased by almost +38%, just enough for a spot on our top 5 cryptocurrencies list. In addition to the DeFi hype, the integration of PAX-Gold on the platform could be responsible for the increase in the token price.
>> Click here to buy CLS! <<
1. Kusama + 41.5%
Kusama is a decentralized network based on Polkadot Code. Despite the fact that it is intended as an experimental network, the coin price has increased surprisingly over the past few weeks. In the last 7 days, the KSM price has increased by almost +41.5%, just enough for a spot on our top 5 cryptocurrencies list. The general hype about Polkadot could be responsible for the good performance of the price of the coin.
>> Click here to buy KSM! <<
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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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