Top 5 coins of the week
Note that none of the phrases mentioned in the blog is financial advice!
Here we will introduce you to the 5 cryptocurrencies that have shown the biggest percentage growth in the last week (March 6-12).
Although the growth trend of cryptocurrencies has slowed down compared to previous weeks, the growth is still fixed and we can say that the Bull Run is still relevant.
The cryptocurrency that ranked 5th on our list in terms of average percentage growth is Curve DAO Token (CRV).
In the period of 7 days, its price increased by 3.64% and the value of the unit approached $1.
The coin ranks 67th by market capitalization on CoinMarketCap and has exceeded $700 million.
CRV is based on the Ethereum blockchain and first appeared on the market in 2020.
The next cryptocurrency on our list that has averaged growth in the past week is the familiar BNB (BNB).
BNB, as the 5th ranked Curve DAO Token, is based on the Ethereum blockchain and uses the ERC-20 network.
Over the past week, the coin showed an average growth of 6.39% and the price of 1 BNB reached $302. At this rate, cryptocurrency is the most expensive asset on our list.
Interesting facts about BNB:
- The market capitalization of BNB is equal to 50 billion dollars.
- BNB partners with such well-known sports organizations as the Sacramento Kings basketball club and the Paris Saint-Germain football club.
- Binance Smart Chain based on Binance Coin is used to create dApps.
The cryptocurrency turned out to be one of the best-performing assets of the past week with a 7.6% increase in Aptos (APT).
Aptos is a Blockchain coin of the same name and you can buy it for $12.
During the past 7 days, some fluctuations were observed in the price of the asset, but finally, the cryptocurrency went on the path of a Bull Run and convinced investors of its value with a green colour chart.
More information about Aptos can be found on their website.
The next cryptocurrency on our list ranks 19th by market capitalization on CoinMarketCap with $3.5 billion.
A coin that posted a double-digit, 15% gain last week is UNUS SED LEO (LEO).
In other words, LEO worth $1000 purchased on March 6 would be worth $1150 on March 12, that is, in 7 days the investor's assets increased by $150.
UNUS SED LEO was created to make crypto transactions faster for cryptocurrency users while reducing fees.
One interesting fact that we can tell about the asset is that in 2016, Bitfinex used LEO to cover its liabilities.
Over the past seven days, Kava (KAVA) has become the favourite cryptocurrency of investors.
The cryptocurrency showed an impressive 32% growth and the asset value reached $1.
In addition to trading, Kava is used in various DeFi services, such as:
- Liquidity providing
Kava's 7-day trading chart looks attractive for investors:
$1000 investment at the beginning of the week would be $1320 at the end of the week, which means a profit of $320.
More information about cryptocurrency can be found here.
Popular cryptocurrencies: Bitcoin (BTC); Ethereum (ETH); XRP (XRP)
An increase in asset prices during the past week was also seen in popular cryptocurrencies. For example, Bitcoin (BTC) showed a small but steady increase of 0.21%, proving once again to be the most stable asset.
Ethereum (ETH) did not lag behind the bull run and showed an average increase of 2.75% in the 7-day period.
Another cryptocurrency that actively continues to be on the green road is XRP. Cryptocurrency showed an average growth of 1.71%.