Note that the suggestions expressed in the blog are not financial advice!
The market recovery trend continues as it has for the past few weeks, and accordingly, some crypto assets have shown exceptional percentage growth.
In this blog, we will discuss the TOP 5 best coins in a week according to the percentage growth shown.
5th Place:
The fifth place on our list is Oasis Network (ROSE). The coin is ranked 93rd on CoinMarketCap and its total market capitalization is close to half a billion dollars.
ROSE showed a one-week increase of 30.67% and its asset value was $0.07. In terms of asset value, Oasis Network also ranks 5th on our list as the most affordable coin.
For example, a $1000 ROSE coin purchased at the beginning of the week, with the average growth rate shown, would be a $1300 coin at the end of the week. The total increase was about $300.
4th Place:
The next coin with the average percentage increase in a week is GMX.
The growth of the coin was 32% and the price of the asset is $80. At this rate, it is the most expensive asset on our list. The total market capitalization of GMX is 700 million USD.
The coin takes the 72nd place in the list of CoinMarketCap and successfully enters the TOP 100 cryptocurrencies.
$1000 worth of GMX coins purchased on February 10 is equivalent to $1320 at the end of the week. Accordingly, our increase amounted to 320 USD.
3rd Place:
The next coin on our list is Filecoin (FIL), ranked 27th on CoinMarketCap. Its average growth in one week was 39%. To find more information about Filecoin (FIL), you can visit their website.
The price of FIL is $6.8.
Eg: a $1000 investment in FIL coin made on February 10, would be equivalent to $1390 today.
2nd Place:
Magic (MAGIC) market capitalization has reached half a billion dollars and the coin has seen a percentage increase, especially in the last 3 days.
Today, it has reached 2nd place on our list, and the overall percentage growth of the coin was an impressive number - 45.2%.
Considering Magic's percentage growth, a $1000 investment in it would eventually turn into an asset of $1450, giving us a $450 increase.
The most growing coin of the week!
Astar (ASTR) showed the biggest increase last week based on data from CoinMarketCap. The coin's price increased by an average of 51% throughout the week and today it can be purchased for $0.1 cents.
Astar's total market capitalization is $451 million, and the coin has been on an unstoppable rise for almost the entire week.
A $1000 investment in ASTR on February 10 would be worth $1551 at the end of the week. The profit of the merchandise amounts to 551 USD, which is quite a good number for one week.
Additional information about Astar, its Tokenomics, etc. can be found on their website.
Popular Crypto: Bitcoin; Ethereum and Polygon
Like the previous week, Polygon Matic continues its irreversible growth, having increased its value by 13% in the past seven days.
An investment of $1000 in MATIC would be equivalent to $1130 today.
Ethereum (ETH) also stood out with its growth rate, which registered an increase of 8.3% during the week.
Bitcoin wasn't far behind the bull run, which increased its value by 9.33%.
You can buy these popular cryptocurrencies on Cryptal using both Instant Trade and Spot Exchange.
It is important to pay attention to various factors and not just the percentage growth rate when trading cryptocurrencies, including all the coins featured in our blog.
Note that none of the suggestions mentioned is financial advice.
Wish you successful trading!