The 5 best and worst performing coins by DailyCoin


Crypto Week Review: Top 5 Best and Worst Performing Coins

The past seven days in the cryptocurrency ecosystem have been characterized by a general surge in value, with a global cryptocurrency market capitalization at $ 1.90 trillion. This week was positive for high-ranking cryptocurrencies, with Binance Coin, Polkadot, and Filecoin posting double-digit gains. THETA was the only crypto in the top 15 that failed to make any significant gains in the past seven days. Lesser-known coins posted the most losses in the seven-day period. The past seven days have been fantastic for the crypto industry as the market has taken off in one of the strongest bull runs in recent memory. The strong streak of form among the major cryptocurrencies explains the spike, with a market capitalization of $ 1.90 trillion. Bitcoin, Ethereum, Binance Coin, and Polkadot are among the top coins that earn the rewards. While the relatively unknown currencies posted significant losses despite the general rally in prices. Bitcoin of the highest performing cryptocurrencies Bitcoin, the largest and most popular cryptocurrency, closes the week at an impressive $ 59,411 from a previous low of around $ 53,000 at the beginning of the week. The 14.15% earned by Bitcoin causes its market capitalization to rise to $ 1.1 trillion, with daily trading volumes above $ 66 billion. Ethereum This week, Ethereum’s impressive shape sees it trading at $ 1,938, which is a 20.13% jump to almost hit its previous ATH of $ 2,036.29, which it set about a month ago. Despite the controversial proposed update that has left miners complaining, Ethereum shows no signs of slowing down as it firmly clings to its status as the second largest crypto. Binance Coin Binance Coin’s 38.74% rise in the past seven days secures it in third place, with a market capitalization of $ 40.74 billion putting it above stablecoin Tether. Making the most of the boom, Binance Coin is currently trading at $ 325.59, with analysts predicting that the coin will break past previous highs. Polkadot Polkadot is also on track to surpass his previous ATH, having gained a surprising 24.04% in the last seven days; it is now trading at $ 37.96. Average daily trade volumes are $ 3 billion and market capitalization is pegged at $ 35 billion. Filecoin Filecoin recorded the largest price increase among the major cryptocurrencies with a 148.40% increase in the last seven days. At the moment, Filecoin is trading at $ 228.10 and is ranked as the ninth largest cryptocurrency. On Flipside, New York Attorney General Letitia James warned investors to exercise extreme caution if considering investing in digital currencies. He referred to Bitcoin and other cryptocurrencies as “high risk” and “not a prudent investment.” According to James, cryptocurrencies promise unrealistic returns, which have opened the door to scammers and con artists. Some of the underperforming cryptocurrencies this week THETA In contrast to the other big cryptocurrencies on this list, THETA fell 4.67% in value in the past seven days, making it the only crypto in the top 15 to registers a significant drop. Olyseum Olyseum tops the list as the week’s biggest loser as it fell a whopping 91.51% from its value and is currently trading at $ 0.07039. GoWithMI Closely following Olyseum is GoWithMI, which has lost 90.92% of its market value and is currently trading at $ 0.0004647 with a meager trading volume of $ 178,350 in the last 24 hours. MiniSwap MiniSwap is listed after dropping 86.92% to trade at $ 0.05275, and prices threaten to slide further to new lows. Capital X Cell This crypto is trading at $ 0.07976 after prices fell by an impressive 85.79%. Although prices have moved in a different direction in the last 24 hours, it is still on the underperforming list due to that astronomical drop in value. Continue reading on DailyCoin

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