Top 5 Cryptocurrencies Of The Week – Week 27
The crypto consolidation might be concluded as Bitcoin prices began to move upward again. Now that the crypto market is pushing upward, investors are curious in purchasing back their way into their favored crypto. Some altcoins performed well. This post is all about the top 5 cryptocurrencies that displayed good performance in the last seven days. At the time of writing this, the BTC price is sitting at $21,242.21.
5.Top 5 Cryptocurrencies: Uniswap (UNI) +27%
Uniswap is a decentralized cryptocurrency exchange platform. Also, UNI is the local cryptocurrency of the Uniswap exchange. The exchange gives users the power to execute trades and transactions without any third-party mediators handling them. It allows the exchange of ERC-20 currencies for ETH or other ERC-20 coins. In the last 7 days, the UNI price has increased by +27%, just enough for a spot on our top cryptocurrencies list.
4.Top 5 Cryptocurrencies: THORChain (RUNE) +29.2%
According to its website, Thorchain is a decentralized exchange that allows trading across multiple chains. For example, it will permit traders to trade across more than one blockchain. While the DeFi market just gained huge attention, users have long voiced the need to produce an ecosystem where economic services can be readily accessible. In the last 7 days, the RUNE price has increased by almost 29.2%, just enough for a spot on our top cryptocurrencies list.
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3.Top 5 Cryptocurrencies: Aave (AAVE) +34.6%
Aave is a decentralized lending/borrowing platform. Lenders earn money by depositing cryptos, while borrowers achieve the ability to have flash/microloans, delivered they employ some cryptos as security. Aave holders get discounted prices on the platform which supplies them a vote in the future expansion of the project. In addition to its unique lending platform, they give a selection of around 20 cryptocurrencies to loan and borrow from. “Flash loans” is the primary selling point of Aave. In the last 7 days, the AAVE price has increased by almost 34.6%, just enough for a spot on our top cryptocurrencies list.
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2.Top 5 Cryptocurrencies: Quant (QNT) +49%
According to its website, QNT is a token that is utilized to support Quant Network’s Overledger. It seeks to join public blockchains and private systems. Quant Network permits the configuration of mDapps that enable decentralized applications to function on numerous blockchains at once. In the last 7 days, the QNT price has increased by almost +49%, just enough for a spot on our top cryptocurrencies list.
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1.Top 5 Cryptocurrencies: Convex Finance (CVX) +57.5%
Convex Finance (CVX) is a resourceful DeFi started on the Curve Finance exchange. The Convex rewards CRV stakers with extra DeFi yields. In the last 7 days, the CVX price has increased by almost +24.9%, just enough for a spot on our top cryptocurrencies list.
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