Cryptocurrency TON grew by 40% in a week

Only one cryptocurrency from the top 100 by market capitalization gained more than 10% in value over the past week. The leader of this time period in terms of profitability was the virtual coin Toncoin (TON).

Its quotes jumped by 38.88%. This allowed the virtual currency to enter the list of the top twenty virtual currencies, taking the honorable 20th place for the first time in its history.

Experts attributed such a rapid increase in the value of the digital asset to the recent statements of Pavel Durov, who assured that he would develop a decentralized exchange and non-custodial wallets for integration into the Telegram messenger.

The price of TON was fixed at $ 2.6 at the time of writing. The market capitalization is $ 3.17 billion. Yesterday, Toncoin’s quotes increased by 6.7%, and the weekly trading volume amounted to $ 154.29 million.

The second place in terms of profitability for the week went to XDC Network (XDC). However, this virtual currency managed to rise in price by only 7.58% over the past 7 days. Its price was fixed at $ 0.023, which allowed it to rise to the 88th line in the table of ranks with an indicator of $ 289.09 billion. During the week, traders secured $ 22.26 million worth of cryptocurrency transactions.

At the same time, Ethereum has become 7.25% cheaper over the past 7 days. Its quotes fell to $ 1180, and the total supply of coins in circulation amounted to $ 144.48 billion.