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Cryptocurrency Toncoin became the most profitable in a week
Between December 12 and 18, only 2 cryptocurrency assets from the top 100 managed to bring significant profits to investors in the short term — Toncoin (TON) and XDC Network. No other cryptocurrency on the top list rose by more than 5% over the week.
Toncoin was the absolute leader of the past seven days. During the reporting period, its quotes rose by 32.88%. And since the founder of the Telegram messenger Pavel Durov announced that he plans to launch a decentralized wallet and exchange, the asset has added 50.2% to its price. As of December 18, TON is worth $ 2.69, which is 4.5% higher than a day ago. The market capitalization of the cryptocurrency reached $ 3.28 billion, and bidders secured transactions with the virtual coin totaling $ 143.49 million.
As for the XDC Network, the cryptocurrencyhas increased by 4.65% over the past 24 hours. The total rate increase for the week amounted to 15.42%. Today, XDC was trading at an average price of $ 0.024, and the total supply of coins circulating on the market amounted to $ 303.05 million.
As for the flagship cryptocurrency BTC $98,256.46 Bitcoin 0.95% Market capitalization $1.94 trillion VOL. 24 hours $3.33 billion , bitcoin is currently worth $ 16,747, the market capitalization of the virtual asset is $ 322.1 billion, and daily trading volumes have exceeded $ 2.1 billion.
At the time of writing, ethereum is worth $ 1,185, the market capitalization of the main altcoin ETH $3,467.83 Bridged Ether (StarkGate) 3.97% Market capitalization $0.3 billion VOL. 24 hours $1.92 billion is $ 142.9 billion, and traders have made daily trading deals worth $ 276.8 million.
As a reminder, Raul Pel, CEO of Real Vision, a financial media outlet, predicted a huge growth of the two major cryptocurrencies in 2024. According to the macroeconomist, the number of cryptocurrency holders will reach 2.8 billion in the next 4 years, and by 2030, there will be 5 billion of them.