Analysts highlighted a token whose value grew by 88% over the week

Cryptocurrency market experts have named digital assets whose value has increased significantly over the past week. Among them: Ondo Finance (ONDO), Stacks (STX), and Toncoin (TON).

Due to a significant increase in price, the Ondo Finance token (ONDO) entered the top 100 cryptocurrencies by market capitalization. This cryptocurrency rose in price by 27.7% over the past day, adding 88.2% over the past 7 days. The ONDO cryptocurrency became the most profitable for investors this week.

Cryptocurrency Toncoin (TON) rose in price by 33.8% during the reporting period. Its quotes rose to $ 5.37, which allowed TON to take 12th place in the list of the world’s best digital currencies.

Over the past 7 days, the Stacks token (STX) has risen in price by 29.3%. The price of STX reached $ 3.65, which allowed the asset to rise to 25th place in the ranking of the best cryptocurrencies. The total market capitalization of the token reached $ 5.11 billion.

In mid-March, the Telegram developer provoked a sharp rise in the TON cryptocurrency by more than 60% in 2 days. This was facilitated by Pavel Durov’s statement about his intention to conduct an initial public offering (IPO) of the company. He said that the platform’s audience has grown to 900 million, and now the company plans to hold an IPO at an estimated $ 30 billion — the funds raised will be used to develop the platform and repay bonds.