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Analysts calculated the least effective cryptocurrencies of the last week
Despite the positive sentiment of traders and investors in the cryptocurrency market last week, not all digital coins and tokens pleased their owners. While the quotes of such assets as Bitcoin (BTC), Ethereum (ETH), and other major altcoins have increased over the past 7 days, several tokens have fallen in price over the reporting period.
Among the top 100 cryptocurrencies by maximum market capitalization, Enjin Coin (ENJ) showed the worst result. Its quotes fell by 3.9% over the past 7 days. It fell to 96th place on the list with a market cap of $ 446.31 million. ENJ’s share price was fixed at $ 0.446 as of yesterday. Trading volumes for the reporting period amounted to $ 262.01 million.
In addition, the IOTA cryptocurrency (MIOTA) also disappointed its holders. Its quotes fell by 1.9% over the past 7 days. It was available for purchase on exchanges at an average price of $ 0.224. The market capitalization of the digital coin was equal to $ 623.6 million. The position in the top ranking is 79. During the week, bidders made deals with the crypto asset worth $ 818 million.
Chiliz (CHZ) also showed a negative result, falling to 59th place in the list of the best cryptocurrencies. Its rate was fixed at $ 0.133, and the total supply of tokens in circulation fell to $ 926.52 million. The decline was approximately 1.57% over the past week.