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Cryptocurrency experts highlighted a digital token that grew by 62% in a week
Today, November 20, the global cryptocurrency market capitalization increased by 1.55%. Daily transactions with virtual coins reached almost $ 40 billion, an increase of 3.84%. The dominance of bitcoin BTC $95,293.43 Bitcoin -0.56% Market capitalization $1.89 trillion VOL. 24 hours $2.49 billion in the industry reached 51.4%, and ethereum ETH $3,347.88 Bridged Ether (StarkGate) 0.87% Market capitalization $0.3 billion VOL. 24 hours $1.46 billion - 17.1%. The fear and greed index, according to CoinMarketCap, is 74 points.
The best result in terms of profitability was demonstrated by the cryptocurrency Kaspa (KAS). Due to a 61.25% increase in quotations, a virtual token can be purchased for $ 0.146 on average. The market supply of KAS has reached $ 3.15 billion. It is worth noting that over the past 30 days, the price of the digital token has soared by 216.45%. Transaction volumes for the week amounted to $ 1.3 billion.
Kaspa is a cryptocurrency that operates thanks to the Proof of Work (PoW) mechanism and the GHOSTDOG protocol.
In addition, the Celestia (TIA) cryptocurrency showed an excellent result. The coin is traded at $ 6.88, and its market capitalization exceeded $ 969.99 million. During the week, traders made deals totaling $ 3.17 billion.
Celestia (TIA) is a modular blockchain network that allows you to create your own chains at minimal cost. The technology used by the developers of the crypto project offers to separate the execution of transactions from the consensus mechanism. The network is an effective and simple solution for scaling without losing security levels or reducing decentralization.
As for the flagship crypto asset, bitcoin grew by 1.37% over the day and is trading at $ 37,137. The total number of coins circulating on the market amounted to $ 725.9 billion. Traders made daily trading deals worth $ 14.4 billion.
The leading altcoin grew by 3% over the day and traded at an average of $ 2,017. Ethereum’s market capitalization amounted to $ 242.5 billion, and daily trading transactions amounted to $ 8.4 billion.