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Avalanche Cryptocurrency Becomes the Most Profitable in a Week

1:01 pm, November 1, 2022

The decentralized finance (DeFi) sector has shown good results over the past seven days. Thus, Avalanche (AVAX) became the most successful virtual currency of the week. The digital coin’s quotes increased by 22.99% to $ 19.35. The market capitalization reached $ 5.77 billion, and traders secured transactions worth $ 2.2 billion.

The Uniswap decentralized protocol token (UNI) rose in price by 18.5%. The cryptocurrency is traded for $ 7.26, and the total supply of coins on the market amounted to $ 5.53 billion. The daily trading volume of UNI exceeded $ 1.2 billion.

The Fantom (FTM) rate has increased by 16.14% over the past seven days. The cryptocurrency is trading at an average price of $ 0.2372. The market capitalization amounted to $ 604.76 million, and participants in the trading on the exchanges made deals with Fantom for a total of $ 1.37 billion.

Earlier, we reported that last week, Dogecoin (DOGE) became the best virtual asset from the top 100 list. As of the last day of October, the meme coin’s quotes increased by 97.25%, and its profitability amounted to $ 15.54 billion. During the week, traders made trades worth $ 21.4 billion. At the time of writing, DOGE is trading for $ 0.15, which is 28.56% more than the previous day.

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