Cryptocurrency CONV grew by 290% in a week

Cryptocurrency experts have analyzed tokens from the Polkadot ecosystem, identifying the digital asset that has grown the most. The Convergence cryptocurrency (CONV) grew by 290.1% over the week, becoming the most profitable in the ecosystem.

CONV quotes settled at $ 0.0018, and the token’s market capitalization rose to $ 2.30 million. This figure has almost quadrupled over the past week. However, over the past day, the rate of the digital asset has fallen by 2% per day. Interestingly, despite the fact that Convergence is not even among the top 100 cryptocurrencies, traders have secured $ 7.82 million in trading volume in the past 24 hours alone.

No other cryptocurrency from the Polkadot ecosystem has demonstrated such profitability over the past 7 days. However, KILT Protocol (KILT) rose in value by 56.08% over the week, with its quotes at $ 0.444.

Another digital asset from the Polkadot ecosystem that managed to grow was the Ocean Protocol token (OCEAN). OCEAN is currently trading at $ 0.167, up 14% over the past 7 days. As for Polkadot (DOT), its market capitalization was fixed at $ 5.09 billion. DOT $6.99 Polkadot -2.63% Market capitalization $10.64 billion VOL. 24 hours $63.48 million lost 4% of its value over the week.

The Polkadot team is actively working to improve the security of its ecosystem — in late November, Polkadot developers launched the Anti-Scam Bounty program to combat cryptocurrency fraud. Everyone who participates in the initiative can receive a cash reward. During the program, community members are looking for fraudulent websites, fake social media profiles, and phishing apps disguised as Polkadot.