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Cryptocurrency experts name the digital token that grew by more than 50% in a week
Last week did not bring the desired optimism to cryptocurrency traders and investors. The rate of the flagship crypto asset BTC $74,821.35 Bitcoin 1.35% Market capitalization $1.48 trillion VOL. 24 hours $3.96 billion regressed below $ 30,000. According to many analysts, this may be a prerequisite for a correction in value before further growth ahead of the halving that will take place in 2024. However, some digital tokens have managed to please their holders over the past 7 days. As of the morning of July 24, the best performing asset among the top 100 was XDC Network (XDC).
The cryptocurrency’s quotes have increased by 50.6%. The virtual asset can be purchased for $ 0.05. The market capitalization of XDC amounted to $ 698.21 million, which allowed it to take the 60th position in the top list. Last week, traders made deals worth $ 104.87 million.
Stellar (XLM) took the second place in the profitability ranking. Over the past seven days, the virtual coin’s rate has increased by 18.25%. The digital currency can be purchased for an average of $ 0.153, and the total supply of coins circulating on the market amounted to $ 4.18 billion. In terms of trading volume, the figure was recorded at $ 1.32 billion.
Finally, Chainlink (LINK), which is ranked 21st on the list of top digital coins, rose by 15.85% over the past week. Its quotes were fixed at $ 7.74, and its market capitalization reached $ 4.16 billion. Bidders secured deals worth $ 1.78 billion.
As for the global crypto market, its capitalization is at $ 1.19 trillion, with a 48.6% dominance of bitcoin. The Fear and Greed Index is neutral at 56 points.