Cryptocurrency experts named the best cryptocurrencies of the week

Among the virtual currencies in the top 100 with the highest market capitalization, Terra Classic (LUNC) was the most profitable. As of October 3, 2022, the digital asset is trading at $ 0.319, which is 66.27% higher than last week. At the same time, the price of the digital token has fallen by 10.6% in the past 24 hours alone. The cryptocurrency’s capitalization is at $ 1.96 billion.

The fluctuation of the LUNC rate is directly related to the vicissitudes developing around the founder of Terraform Labs, Do Kwon. As a reminder, the National Assembly of South Korea has summoned Shin Hyun-sung (also known as Daniel Shin), co-founder of Terraform Labs and Kwon’s colleague, to testify during the upcoming parliamentary audit of the Financial Services Commission (FSC). on October 6, the top executive is likely to be questioned about the Terra ecosystem collapse.

Reserve Rights (RSR) took the second place in the top profitability. This token entered the top 100 for the first time and took the 80th position. Currently, RSR is worth $ 0.0099, which is 24.03% higher than a week ago. The total supply of coins circulating on the market amounted to $ 422.19 million.

The digital asset Maker (MKR) also pleased its investors. In 7 days, its quotes increased by 13.22%. MKR was now available for sale at $ 769.11. The market capitalization of the virtual currency was fixed at $ 751.9 million, which allowed it to gain a foothold on the 58th line of the rating.

The list of the top 5 most profitable cryptocurrencies also includes Uniswap (UNI) and Quant (QNT). UNI is traded for $ 6.29 (11.66%), and the price of QNT is $ 131.49 (10.55%).

It should be added that among the most famous cryptocurrencies in terms of market capitalization, the worst performers over the past week were Celsius (CEL), Lido DAO (LDO), Hedera (HBAR), The Sandbox (SAND), and Cosmos (ATOM). All of them lost more than 8% of their value.