The most profitable cryptocurrencies of the week

Cryptocurrency analysts noted that last week brought good results to investors. Holders of three digital assets included in the top 100 list gained 20% or more over the past 7 days. The most profitable tokens were those not included in the top 50.

The leader was the Trust Wallet Token (TWT), which rose by 31.1% over the week and 5.3% over the day. TWT is currently trading at $ 0.953. The token’s market capitalization is $ 394 million. Weekly trading volumes amounted to $ 200.07 million. The digital asset is trading 67% below its record high.

The second place was taken by the Sui cryptocurrency (SUI), whose quotes jumped by 24% over the past week. The value of the token was fixed at $ 0.752. The market capitalization of SUI is $ 397 million, which put the cryptocurrency at 91st place in the top ranking.

KuCoin, the native token of the centralized exchange, was ranked third among the most profitable tokens. Kucoin Token (KSC) rose in price by 14% during the reporting period. Its capitalization was fixed at $ 653 million, and a virtual asset can be purchased for $ 6.74. The token’s liquidity leaves much to be desired, as does the trading volume, which amounted to $ 16.11 million in 7 days. Kucoin Token is selling 75% cheaper than its historical price high.

As for the market leaders, bitcoin grew by 2.5% in 7 days, while ethereum fell by 0.7%. At the end of last week, BTC $65,742.83 Bitcoin -0.28% Market capitalization $1.3 trillion VOL. 24 hours $0.6 billion fell amid the publication of the Fed’s decision on the key rate and the speech of the head of the department, Jerome Powell. The regulator, as expected by most market participants, left the rate unchanged — in the range of 5−5.25%.

The refusal to raise the Fed’s rate again is a positive signal for the stock market and the crypto industry. However, this pause may be temporary, pending the next rate hike.