These 5 Altcoins Stole the Crypto Market Limelight This Week
The five altcoins had the best performance from the entire crypto market last week.
Keep up with what's happening in the crypto world in real-time.
The five altcoins had the best performance from the entire crypto market last week.
As the Zero-Knowledge narrative continues to excite crypto markets. $MINA token's impressive +125% rally seems set to carry on climbing.
The price of the native Mina Protocol token has risen by more than 46% in the past two days, absorbing the downward price action of recent months and surpassing the $1 per MINA mark.
ZK or Zero-Knowledge rollups is a layer-2 scalable solution that offers quick transactions with minimal fees on the PoS blockchains by combining the on and off-chain processes. Many chains have adopted the rollups and their respective native tokens have swelled in volume and price in recent times.
DYDX, MINA, Optimism (OP), Loopring (LRC), and Convex Finance (CVX) lead the pack this week as the biggest crypto market gainers.
Analysis of market trends and performance
MINA token prices became parabolic last week, spiking from $0.5465 on Jan. 25 to a peak of $0.9176 by Jan. 30, marking an impressive increase.
Bitcoin (CRYPTO: BTC) traded lower this morning, but the cryptocurrency prices remained above the key $23,000 level on Monday. Ethereum (CRYPTO: ETH) also recorded losses, falling below the $1,600 mark this morning.
Performance analysis and latest news
Mina is up over 33% to $0.855 in the 24 hours following its announcement of the OpenMina node browser concept.
Mina (MINA) is starting the week as one of the top gainers today, as its price is up by 28.29% over the past 24 hours to $0.8334, according to data from CoinMarketCap. While Mina has been on a positive growth run since the start of the year, its current weekly growth of 38.41% is considered one of the highest thus far this year.
Polygon's native token, MATIC, and the Mina Protocol token are up more than 18% as the week draws to a close. Their growth would seem to be in harmony with the general market environment, but it could be argued that a number of investors are buying these tokens based on a particular narrative.
Bitcoin (CRYPTO: BTC) traded higher this morning, with the cryptocurrency prices trading near the $17,400 level. Ethereum (CRYPTO: ETH), also edged higher, trading above the key $1,300 mark on Wednesday.
Digital asset firm Okcoin reveals that users can can now buy 10 additional tokens via their crypto trading platform – Badger Finance (BADGER), DYDX Exchange (DYDX), Ampleforth (FORTH), Kusama (KSM), Immutable X (IMX), Mask Network (MASK), Mina Protocol (MINA), Numeraire (NMR), Storj (STORJ), and 0x
Investors' attention to the altcoin market is growing with a hunt for potentially strong blockchain projects.
What if I told you the key to create generational wealth could come down to just identifying and picking a couple of massive potential crypto coins.
With the market downturn, investors are out searching for cryptocurrency projects they can invest in and hopefully use to increase their portfolios. But, most times, emotions and fear can blind an investor to making a panic decision.
Crypto exchange Coinbase is expanding its custodial services with the addition of 9 Ethereum (ETH)-based altcoins and two other digital assets to its roster.
When you talk about NFT or blockchain-based companies and projects, it is important to understand that many companies will start by developing and launching their digital currencies.
Dogecoin (DOGE/USD), Klaytn (KLAY/USD), Mina Protocol (MINA/USD), and Chiliz (CHZ/USD) are some of the best cryptocurrencies that you can get at the end of October. Each cryptocurrency saw a tremendous level of growth in the past 7 days, and all of them have solid future potential.
Mina and her historic PDU label ready to launch into the NFT world
MINA protocol successfully rallies by 10% amid active development of ecosystem
What if I promised you a guaranteed way to find 100x crypto coins in the current bear market? I would be clearly lying.
A popular analyst says he has his radar locked on a number of altcoins that are high on his list for accumulation including Ethereum (ETH) and Polkadot (DOT).