The crypto world is occupied with a variety of cryptocurrencies and keeps on growing with the passing day. It has been observed in the last seven days that cryptocurrencies like Vechain, Theta, BitTorrent, and Harmony are leading in the crypto market in great numbers. Whereas currencies like Ethereum, bitcoin, Cardano, and Polkadot are the worst performers among that cryptos were highlighted in the top 5 as per market capitalization. If you’re interested in investing in cryptocurrencies, it’s crucial to choose a reliable platform like Immediate Revolution 360 to safeguard your digital assets.
Market analyzation
As per a recent scenario, the worldwide market capitalization is decreasing by 4% as the market goes through price revisions again and again. It has been criticized for unpredictable price variation in the digital market. This is how the volatile nature of crypto is one of the basic reasons for massive gains in cryptocurrency and sometimes becomes the reason for loss by these digital tokens as well. We have studied for the last seven days and best performing among all as follows:
1. Best of Crypto.com
As per the market capitalization, the rank obtained by the CRO token on the crypto.com website is 20th position. This is how it gains more within seven days amidst a commonly bearish market. However, these profits saw the native token of Crypto.com trade at $0.2150.
2. Best of BitTorrent
The gain earned by BTT is almost 92% which is hard to ignore. This rising price surpasses its records and rises as per previous all-time recorded gains of up to $0.003995. Moreover, we can see a significant surge in BTT market capitalization since reaching new members. Although BTT has successfully gained its position as the 32nd biggest cryptocurrency due to its popularity among market capitalization.
3. Best of Theta
Theta is a blockchain that can execute Video streaming. However, the numbers received through this app are considered very high and impressive in the digital era, as was noticed in the past seven days. Its highest reach is up to $15 after which it runs through a significant price run and keeps on rising as much as 41% and more.
4. Best of VeChain
Market capitalization decides the ranking position of all cryptocurrencies where the specific rise and fall of crypto can be noticed easily. However, VeChain is ranked in the 20th position in terms of demand. Vechain platform is however empowered with the advanced technology of blockchain due to which it has been shown various surges in its price value and further reached its all-time high value of $0.10010 as compared to last week. Moreover, the market reached its capitalization powers up to the price run of $5,455,650,900.57.
5. Best of Harmony
The number of cryptocurrencies has gone through a negative number as experienced by a lot of digital currencies in the last seven days. Moreover, Harmony has considered it to be the best exception. The blockchain development has been done keeping in mind the best use of Apps where its profit margin was stunning at 121.90 last week reaching a new ATH of $0.2200. However, we can see a fully diluted market cap while seeing this tremendous growth up to $2,474,059,887.79 which shows no sign of slowing down.
Underperforming Cryptocurrencies scenarios
Although the best cryptocurrency trends towards more gains, there are some big players which showed inconsistent gains despite a significant fall in the crypto trend.
- The fall down of Bitcoin by 12 % over the last week from its above-average value of over $72,000 according to its recent trading at $63, 300.78.
- Ethereum stands in second place after Bitcoin and this cryptocurrency is down by a whopping 14.96%. The crypto is currently trading at $1,700.59 which is a far cry from its prior bliss of $2,136.29.
- Next crypto placed its third position after bitcoin and Ethereum is Cardano. Now its significant flow seems to have come to an end after crossing its all-time high value of $2.50 a month ago. Cardano has declined by 23.03% within a week and recently its trading value is up to $2.11.
- Like Cardano, Polkadot was able to reach its ATH before a month but during that period the recorded fall down of 21. 50% has been seen and the trading quantum is at $31.70.
