Last week was a record week for the crypto market. According to CoinMarketCap data, 12 altcoin projects, which are among the top 100 cryptocurrencies in terms of market capitalization, saw new peak levels. we too cryptocoin.com We have prepared these altcoins for you.
The list of altcoin projects we mentioned is as follows: Ethereum (ETH), Solana (SOL), Polkadot (DOT), Terra (LUNA), Avalanche (AVAX), Axie Infinity (AXS), Crypto.com Coin (CRO), Elrond (EGLD) , Helium (HNT), Kadena (KDA), Arweave (AR) and The Sandbox (SAND)
Leading altcoin Ethereum (ETH) and Ethereum killer Solana (SOL)
Ethereum paved the way for others with the record it broke in the middle of the week. For ETH price, $4,665 seen on Wednesday was a new high. The one-week price action of the coin passed 12 percent before the pullback.
Solana, which broke a record in terms of the amount of locked value in DeFi protocols, also broke a record in price. SOL, seeing $260 today, is up 30 percent over the week.
Polkadot (DOT) and Terra (LUNA)
The crowdloan process of projects has started at Polkadot, and this has had some reflections on the price. DOT had a good week, recording a record $55 on Thursday. DOT’s weekly performance reached 30% before the pullback.
Terra’s token LUNA, which confronted the US Securities and Exchange Commission (SEC), hit $53 on Friday, surpassing its previous record. The one-week performance of LUNA, which is the 12th largest cryptocurrency with a market capitalization of $ 20 billion, is 26% before the pullback.
Avalanche altcoin project Avalanche (AVAX)
Avalanche, which received $230 million in investment from leading corporate companies in September and recently announced a $220 million fund to attract more developers to the Avalanche Blockchain, has surpassed its previous record and reached a new peak today. The current record level for AVAX is thus $85.77. The altcoin broke its previous record at $79 in September.
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