Cryptocurrency Although the “bear market” in the markets upset many people, some investors managed to make good use of the opportunities that emerged in the short term. As we prepare to leave behind another week, the five best-performing crypto assets throughout the week have also been revealed. In general, while Bitcoin continued to hover around $ 22,600, it managed to stay away from dangerous waters.
5th Place: EOS (EOS) +23.3%
EOS, one of the prominent projects as a empowered Proof of Stake blockchain (dPoS). The project supports smart contracts and has an infrastructure that manages to manage a large number of transactions per second (TPS). Blockchain, on the other hand, operates by having a limited number of nodes (21) serving new blocks. EOS recorded the largest ICO ever and got off to an ambitious start, raising over $4 Billion.
Koinfinans.com As we reported, along with all the developments, EOS has increased by an average of 23.3% in the last 7 days alone, this performance put it in the fifth position of the list.
4th Place Axie Infinity (AXS) +23.8%
Axie Infinityis an NFT game that allows players to earn money from playing the game while breeding, racing, fighting and trading Axie creatures in the market. The aim of Axie Infinity was to make games in a fun and enlightening way to introduce the world to blockchain technology. In the last 7 days, the AXS price has increased by almost 24.8%, placing it in fourth place on the list.
3rd Place Phantom (FTM) +26.6%
Designed to solve the problems in various blockchain platforms, Fantom aims to achieve significant successes in the DeFi industry, especially in terms of decentralization, speed and security. Fantom’s native token, FTM, rose 26.6% in one week, placing it in third place on the list.
2nd Place ApeCoin (APE) +37.5%
ApeCoin, which was issued by the Bored Ape Yacht Club and used as a local token, has been among the most rising assets of this week, although it has been criticized recently. APE price has increased by 37.5% on average in the last 7 days and placed in second place.
1st Place Ethereum Classic (ETC) +50%
Ethereum Classic, which frequently tries to enter the list of top-paying crypto assets, was this week’s top-earning crypto currency. While Ethereum Classic stands out as a decentralized network that uses smart contracts to run decentralized applications, it is actually the first version of the blockchain we know today as Ethereum. The blockchain, which was updated as ETC due to the hacking event, is still in use. The ETC price is up 50% this week and has hit the top of the list.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, KoinFinans and the author of this content cannot be held responsible for personal investment decisions.