Cryptocurrency and altcoin Another week of high volatility has passed in the market. In this process, which crypto assets in the top 100 according to the market value closed the week in the green zone, which ones saw the bottom levels?
As known bitcoin The price rose again above the $20,000 level this week, with the possibility that the FED might not make a strong increase in the interest rate hike in September.
The world’s largest crypto currency is preparing to close the week with an increase of approximately 9.57% and is trading at $ 21,643 at the time of this writing.
Terra (LUNA) Rises Over 200% This Week, Surprise Altcoin
When we evaluate it among altcoins, it can be described as the surprise of the week. Terra (Luna) The leader closed the week with a 209% increase in the last 7 days. The Terra ecosystem had abandoned its old Blockchain after its nearly $80 billion collapse in May.
Terra tokens on the old Blockchain began to be called Terra Classic. Terra Classic (LUNC) and Terra Classic USD (USTC) similarly, the price closed this week with 78% and 66% gains, respectively, and ranked second and fourth among the highest risers.
It is thought that this rise experienced in the entire Terra ecosystem is due to the combustion mechanism to be added to the Terra Classic network.
Another altcoin that closed this week with a big rise Ravencoin (RVN) it happened. RVN has gained approximately 75% this week, making it the third-largest coin.
Ethereum It is thought that these miners affect the price of RVN, which is one of the possible altcoins that miners can migrate after the update.
In a week when the crypto money market was generally on the rise, those who closed the week in the red zone with 14.5%. DefiChain (DFI), with 6.19% Chain (XCN) and with 5.1% Nexo (NEXO) it happened.
*Not investment advice.
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