DeFi is growing fast, faster than ever. The financial year 2017-2018 saw the emergence of many crypto-blockchain based fintech startups, which entered the markets and are proving their worth now in 2021. With more and more investment in the crypto space, there has been a tremendous surge in the value of projects and native currencies.
This article focuses on the Weekly Top 5 losers and gainers of Crypto in the Top 100 category. This analysis will be based on the percentage change in the value of prices of the currencies.
Top 5 Gainers in the Past Week
- Holo (HOT)
Holo is the native currency of Holochain that saw a whopping 143.35% compared to last week. The main reason for this rise is predicted to be the partnerships of Holochain with several other DeFi projects, sticking to their project development roadmap and surprising the people by introducing NFT’s along the way. The currency is currently trading at $0.02553 and boasts a market capitalization of $4,326,425,989 with 42.09% in 24 hours. HOT ranks #31 on CoinMarketCap.
- BitTorrent Token (BTT)
BTT is the native token of the peer-to-peer file-sharing platform BitTorrent. BTT saw a rise of 92.15% in its prices against the price last week. The price rise was exceptional as the project attracted more and more users over its platform. The token now trades at $0.007781, which is very near its ATH and boasts a market capitalization of $7,741,103,618. BTT ranks #18 on the CoinMarketCap index. The experts predict it could hit $1 by mid-2021 if it continues its Bull run.
- Helium (HNT)
HNT is the native token of Helium that aims to decentralize communication systems. The third on the list of top gainers, with a 65.07% gain in its price since last week. It trades at $15.94 an HNT, with a Market Capitalization of $1,230,574,260. The rank of HNT on CoinMarketCap is #81 based on the Market Cap. The token also hit its ATH of $16.60 recently.
- Dent (DENT)
DENT has been improving its profile under the wraps by improving its fundamentals of the mobile service provider. It saw a gracious rise of 60.82% and is gaining momentum to break its 2018 ATH. It currently trades at $0.01728 with a market capitalization of $1.6 Billion. DENT ranks 68 in the Top 100 Cryptocurrencies.
- Livepeer (LPT)
LPT gained a handsome 53% gain on its price with announcements from Grayscale Trust Listing. Livepeer announced just last week that it aims to reduce the costs of video streaming services by transcoding. With an LTP of $41.07 and a market capitalization of $869,323,585, it has entered the TOP 100 cryptocurrency listings.
Top 5 Losers in the Past Week
- BTMX (BTMX)
BTMX tops the list of top losers by a 56.43% drop in its price and market capitalization. It holds the 98th position according to its market capitalization of $864,399,468.
- Voyager Token (VGX)
VGX sits at #97 in the rankings with a 25.29% drop in its price and market cap. Voyager Token is a cryptocurrency broker that provides investors with a trusted and secure access point to crypto asset trading. The market capitalization of the token is $892,664,686, according to sources.
- SwissBorg (CHSB)
CHSB, the native currency of SwissBorg, a Switzerland-based project aiming to bring independence and decentralization to personal finance, saw a dip of 12.57%. Interestingly enough, CHSB had hit its ATH in mid-March. The token seems to be affected by the selling pressure. It ranks 91, with a market cap of $1.018 Billion.
- Pundi X (NPXS)
NPXS dropped to $0.007432 after a steep fall of 12.13% in a week. Pundi X is a leading developer of blockchain-powered devices to transform retail businesses with its blockchain-based point of sale solution. NPXS ranks 63rd on the top 100 cryptocurrency list.
- Harmony (ONE)
ONE is the currency of Harmony, the platform that facilitates the development of Dapps. It suffered a 4.84% drop in the last week after hitting its ATH. Although it can be said that it is a mere correction, the currency has started gaining momentum for an uptrend.
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Source: https://coinpedia.org/top-10/weekly-top-gainers-and-losers-in-april/
