Обзор рынка лучших монет недели

The digital currency ecosystem is wriggling out of the mixed performances exhibited in the past week as it prepares to kickstart the new week on a bullish note. While in the past week many altcoins recorded huge losses, three digital currencies including XRP, Lido DAO (LDO) and Terra Classic (LUNC) recorded impressive growth in the trailing 7-day period.

Here is a recap of these three tokens for the past week;

XRP 

XRP impressed many investors across the top and bottom line with its price soaring to a high of $0.54 after printing a total of 13% within this time under review. After many weeks of ranging motion, XRP finally flipped the $0.5 resistance level and turned it into a formidable support.

XRP is still the subject of a major lawsuit between the United States Securities and Exchange Commission (SEC) and its associated blockchain payments firm, Ripple Labs Inc. Many experts are convinced that the end to the lawsuit will have a major bearing on the future price of the cryptocurrency.

Лидо ДАО

Лидо ДАО remains the most dominant Liquid Staking Derivatives (LSD) platform in the Decentralized Finance (DeFi) ecosystem. Riding on its unique offering to compound its investor’s earnings, Lido DAO has gained massive popularity, a trend that favored its native token LDO.

LDO is currently changing hands at a price of $2.29 with a cumulative 13% growth in the past week. While LDO dropped to a low of $2.04 for the week, its popularity helped prop it back to the high of $2.36 in the early hours of Sunday.

Терра Классик (ЛУНК)

Terra Classic is arguably the best performer for the week with its price up by 26.24% over the past week to $ 0.000110. The bump in the token’s price stems from the massive upsurge it picked up over the past 24 hours where it has added more than 30% to its valuation.

LUNC is исследование a number of impressive initiatives to help revive the price of the token which plunged when UST stablecoin got depegged around this time last year. One of these initiatives is the implementation of a 1.2% burn tax to help prop the token back to $1.

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Бенджамин Годфри - энтузиаст блокчейнов и журналисты, которые с удовольствием пишут о реальных приложениях технологии блокчейн и инновациях, способствующих всеобщему признанию и всемирной интеграции новой технологии. Его желание рассказать людям о криптовалютах вдохновляет его вклад в известные СМИ и сайты, основанные на блокчейне. Бенджамин Годфри - любитель спорта и сельского хозяйства. Следуй за ним на Twitter, Linkedin

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