Top Cryptocurrencies of This Week

Top Cryptocurrencies of This Week
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Cryptocurrencies of this week gathered for enthusiasts to find which cryptocurrencies are trending and ideal to invest in.

Being volatile in nature cryptocurrencies' value swing savagely very often, every single day. As these cryptocurrencies like fiat currencies are not backed by any authorities, the value relies on the supply and demand criteria. The value of crypto is directly proportional to demand. As demand increases greater than supply, the value of crypto surges. However, the crypto supplies mostly depend on the team who is responsible for the project. The project will have the control of either releasing more tokens or burning to handle the supply. Likewise, cryptocurrency prices often change. After reviewing the market chart, in this article, we have gathered the top 10 cryptocurrencies to invest in for this week considering the upsurge in the last 24 hours.

  1. Axie Infinity (AXS)- The best blockchain technology and one of the priority investment cryptocurrencies of this week, it is backed by a proven expertise team. The currency holds a value of $13.30 USD and upsurged by 43.50% with a trading volume of $1,305,527,456. If any investors seeking for long time returns and a project with a good foundation it is the option to go for. Axie Infinity currently holds the 52nd rank in the crypto chart.
  2. STEPN- A first move to earn Web3 tokens available in the crypto sphere aims to drive a million users to espouse a good lifestyle. Considering the technical analysis holds a worth of $0.496346 USD and has upsurged 20.55% with a trading volume of $546,329,573. Experts foresee the value to increase rapidly considering the current growth. STEPN currently holds the 111th rank in the crypto chart.
  3. Osmosis- Osmosis associated with the Terra blockchain platform enhances the user base by staking opportunities. This blockchain is a Defi environment which is why it is highly competitive. Currently, Osmosis is holding a value of $0.976213 USD and has surged 16.68% with a trading volume of $100,328,700. Osmosis currently ranks 78th in the crypto chart.
  4. Flow- A user-friendly, decentralized blockchain technology Flow can be utilized in all kinds of payment like incentives, tokens, and fees. The current value of Flow is $1.20 USD and upsurged 12.98% with a trading volume of $184,213,838. Flow currently ranks 43rd in the crypto market.
  5. Fantom- Fantom is acknowledged as a popular and disruptive technology that assists in improving the decentralized service of finance. The protocol of Fantom called as Lachesis protocol processes a thousand transactions in seconds. The current value of Fantom is $0.3833 USD and upsurged 11.73% with a trading volume of $402,534,867. Fantom currently ranks 51st in the crypto market.
  6. Filecoin- A decentralized in nature crypto coin Filecoin aims to offer earning through Filecoin storage. The foundation of Filecoin are pivots, oscillators, and averages. The current value of Filecoin is $5.57 USD and upsurged 11.37% with a trading volume of $461,820,260. Filecoin currently ranks 34th in the crypto market.
  7. NEAR Protocol- Near Protocol is a popular crypto that holds a token called NEAR, used for transactions and storage fees on the platform. Near also assures retaining the security of the coin against malicious activities. The current value of the NEAR protocol is $2.62 USD and upsurged 10.60% with a trading volume of $441,720,552. NEAR currently ranks 28th in the crypto market.
  8. ImmutableX (IMX)- Investing in IMX is worth the returns that can be expected. The current value of the IMX protocol is $ 0.6928 USD and upsurged 10.37% with a trading volume of $29,623,949. IMX currently ranks 75th in the crypto market.
  9. Curve DAO Token- Curve Dao Token also popularly termed CRV gives the complete influence of their tokens by users. The current value of the CRV protocol is $ 1.09 USD and upsurged 8.47% with a trading volume of $194,731,135. CRV currently ranks 62nd in the crypto market.
  10. eCash- eCash is popularly known as XEC is faster than traditional payments like PayPal. The current value of the eCash protocol is $ 0.00003259 USD and upsurged 8.28% with a trading volume of $35,386,195. CRV currently ranks 71st in the crypto market.

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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