In the last week, bitcoin experienced a modest increase of 2.7% against the U.S. dollar, while ethereum saw a rise of 6.5%. Concurrently, a range of other cryptocurrencies registered significant double-digit advances, notably the non-fungible token ( NFT) marketplace Blur’s token BLUR, which soared by a significant 72% this past week.
7-Day Crypto Snapshot: BLUR, APE, KLAY, and MINA Lead This Week's Market Rallies
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17 Crypto Assets Record Double-Digit Growth
As of Sunday, November 26, 2023, the total market capitalization of the cryptocurrency sector stands at $1.43 trillion. This week, 17 distinct digital currencies achieved double-digit growth, with BLUR at the forefront with a 72% surge.
Trailing BLUR, apecoin (APE) escalated by 26.3%, and klaytn (KLAY) observed a comparable ascent of 26%. Further, mina protocol (MINA) climbed by 24.1%, while illuvium (ILV) rose 22.9% over the week, as per the data from coingecko.com.
Pursuing ILV, cryptocurrencies such as uniswap (UNI), sui (SUI), and bittensor (TAO) also experienced notable increases, ranging from 16% to 19.2%. Nevertheless, alongside these gains, several digital assets witnessed declines this week.
Celestia (TIA) experienced a significant drop, losing 21% over the week, and rollbit coin (RLB) decreased in value by 8.1%. Additionally, MATIC fell by 8%, and kaspa (KAS) suffered a 6% decline.
Other cryptocurrencies that didn’t fare well during this seven-day period include XDC, BNB, SOL, CAKE, and SHIB. On the flip side, the four digital currencies with the highest trading volumes this week were USDT, BTC, ETH, and USDC.
Within the $1.43 trillion crypto economy, bitcoin’s market value represents 51.2% of the total, while ethereum accounts for 17.5% as of November 26. In terms of 24-hour performance, the leading crypto gainers include SUPER, ETHW, ROSE, PRIME, and MAGIC, whereas the most notable losers are SNX, SEI, FTT, and PENDLE.
This week’s top-performing cryptocurrencies displayed less vigorous growth compared to the previous week, which witnessed several coins achieving triple-digit increases over a seven-day span.
What do you think about the week’s biggest gainers and losers in the world of crypto trading? Share your thoughts and opinions about this subject in the comments section below.
