While the top coins are lagging behind, a strange group of crypto assets are seeing double-digit gains – markets and prices Bitcoin News
The market capitalization of all 10,722 existing cryptocurrencies is around $ 1.42 trillion on Wednesday and in the last 24 hours all of these crypto assets together lost 3.92%. Meanwhile, Bitcoin occupies 45.73% of the total capitalization of $ 1.42 trillion and Ethereum holds 17.8%. With these two leading assets improving this week, the seven-day changes against the US dollar show that a large number of other crypto assets have seen much larger double-digit gains.
Steemit coins, 51% attacked tokens and forgotten crypto assets
An interesting selection of crypto assets has seen double-digit gains as larger competitors like Bitcoin (BTC) and Ethereum (ETH) saw weaker improvements. For example, BTC has gained 2.74% against the US dollar in the past seven days.
ETH is up nearly 10%, but not quite, with a 8.89% increase over the past week. While these are at least weekly improvements against the dollar, some unconventional crypto assets have risen much higher.
Steem (STEEM) is up 54% this week and cousin Steem Dollar (SBD) of the crypto asset is up over 31% in the past seven days. The two digital currencies are used for upvoting and tips on the Steemit blogging platform.
Below Steem’s 54% rise, the crypto-asset augur (REP) of the forecasting market rose 51%. REP tokens are used in the Augur system to give users the ability to create a predictive market on any topic. Another unconventional increase this week was Monero Classic (XMC) ‘s 45% jump. XMC is a fork of the Privacy Coin Monero (XMR).
Then, crypto assets, which were 51% attacked, also saw double-digit gains this week. For example, under the surge in XMC, the digital currency Vertcoin (VTC) rose 40% in the past seven days. And the coin below VTC that was also 51% attacked is Bitcoin Gold (BTG), which is up 38% this week.
Seven-day changes against the US dollar also show that the 51% attacked Ethereum classic (ETC) saw a 31% increase in the past 7-day week. Interestingly, Feathercoin (FTC), a forgotten digital currency launched on April 16, 2013, is up 29% this week.
FTC is an old coin that used to be a top ten contender for crypto market cap, but today the feather coin holds the 100th position. Market aggregators also show that Vinny Lingham’s civic token (CVC) rose 26% in seven days.
The newer meme-based ERC20 token, which shares the concept of Dogecoin (DOGE), Shiba Inu (SHIB), rose 22% over the course of the week. While the seven-day profits were higher for these crypto coins, the 24-hour stats were different. For example, ETC is down -1.57% on Monday, VTC down -4.12% and FTC down -8.29%.
What do you think of the double digit profits of this unique bundle of crypto assets? Let us know what you think on this matter in the comments below.
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