Weekly RoundUp: Binance Is Biggest Gainer For Two Consecutive WeeksMarch 11, 2019
The past seven days weren’t that robust on the crypto market, but at least there was an alteration in upward adjustment. The market closed the previous week at $129.9 billion. However, the just ended week saw an increment of almost $5 billion in the total value of market capitalisation by bringing it to $134.7 billion.
Cryptosphere keeps battling its most bitter ‘winter since its inception. For a market to diminished from $800 billion to the $100 billion regions tells you the magnitude of it all.
For the entire week, only one coin succumbed on top 10 with the other nine staying in the greens with some significant gains. The feeblest earnings for the week was 0.55 per cent.
Binance recapitulates to leverage the launching of its Decentralized Exchange (Binance DEX) to pump. The exchange token for two consecutive weeks has seen the highest growth rate on the top echelons.
Top 10 Weekly Standings At Midnight GMT+2
Market leader Bitcoin closed the week with the 3rd least germination of 2.80 per cent. At the time of filing this report, it was selling for $3951.43 to remain the most valuable cryptocurrency. Will the price hit $4000 again this week?
Ether has persevered its stability and is still at number two. The Pathfinder of Smart Contracts earned 3.69 per cent in the week to sell at $136.77.
XRP, in fact, recorded the least profit of 0.055. The number three on top 10 was sold on the exchanges for $0.313214.
Meanwhile, Litecoin registered two feats in the week with the second biggest gain of the week and dislodged EOS from the 4th rank. Its weekly growth rate was 18.66 per cent and the price – $57.17.
EOS has to contend with the 5th position, and it is now priced $3.73. The infrastructure for decentralised application was up in value by 5.92 per cent.
On the 6th rank, Bitcoin Cash nailed it 1.61 per cent. The soon to be anonymous Crypto could be bought on exchanges for $132.93.
BNB keeps putting a smile on the faces of its hodlers with significant gains for a fortnight in a roll. After displacing Tether from the 7th speck, it went ahead to post a 26.53 expansion to sell at $14.52.
Stablecoin, Tether was the only entity that couldn’t make a profit for the seven days in review. It plunged 0.07 finishing with a price of $1.01.
Stellar also didn’t disappoint its investors considering it grew 15.63 per cent with an accompanying market price of $0.099833. This is very imperative for the XLM community in these hard times.
In the same winning vein, but not so attractive, bottom-placed among the elite cryptos, Tron surged 1.96 per cent and was being offered for sale at $0.023067.
It wasn’t an exciting close, however, it was better than last week. Anyway, if the trend doesn’t reverse, then it would all be good for the global crypto community.