Tag: cryptocurrency analysis

Nov 28 2022

Litecoin Ranks #2 as LTC’s price breaks away from the market average downtrend — Top 3 Coins to Watch for Nov 28 — Dec 4

The cryptocurrency sector’s total market capitalization has climbed from $840 billion to $858 billion last week. It seems that the sector is slowly recovering from the big bleed caused by the FTX and Alameda fiasco, but this time the recovery is surprisingly not being led by Bitcoin and Ethereum. Rather than that, altcoins like BNB, DOGE and LTC have contributed the most towards...

Nov 21 2022

Trust Wallet Token Ranks #1 as crypto holders seek a safe and easy-to-use self-custody wallet solution — Top 3 Coins to Watch for Nov 21—Nov 27

The cryptocurrency sector has entered Week 47 with a bit higher total market capitalization than last week ($840 billion on November 20 as compared to $837 billion on November 13) despite the continuation of the FTX and Alameda horror story. Throughout last week it became clearer which companies and exchanges had exposure to FTX or Alameda and are therefore in greater trouble. At...

Nov 14 2022

Solana Ranks #2 as the FTX linked sell-off tipped SOL into a potentially exaggerated bear market —Top 3 Coins to Watch for Nov 14—Nov 20

During the last week, the total cryptocurrency market capitalization fell from $1,07 trillion to just $836 billion, a drop of almost 22%. At one point on November 9, the total market capitalization was as low as $803 billion. The bloodbath on the crypto markets was caused by the collapse of FTX, the second largest cryptocurrency exchange and the insolvency of Alameda Research, the...

Nov 07 2022

BNB ranks #1 as it set a new all-time high BTC price–Top Coins to Watch for Nov 7–Nov 13

The cryptocurrency market managed to maintain a market cap of over $1 trillion throughout the majority of last week and is entering Week 45 with a total valuation of $1.06...

Oct 31 2022

Klaytn Ranks #2 as Klaytn Foundation initiates Token Buyback Program–Top Coins to Watch for Oct 31–Nov 6

The cryptocurrency market performed a smaller rally mid-last week, which carried the total market capitalization of the sector back above $1 trillion, which was a first such occurrence in over a month. However, the rally was not sustained, and the market cap quickly dropped below $1 trillion again. Do you think coins from our Top 3 Coins to Watch article can carry the...

Oct 24 2022

The Recently Launched Scalability-focused Layer 1 Blockchain Aptos and its Coin Rank #1–Top Coins to Watch for Oct 24 – Oct 30

The cryptocurrency market entered Week 43 with a total market capitalization of $948 billion. While the total market capitalization remained almost unchanged as compared to the total capitalization at the start of last week, both largest cryptos ended the week in the green with BTC gaining 1.5% and ETH twice as much. Klaytn (KLAY) and Huobi Token (HT), our #1 Top Coin to...

Oct 17 2022

Binance Coin Ranks #3 as Binance completes 21st quarterly BNB Burn–Top Coins to Watch for Oct 17–Oct 23

The total cryptocurrency market capitalization dropped by some $20 billion throughout last week, causing the cryptocurrency sector to enter Week 42 with a total valuation of only $945 billion. Judging by the fact that the total market capitalization is following a slightly decreasing trend, it seems more likely that the market will dip below $900 billion valuation before we will se market caps...

Oct 10 2022

Chainlink Ranks #1 as the project lays out plans to launch LINK staking in December 2022–Top Coins to Watch for Oct 10–Oct 16

With no major moves in the valuations of largest cryptocurrencies last week the total cryptocurrency market capitalization still lingers below $1 trillion. The only notable exception was Ripple (XRP), which gained almost 20% last week as investors still await the resolution of the SEC legal battle. Nevertheless, this was not enough to cause a noteworthy increase the total market capitalization, which stood at...

Oct 03 2022

Optimism Earns #2 Spot Thanks to OpenSea Integration–Top Coins to Watch for Oct 3–Oct 9

After another week with no bigger moves on the cryptocurrency market, the total cryptocurrency market capitalization stands at $970 billion as we enter Week 40. Bitcoin has been trading below $20,000 for the majority of the week, but the number of coins that remained unmoved in the past 90 days has hit the all-time high. This indicates that there is still a large...

Sep 26 2022

XRP Claims #1 as Investors Expect Favorable Resolution of SEC vs Ripple Legal Saga–Top Coins to Watch for Sep 26–Oct 2

The total cryptocurrency market capitalization is again in a slow but steady decline. The total valuation of all cryptocurrecies in circulation combined accounted for $945 billion at the beginning of this week. However, while the average price change last week was negative several crypto assets defied the market trend and stood out by posting high gains. Best performers of last week were Ripple...

Sep 19 2022

SweatCoin, a Recently-Launched Move-to-Earn Token, Ranks #2–Top Coins to Watch for Sep 19–Sep 25

Despite the successful competition on The Merge on the Ethereum mainnet on Thursday, September 15, ETH and the majority of other cryptocurrencies lost value last week. While the total market capitalization peaked at $1.1 trillion on Tuesday, it took a dive towards the $1 trillion line on Wednesday and dropped below this psychological line soon after The Merge was completed. Possible culprits for...

Sep 12 2022

Ethereum Ranks #1 as The Merge is Expected to Execute in the Middle of the Week –Top Coins to Watch for Sep 12–18

After a few weeks of rather sideways trading, the cryptocurrency market has demonstrated a slight growth in valuation last week. While the total market capitalizations accounted for almost exactly $1 trillion last Sunday, the total valuation of all cryptocurrencies combined stood at almost $1.1 trillion at the beginning of Week 37. Nevertheless, some cryptos exceeded the market average growth of 10%. These include...

Sep 05 2022

Kava Ranks #2 as Kava 11 is soon to be deployed on mainnet–Top Coins to Watch for Sep 5–Sep 11

After another week of rather sideways trading the total cryptocurrency market capitalization still hoovers around $1 trillion as we enter Week 36. Perhaps, as the Ethereum Merge approaches a new trend cryptocurrency market trend will crystalize, causing the total capitalization to either lift off or take a dive even deeper, below the current $1 trillion valuation. Either way the market plays out, you...

Aug 22 2022

EOS Ranks #2 Thanks to Community-Run Web3 Framework “Antelope”–Top Coins to Watch for Aug 22–Aug 28

Last week marked the end of the brief bullish period, as nearly all cryptocurrencies faced a hefty price readjustment. With leaders like BTC and ETH down by more than 11% and 16% in the past 7 days respectively, most altcoins followed the same trend with even higher weekly losses. Consequently, the total cryptocurrency market capitalization slipped from $1.21 trillion back to $1.06 trillion,...

Aug 16 2022

ETH is the #1 Coin to Watch for the Week of August 15 – August 21, 2022

The cryptocurrency market has been moving in an upward trend for the second week in a row as the total cryptocurrency market capitalization has been increasing with roughly the same rate as the week before. Last week it climbed from $1.15 trillion to $1.21 trillion, while the week before that (August 1 to August 8) we have seen the valuation rise from $1.08...

Aug 08 2022

BNB is the #1 Coin to Watch for the Week of August 8 – August 14, 2022

After a relatively uneventful Week 31 the total cryptocurrency market capitalizations sits at around the same valuation of $1.15 trillion as 7 days before. However, we are likely going to see more market shake-ups as the Ethereum mainnet merge approaches. As we have already mentioned that Ethereum should be on everyone’s watchlist for (at least) the whole month in our recent Top 3...

Aug 01 2022

QTUM is the #3 Coin to Watch for the Week of August 1 – August 7, 2022

We have reported about several important developments concerning the U.S. and global economy last week. In brief, the Federal Reserve (Fed) has announced a second consecutive 0.75%. interest rate increase on Wednesday. By hiking up the interest rated, the Fed aims to battle the raising consumer goods prices and crippling inflation. With higher interest rates money becomes more expensive to borrow, resulting in...

Jul 26 2022

ETH is the #1 Coin to Watch for the Week of July 25 – July 31, 2022

Last week the total cryptocurrency market valuation climbed from $995 billion to $1.08 trillion. The 8.5% increase in crypto market cap was most likely caused by the hype around the upcoming Ethereum Merge, which is the final step of Ethereum’s transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus. ETH rallied by more than two times the market average, climbing from $1,365 on July...

Jul 19 2022

DOT is the #3 Coin to Watch for the Week of July 18 – July 24, 2022

In the final hours of last week, the total cryptocurrency market capitalization finally peaked and touched $1 trillion level again. Nevertheless, the cryptocurrency markets entered this week with the valuation of $995 billion, just slightly below the psychological mark. Do you think that this increase in total valuation is the first harbinger of the new upward trend? Surely, we all wish to finally...

Jul 11 2022

ETH is the #1 Coin to Watch for the Week of July 11 – July 17, 2022

The total cryptocurrency market capitalization seems to be slowly climbing towards the $1 trillion level again. Throughout last week it increased from slightly less than $910 billion to $972 billion and thereby almost completely negated the losses of the week before that. Nevertheless, with no clear trend reversal in sight, this might not be enough to scare off the bears that have been...

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