Since 2008, Bitcoin has been the most beneficial cryptocurrency. Even so, buying Bitcoin is no longer as financially beneficial as it once was. In fact, many investors are always on the lookout for new cryptocurrencies with strong potential. This article is all about the top 5 cryptocurrencies that displayed good performance in the last seven days.
5. Top 5 Cryptocurrencies: EthereumPoW (ETHW) +14.76%
2.5 months after the fork –
✅Addresses and Tokens are not bad at all.
✅Still need to catch up in terms of Transactions.
👍👍Thanks to the users that are holding and active!
👍👍Thanks to those contract builders!#ethw #ethpow #ethereumpow #eth #ethereum #buidl #ethweco pic.twitter.com/4mf2jwQ3vb— EthereumPoW (ETHW) Official #ETHW #ETHPoW (@EthereumPoW) November 30, 2022
The EthereumPoW blockchain is the original Ethereum blockchain that uses the Proof of Work mechanism. Ethereum POW (ETHW) is a new coin that was created following the transition to Proof-of-Stake. The EthereumPoW website describes itself as “the original Proof of Work Ethereum, established and controlled by the community.”The ETHW price has surged by nearly 14.76% in the last seven days, earning it a spot on our list of the top cryptocurrencies.
4. Top 5 Cryptocurrencies: Trust Wallet Token (TWT) +17.45%
To celebrate the launch of the #TrustWalletExtension, we’re doing something.
But we’re not telling you what it is yet 🌚https://t.co/jyBUwzxJ8a pic.twitter.com/jsokzdl2BH
— Trust – Crypto Wallet (@TrustWallet) November 18, 2022
The primary reason for Trust Wallet Token’s massive rally appears to be a flight away from centralized cryptocurrency exchanges in the aftermath of FTX’s demise. Trust Wallet Token (TWT) has increased by nearly 17.45% in the last seven days, outperforming the cryptocurrency market, which has seen its net capitalization collapse by well almost $100 billion in the last few days.
3. Top 5 Cryptocurrencies: Celo (CELO) +18.24%
Announcing @TokensoftInc’s #Softernet deployment on #Celo! 🎉
Tokensoft is a top-tier launchpad that brings one of crypto’s largest testnet communities to Celo.
Learn more about how to participate ⤵️https://t.co/hyl6gSvfp6
— Celo (@CeloOrg) December 3, 2022
The ease of use and volatility of purchasing power are two of the most significant barriers to the widespread adoption of cryptocurrencies as payment tools. Celo is the blockchain that tries to solve these difficulties through address-based encryption and a stable-value asset. The CELO price has surged by nearly 18.24% in the last seven days, earning it a spot on our list of the top cryptocurrencies.
2. Top 5 Cryptocurrencies: GMX (GMX) +21.64%
— GMX 🫐 (@GMX_IO) April 8, 2022
The utility and governance token is GMX. Receives 30% of the platform’s generated fees. The number of tokens actively involved and the number of tokens used only for marketing/partnerships will decide the rise in circulating supply. The total peak supply is 13.25 million GMX tokens. The GMX price has surged by nearly 21.64% in the last seven days, earning it a spot on our list of the top cryptocurrencies.
1. Top 5 Cryptocurrencies: Fantom (FTM) +27.30%
The next generation of gaming is being built today.
Discover your favorite #GameFi, on #Fantom 🎮 pic.twitter.com/stSbbtQLIE
— Fantom Foundation (@FantomFDN) October 17, 2022
Fantom claims to have solved the Blockchain Trilemma, or the ability to balance decentralization, speed, and security in the Defi sector, which has been a difficult feat to date. To accomplish this, Fantom employs its permissionless protocol, employing the aBFT to address decentralization and security issues before addressing speed issues due to asynchronous transactions. The FTM price has surged by nearly 27.30% in the last seven days, earning it a spot on our list of the top cryptocurrencies.
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Source: https://cryptoticker.io/en/top-5-cryptocurrencies-week-48-2/