We are here with the first content of our “Most Earning Crypto Money of the Week” series, which deals with the top 100 cryptocurrencies in terms of market value. As the coinance team, we evaluated the last week for you. Here are the top-earning cryptocurrencies among the top 100 cryptocurrencies on CoinMarketCap. (The data were received at the time of writing, so they may change during the day.)
5-) Waves (WAVES)
Waves ranks 5th on the list. The high volatility that dominated the market last week led to sharp increases in the Waves market. Waves, which is currently traded at about $ 23.26, gained 69% in a week. Waves not only achieved a significant rise in a week, but also set a new ATH ($ 24.40) on April 30.
Waves launched a new algorithmic trading investment product called “Lambo Investments” on April 15th. In addition to decentralized finance (DeFi) and algorithmic trading, Waves has also achieved a leap in the fungible tokens (NFTs) industry. While the general NFT craze is decreasing, it can be said that elite investors continue to focus on them.
4-) Polygon (MATIC)
The 4th ranked crypto money will not surprise our readers who follow Coinance content regularly. The token, which we also include in the monthly evaluation, gained 100% in value last week. It also reached an all-time high price of $ 0.94 on April 30.
The token, which has been on the agenda recently with its collaborations, seems to have managed to reflect this interest in the price.
3-) OCD (OCD)
OKB gained 129% weekly value, making it third on the list. OKB set itself a new ATH ($ 40.00) about 7 hours ago.
As it is known, OKB is the local token of OKEx’s crypto exchange. OKB can be used to participate in private token sales belonging to the OKEx ecosystem, to earn passive profits or to get discounts on transaction fees in the exchange.
2-) Phantom (FTM)
As we approached the end of the list, the coin that welcomed us in the 2nd place became the Phantom with a weekly increase of 166%. The phantom has been moving up since April 23 and has made a huge leap forward in a short time.
Smart contract platform Fantom has recently successfully implemented a new network update. The update in question introduces a series of technical changes called “Go-Opera” that make the network faster, more efficient and more reliable. It was announced that the update was completed last Thursday. This update can also be considered to have a positive effect on the price.
1-) BakeryToken (BAKE)
We came to the top cryptocurrency on the list: BakeryToken. BAKE has gained 551% in value last week, outpacing all cryptocurrencies.
Perhaps this is the first time that many of you have heard of BAKE, it comes across as part of the BakerySwap ecosystem. Liquidity providers are rewarded with BAKE tokens, which can be used to get a share of BakerySwap’s trading fees and participate in voting as part of BakerySwap’s management process. BakerySwap, as expected, is a decentralized exchange using the automated market maker (AMM) model.
Binance’s recent opening of the BAKE / USDT trading pair seems to have further positively affected the rising price of BAKE.