Top 4 gainer altcoins of the week as the cryptocurrency market crashes

Alonzo

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Jul 16, 2023
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Top 4 gainer altcoins of the week as the cryptocurrency market crashes



Altcoin News: With Bitcoin falling by 65 thousand in the last day, there was a significant loss in the cryptocurrency market and the market value fell by more than 7 percent, losing nearly 230 billion. This decline in the crypto ecosystem has pushed altcoins into significant consolidation. Despite this retreat in cryptocurrency prices before the Bitcoin halving, there are also altcoins that closed the week strongly.

Altcoins of the week and these winners

Toncoin (TON)


While you can use cryptocurrencies, you can also buy altcoins that are easy to use. Toncoin, the native token of the Ton Foundation, with the support of the Telegram company, exhibited a rapid rise from $ 5.35 to 7.66. It gained 25 percent in value on a weekly basis, despite a 5 percent loss on April 13 due to general market sentiment. It also merges significantly with the HashKey partnership and merges with TON coin, but its price is $6.73.


VeChain (VET)


VET coin, which showed a short-term decline during the day depending on general market conditions, has gained more than 10 percent in value in the last week. Rising from $0.41 to $0.52 weekly, VET has implemented significant growth villages in partnership with UFC to manage global business. The increase in trading volume and the RSI indicator indicate continued interest in the asset.


Ethena (ENA)


Ethena (ENA), one of the most talked about altcoins in the 2nd week of April, may have a value of over 20 percent despite its daily losses. Assets approaching all-time high rates (ATH) grew by approximately 166 percent during the session. The altcoin, which has 813 million projects in terms of market volume, indicates an optimistic picture with MACD signaling in the 0.074 range and being in the 0.066 range.


Neo (NEO)


With a weekly gain of over 30 percent, Neo managed to maintain its gains despite a slight decline due to the general market consolidation. Looking at the outlook of the cryptocurrency market, Neo coin climbed to 23 of the $15 level. Its price is $19.80 and altcoin technology is used to analyze different values. In addition, the RSI value remains in the neutral region and moves close to the upward momentum.


Conclusion


While the cryptocurrency market experienced a short-term recovery, many independently acting coins continued their rise. However, new releases such as Bitcoin Minetrix and the expected cryptocurrencies that rise after listing attract attention. Bitcoin Minetrix makes mining basic and transparent by providing cloud-based solutions to mining problems. The project, which is in the sales phase, was purchased for $ 0.0146.

Visit Bitcoin Minetrix​


The information in the article is for informational purposes only. It does not constitute any investment advice. Neither your author nor cryptoparahaber.com is responsible for any profit or loss you derive from your investments. Ultimately, investment is based on a strong foundation such as knowledge, experience, research and personal decisions.


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