While the crypto economy shed billions in value this week, 18 different digital assets have accrued double-digit gains during the last week. At the same time, the top two leading crypto assets by market capitalization, bitcoin and ethereum, have lost between 2.8% to 6.2% in value in seven days.
18 Crypto Assets See Values Increase by Double-Digits
Bitcoin (BTC) and ethereum (ETH) have lost a bit of value according to weekly statistics, and a number of alternative digital assets have done a whole lot better. Today, the crypto economy is worth $2.36 trillion and it is down 2.9% during the last day. BTC has shed 2.8% in value during the last seven days, and ETH has lost 6.2% since last week. However, 18 crypto tokens have accrued double-digit gains against the U.S. dollar this past week.
For instance, Sushiswap’s decentralized exchange (dex) token sushi (SUSHI) has gained 67% during the last seven days. Near (NEAR) jumped 57.8%, fantom (FTM) climbed 49.6%, and oasis network (ROSE) spiked 48% during the course of the week. Other top weekly gainers included convex finance (+35.7%), aave (+33%), theta network (+24.8%), uniswap (+19.2%), osmosis (+18.2%), kadena (+16.8%), iota (+15.8%), and the sandbox (+15%).
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Cosmos, polkadot, enjin, monero, celo and curve token also saw double digit gains this week as well. Out of the $2.36 trillion in value, across more than 12,000 crypto assets, BTC’s dominance is 38.3% while ethereum’s dominance is 19.1%. Discussing bitcoin (BTC) prices with Bitcoin.com News, the co-founder of Huobi Group, Du Jun, said that the price of bitcoin tends to stabilize and traders
