The cryptocurrency market is jumping. Major cryptocurrencies like Bitcoin, Ethereum and Ripple are showing great performance, but some of the altcoins are also showing insane progress. At the time of writing, the Bitcoin price is $ 18,132.79. here are the the top 5 performing cryptocurrencies of the week (week 17). Let’s take a look in more detail.
BTC / USD Weekly Chart: TradingView
5. yearn.finance (YFI) + 35.2%
YFI / USD Weekly Chart: TradingView
yearn.finance is DeFi’s latest superstar. Since it was released in mid-July this year, the token has gained over 1,000% in value. yearn.finance offers several solutions to make it easier for the investor to invest in the DeFi area. Includes interest rate optimization, insurance, and more. Andre Cronje, the developer of the project, is extremely active and works out one draft after another. Over the past 7 days, the YFI price has risen by almost + 35.2%, just enough to enter our list of the top 5 cryptocurrencies.
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4. Sushi (SUSHI) + 40.1%
SUSHI / USD Weekly Chart: TradingView
Sushi is committed to changing the AMM market and also adding extra features not previously featured on Uniswap, such as improved rewards for network members through its internal token, SUSHI. It is running consistently well. Sushi was launched in September 2020 as a fork of Uniswap. Over the past 7 days, the price of SUSHI has risen by almost + 40.1%, just enough to enter our list of the top 5 cryptocurrencies.
> Click here to buy SUSHI! <
Deutsche Bank: Bitcoin more popular than gold as a value investment shop!
3. Waves (+ 47.1%)
WAVES / USD weekly chart: TradingView
The waves describes itself as an open blockchain protocol and development toolset for Web 3.0 applications and decentralized solutions. The coin is consistently showing good performance over the past few days. The price of the waves has risen nearly 47.1% in the past seven days, just enough to make it onto our list of the top 5 cryptocurrencies.
>> Click here to buy WAVES <
2. Huobi BTC (HBTC) + 59.1%
HBTC Weekly: CoinMarketCap
Launched by Huobi Blockchain Team, HBTC is defined as a standard ERC20 token backed by 100% BTC. While it supports Bitcoin-like value, it also has Ethereum’s adaptability. As a link between the centralized exchange and the DeFi market, HBTC claims to enable users to engage in the DeFi market by providing high quality assets to the DeFi market. Over the past 7 days, the price of HBTC has risen by almost + 59.1%, just enough to enter our list of the top 5 cryptocurrencies.
>> Click here to buy HBTC <
Should you buy Bitcoin at this price? The legendary investor says yes!
1. Ripple (XRP) + 63.5%
XRP / USD Weekly Chart: TradingView
Ripple (XRP) has shown extraordinary development. The third-largest coin by market cap has increased by nearly 45%, and its trading volume has also increased by nearly 100% in the past couple of days. The exact reason for this price increase is still unknown, but it could be that one of the largest banks in the world, Santander, has processed 450 million euros in transactions with the Ripple-powered One Pay FX system.
>> Click here to buy XRP! <
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