Huobi, Solana, Litecoin, Dogecoin and BNB topped last week's gains
The past week has been an up week for many cryptocurrencies. A flagship digital asset, for example. showed an increase of 1.3%, and the main altcoin represented by Ethereum added 4.5%. However, there are also cryptocurrencies that are really comfortable in the past week. The list of such clearly includes BNB, Dogecoin, Litecoin, Solana, Chainlink, ApeCoin, and Huobi Token if we are talking about top 50 tokens.
Solana showed the most modest results by the standards of the week's leaders. This blockchain, which trades many non-fungible tokens, started last week at $11.7 and showed strong growth from the 22nd to the 24th. During that period of time, SOL went from $11.1 to $14.85, after which it went sideways for a while and only today began its decline again. In a week, Solana went from $11.7 to $13.3, which could give an investor about 14% profit.
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BNB also showed good results. Last week started for him around $267 per token. Tuesday, just like in the case of Solana, became the starting point for the growth of this coin. In one day, Binance Coin rose from $255 to $300, and on the 26th, the Binance exchange token rose to $315. Today, the value of BNB fell to $295, however, over the past week, Binance Coin overcame it and could bring investors 15% profit.
Chainlink opens the top five of large tokens that have gained in value well. Last week began for this token of the company that develops the metaverses, it started at $5.72. Unlike the previous named tokens, this cryptocurrency began to show stable growth from the very beginning of the week, practically without stopping, and on the 26th it reached $7.25. Today, just as in the case of the rest of the LINK tokens, it dipped a little and the asset quotes already show $6.8. In general, despite the decline, Chainlink showed an increase of 17.3% over the week, and on the weekend this coin could bring investors even +20%, which is pretty good.
The top 4 leaders of the week include Litecoin, which was conceived as a direct alternative to Bitcoin. 1 LTC was estimated at the beginning of last week at a price of $60.4, and in the period from November 22 to November 23, the token quickly rose to $80, which at the moment could give investors a light +30%. However, for the rest of the week, LTC kept in the range of $75 to $79, and today the coin, following the entire cryptocurrency market, began to decline and, at the time of writing, quotes indicate a price of $72. And even with this indicator, Litecoin made +18.7% in a week.
Dogecoin and ApeCoin, although they are in different sectors of the cryptocurrency market, showed almost identical results. Both tokens could bring investors easy +27% in one week.
The meme DOGE started last week at $0.076 and gradually gained momentum, making a nice jump on the 27th. At the moment, the coin overcame a solid mark of $0.10, after which it began to decline. Now one meme token is valued at $0.96.
As for ApeCoin, the coin that is considered the main financial instrument in the Otherside metaverse, the value of APE at the beginning of last week was $3. First, it sank to $2.90, after which it began to march to the $4 mark. It was not possible to achieve this result, but ApeCoin approached the desired boundary quite close, having reached the figure of $3.90. Although today started with the fall of the coin, APE, unlike its relatives, resisted and was able to return to the previous level of $3.90, continuing its desire to $4.00.
Both Dogecoin and ApeCoin, as mentioned earlier, could bring their depositors 27% per week in a week, which is quite a good indicator, especially considering the global downtrend.
But the leader of the last week, according to the law, can be called the token of the Huobi cryptocurrency exchange. Since the beginning of last week, Huobi Token has been valued by exchanges at $4.40 apiece, and for almost the entire week, the token has gradually increased its power. A good increase took place on the 25th, which is probably related to the news about a possible merger between Huobi and Poloniex. Justin Sun, the founder of the Tron blockchain, said that these exchanges could become one and, against the background of such news, they began to invest in the coin, and today investors were actively taking profits, which led to a small drawdown. On Nov. 26, HT was able to break $7.20, which could give some investors over 60% in the moment. And even after the drop in value to $6.35, Huobi is still the leader of the last week, since with this indicator HT has an increase of 47.5%.
At the time of writing, the total capitalization of the cryptocurrency market is almost $820,000,000,000. The total volume of trades carried out during the day exceeded $45,000,000,000. The dominance of bitcoin in the market is 38%, and Ethereum is 17.5%.
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