5 Best Performing Cryptocurrencies of this Week: Casper, Trust Wallet Token, Toncoin, Internet Computer, Quant
Table of Contents
Want to know which cryptocurrency performed well this week?
Let’s check it out…!!!
Cryptocurrency markets are known for their volatility and fast-paced nature. With prices changing in the blink of an eye, it can be difficult to keep up with which currencies are performing well and which ones are struggling. This is why we’ve compiled a list of the 5 best performing cryptocurrencies this week.
5 Best Performing Cryptocurrencies of this week
- CASPER
- TRUST WALLET TOKEN
- TONCOIN
- INTERNET COMPUTER
- QUANT
Casper CSPR
Market Cap: $677,473,549
Circulating Supply: 10,989,114,585
Casper is future-proof blockchain technology and a public smart contract platform empowering creators, communities, and businesses. Casper uses a Proof-of-stake consensus mechanism for its security.
Weekly Analysis: The price on April 28, 2023, was $0.05444 with a 24h trading volume of $12.95M. It surged to $0.06342 with a 24h trading volume of $20.09M on May 1, 2023.The price then dropped gradually, however, regained its upward trend again. The current price at the time of writing is $0.06145.
Top 5 Artificial Intelligence Tokens
Trust Wallet Token TWT
Market Cap: $491,174,691
Circulating Supply: 416,649,900 TWT
Trust Wallet Token is a BEP-20 utility token beneficial for Trust Wallet users. Trust Wallet is a mobile cryptocurrency wallet where users can buy, store, and collect NFTs and also can earn cryptos. Trust wallet allows users to exchange cryptocurrencies, earn interest on cryptos, and track charts & prices.
Weekly Analysis: The price was $1.1729 at a 24h trading volume of $12.41M on April 28 and with some ups and downs reached the highest value of $1.2166 at a 24h trading volume of $16.78M on April 30. Then the price slowly started slowing down, however, it regained its position again. Currently TWT is trading at $1.18.
Toncoin TON
Market Cap: $2,559,413,830
Circulating Supply: 1,221,401,181
Toncoin is a decentralized layer-1 blockchain network designed by Telegram. TON uses a proof-of-stake mechanism to process the transactions. TON is used for network operations, transactions, games, and collectibles. Users can stake their tokens.
Weekly Analysis: The price of TON on April 28 was $2.2101 with a 24h trading volume of $18.54M. TON has been sloppy for a few days. It went as low as $2.0317 On May 4. However, the price has been slowly pumping up since yesterday. The current price at the time of writing is $2.10.
6 Trending Cryptocurrencies in 2023
Internet Computer ICP
Market Cap: $2,607,449,299
Circulating Supply: 435,847,575
Internet Computer is a blockchain that allows decentralized apps to run at web speed. ICP tokens are used to participate in governance, and decentralization swaps, and also be converted into cycles to pay gas fees. The ICP ecosystem allows users to swap the tokens on DEX, collect NFTs, or tip friends while chatting.
Weekly Analysis: On April 28, the price was $5.9386 with a 24-trading volume of $47.55M. The price drastically increased to $6.7577 with a 24h trading volume of $86.78M the very next day. Then, it kept slowing down day by day. However, it has now moved towards an upward trend. The current price of ICP at the time of writing is $5.95.
Quant QNT
Market Cap: $1,364,122,118
Circulating Supply: 12,072,738
Quant is a blockchain-enabled operating system that connects blockchains and networks without compromising the efficiency and interoperability of the network.
Weekly Analysis: On April 28, the price was $113. 24 with a trading volume of $15. 65M. The price surged to $118. 67. However, it experienced a huge dip in the last few days. The price slowly started gaining momentum. The current price at the time of writing is $113.19.
New cryptocurrencies have been launched every day. So, it becomes hard to choose one. As cryptocurrency is a volatile market, investors need to be cautious while investing in these digital assets. Detailed research is needed before trading.
