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The cryptocurrency market is a volatile one, with prices fluctuating wildly on a daily basis. However, there are always a few cryptocurrencies that stand out from the crowd, posting impressive gains. Here are the top gainers of the week, according to CoinMarketCap:
- RENDER TOKEN is up 14.58%
- KAVA is up 13. 40%
- TRON is up 9.70%
- HUOBI TOKEN is up 3.60%
- NEO is up 3.44%
These cryptocurrencies have all seen significant gains in the past 7 days, and they could be worth considering for your investment portfolio. However, it is important to remember that cryptocurrency is a risky asset, and you should only invest what you can afford to lose.
Also read: Bitcoin Price prediction
Here are the list of Top 5 Cryptocurrencies this week
Render Token(RENDR) has experienced a significant rise, increasing by almost 65% in the last two weeks. Render Token is a distributed GPU rendering network built on Ethereum Blockchain.
The price of RNDR as of May 18th was $2.34 with a daily trading volume of $303.3M and then the value slightly dropped to $2.27 on May 20. RNDR picked its momentum and started moving upwards reaching the mark of $2.77 with a 24h trading volume of $207.5M on May 23. Though the value dropped to $2.4 yesterday, it regained its value and started climbing up. The current value at the time of writing is $2.74 with a 24h trading volume of $292.4M.
The market cap of RNDR is $990,591,145 with a total supply of 530,962,614.98 RNDR.
Kava has soared 42% since last week. Kava is a Layer-1 blockchain that combines the speed and interoperability of Cosmos.
Kava started the week with a price of $0.968 with a 24h trading volume of $39.8M on May 18. it then slowly started to pick up momentum and started to move in an upward trend. On May 23, it reached a peak of 1.287 with a daily trading volume of $88.49M. The value slowly started to come down, however, it is still in the green zone.
The current price at the time of writing is $1.107 with a 24h trading volume of $81.7M. The market cap of KAVA is $590,770,306 with a total supply of $535,227,683 KAVA.
Tron (TRX) is a decentralized blockchain-based operating system developed by the Tron Foundation. Tron started in a red zone on May 18 to May 20, however, started an upward trend from then.
The price as of May 18 was 0.07058 with a daily trading volume of $185.9M and for a few days, the value tumbled and then slowly started to pick the momentum and start rising and reached the height of $0.07927 with a daily trading volume of $404.89M. Tron has a few frequent slight drops, however, maintained in the green zone till now.
The current price of TRON is $0.07702 with a 24h trading volume of $232.9M. The market cap of Tron is $6,955,549,137 with a total supply of 90,304,496,008.15 TRX.
Huobi Token (HT), a decentralized digital asset, is the native token of the cryptocurrency exchange Huobi Global, based on the Ethereum blockchain. The cryptocurrency started the week in a red zone and stayed there without any momentum.
The price as of May 18 was 2.9252 with a daily trading volume of $19.98M. It stayed in the red zone until May 22. HT entered the green zone on May 22 and reached its peak on May 24 with a price of 3.1869 with 24h trading volume of $19.06M.
It is currently trading under green with a price of $3.09 with a trading volume of $19.53M at the time of writing.
Neo is an open-source community-driven blockchain platform for building decentralized applications. There are two types of Native tokens in the Neo system: NEO, the governance token, and NeoGas, the fuel token used for paying network fees, smart contract deployments, and in dApp purchases.
On May 18, the price was 9.3192 with a 24h trading volume of $22.67M that was trading in the red zone. The crypto slowly started upward and moved towards the Green zone from May 22 and reached its peak of $10.72 with a daily trading volume of $129.60M.
The current value at the time of writing is $9.97 with a trading volume of 118.00M. The market cap is $703,343,306 with a total supply of 100,000,000 NEO.
Do your research before investing in any cryptocurrencies…
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