Cryptohubinvest editorial team has selected five cryptocurrencies from the top 100 that have shown the greatest increase in value over the past week. Our criteria is based on the percentage price increase over the period in question, according to open source data.
Fantom (FTM)
Capitalization: $1.5 billion;
Maximum price: $3.1;
Issuance: $2.8 billion;
Growth for the week (Sept. 9-16, 2024): +17%.
Fantom (FTM) is a platform for smart contracts and decentralized applications focused on speed and scalability. Based on Lachesis consensus, which provides high performance and low latency, Fantom offers low transaction costs and fast data processing. With Directed Acyclic Graph (DAG) technology, the platform is capable of processing thousands of transactions per second, making it competitive in blockchain solutions. Fantom is actively used to create DeFi applications and other decentralized services.
Currently, there are more than 300 applications functioning in the ecosystem, and the average transaction value is about one cent. During the ICO, the project realized 40% of its tokens, raising about $40 million. The FTM token is used to pay network commissions and staking.
Over the past week, the coin’s value has increased by 17% and it is currently worth $0.516.
Mantra (OM)
Capitalization: $900 million;
Maximum price: $1.39;
Issue: $842 million;
Growth for the week (September 9-16, 2024): +17,5%.
Mantra (OM) is a token associated with the Mantra DAO platform, which provides decentralized financial (DeFi) services. The platform offers options for steaking, lending and borrowing cryptocurrencies, as well as management through decentralized autonomous administration (DAO). The OM token is used to participate in voting, earn rewards and access various financial services in the Mantra DAO ecosystem. The focus is on creating a fair and decentralized financial ecosystem that provides users with flexible and affordable tools to manage their assets.
The token has been performing well this year, reaching its all-time high in July 2024. Since then, the cryptocurrency has experienced a number of fluctuations, but has risen 17.5% during the period under review and is currently worth $1.07.
Sui (SUI)
Capitalization: $2.9 billion;
Maximum price: $2.08;
Issue: $10 billion;
Growth for the week (Sept. 9-16, 2024): +20%.
Sui (SUI) is a cryptocurrency linked to a blockchain platform of the same name that focuses on scalability and high performance. The Sui platform uses unique technologies to optimize transaction speed and reduce costs. It supports the creation and management of smart contracts, as well as the development of decentralized applications (dApps). The SUI token serves as the primary means to pay transaction fees and participate in network management. The platform aims to attract developers and users by offering efficient solutions for the modern blockchain ecosystem.
Over the past week, the value of the coin has increased by 20% and it is currently trading at $1.09.
Popcat (POPCAT)
Capitalization: $683 million;
Max price: $0.947;
Issuance: $980 million;
Growth for the week (Sept. 9-16, 2024): +22%
Popcat (POPCAT) is a cryptocurrency associated with a project of the same name that originally became known as an online clicker game that went viral on social media. The POPCAT token is used in the ecosystem for various purposes such as gameplay participation, rewards and purchases within the platform. The project aims to combine elements of entertainment and blockchain technology, providing users with unique opportunities to interact and earn within its ecosystem.
Nervos Network (CKB)
Capitalization: $692 million;
Maximum price: $0.037;
Issue: $44 billion;
Growth for the week (Sept. 9-16, 2024): +86%.
Nervos Network (CKB) is a blockchain platform aimed at solving scalability and interoperability problems in decentralized systems.
It uses a unique architecture based on two layers: a consensus layer (Layer 1) and a state layer (Layer 2).The network’s main currency, CKB, serves to secure the network and execute transactions.Nervos Network offers a universal solution for decentralized applications and smart contracts, giving developers the flexibility and capabilities to create innovative blockchain applications.
