Top 5 Cryptocurrencies of the Week -(Week 53)

The crypto market is witnessing a little continuation of the earlier decline. This post is all about the top 5 cryptocurrencies that performed excellently in the last seven days. Prices appeared to have bounded lower while people were busy celebrating the last week of 2021. At the time of writing this, the Bitcoin price is sitting at $47,257.39. Let’s take a look at it in more detail. 

BTC/USD Weekly chart – TradingView

5.Top 5 Cryptocurrencies: Monero (XMR) +16.9%

XMR/USD Weekly chart – TradingView

Monero is a cryptocurrency that permits a high grade of obscurity. Monero enforces Cryptonode, a protocol that covers all functions on the blockchain. Each recipient obtains a special address for each transaction, a so-called stealth address, which cannot be allocated to his public address. The recipient can utilize his private key to recognize the transaction on the blockchain. In the last 7 days, the XMR price has increased by almost +16.9%, just enough for a spot on our top cryptocurrencies list. 

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4.Top 5 Cryptocurrencies: Fantom (FTM) +17.7%

FTM/USD Weekly chart – TradingView

Fantom is a scalable and sturdy smart contract platform. According to its website, Fantom was created to solve several restrictions that have earlier reduced the performance of blockchain platforms. Fantom professes to answer a Blockchain Trilemma, which is the capacity to adjust decentralization, agility, and security in the Defi sector. In the last 7 days, the FTM price has increased by almost +17.7%, just enough for a spot on our top cryptocurrencies list. 

3.Top 5 Cryptocurrencies: Cosmos (ATOM) +19.6%

ATOM/USD Weekly chart – TradingView

Cosmos Network permits various blockchains to interact, transfer data, and complete transactions between one another. With this, other blockchains can interoperate without contesting to be the finest. Instead, the many blockchains in the enterprise can concentrate on their domain and the benefits they deliver. In the last 7 days, the ATOM price has increased by almost +19.6%, just enough for a spot on our top cryptocurrencies list. 

2.Top 5 Cryptocurrencies: Oasis Network (ROSE) +21.7%

ROSE/USD Weekly chart – TradingView

Oasis Network is a privacy-enabled smart contract platform indicating data privacy. This ecosystem assembles user data hidden in open finance. Therefore, users have complete authority over their data and they can configure the essence of its use. In a way, Oasis Network brings more reasonable data authority in open finance. In the last 7 days, the ROSE price has increased by almost +21.7%, just enough for a spot on our top cryptocurrencies list. 

1.Top 5 Cryptocurrencies: SafeMoon (SAFEMOON) +68%

SafeMoon/BUSD Weekly chart – TradingView

SafeMoon is a token that operates on the Binance Smart Chain. The creators of SafeMoon advertise the token with “safely to the moon” which signifies something like: safe to the moon. There are a whole of 1,000,000,000,000,000 (1 quadrillion) tokens. However, tokens are burned every second, which lowers the maximum number of tokens. In the last 7 days, the SAFEMOON price has increased by almost +68%, just enough for a spot on our top cryptocurrencies list.