These are the 5 best performing cryptocurrencies of the last week | Currency News | Financial and business news

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Cryptographic coins.

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While bitcoin and ether dominate the headlines, there are over 14,000 other crypto coins. With less liquidity and more volatility, these alternative cryptocurrencies can offer investors massive gains or losses in a short period of time. These are the top five performing cryptocurrencies over the past week, according to data from CoinMarketCap.

With over 14,000 cryptocurrencies existing and counted, there are more than triple the number of crypto coins than there are stocks listed on the stock exchange in the United States.

This large amount makes it almost impossible to track all the big players in the crypto industry outside of well-known coins like bitcoin, ether, and dogecoin.

The surge in the number of new crypto coins has occurred amid a massive bull market for the space, with a record bitcoin helping catapult the sector to a market valuation of nearly $ 3 trillion. But the rise is also due to smaller pieces that have seen extraordinary increases this year, most notably the solana, cardano and shiba inu.

With less liquidity and more volatility, these alternative cryptocurrencies can offer investors massive gains or losses in a short period of time. Shiba inu is down about 40% from its recent high, despite an increase of millions of percentage points since the start of the year. Meanwhile, the Squid Gambling Token fell 99% in a single day after making rapid gains of 75,000%.

Keeping an eye out for weekly winners can help investors identify which coins are starting to see increased traction in the crypto community.

These are the top five performing cryptocurrencies with a market value of over $ 1 billion over the past week, according to data from CoinMarketCap.

5. IoTeX

Symbol: IOTX Market value: $ 1.50 billion 7 day performance: 38.6%

CoinMarketCap

4. Helium

Ticker Symbol: HNT Market Value: $ 5.05 Billion 7 Day Performance: 56.6%

CoinMarketCap

3. Livepeer

Ticker Symbol: LPTV Market Value: $ 1.25 Billion 7 Day Return: 81.9%

CoinMarketCap

2. Kadena

Symbol: KDA Market Value: $ 3.33 Billion 7 Day Performance: 86.2%

CoinMarketCap

1. Buckle

Symbol: LRC Market value: $ 3.82 billion 7 day performance: 114.3%

CoinMarketCap

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