The crypto market has been somewhat volatile in recent weeks. While we have certainly seen some nice rises since the crash in November, you can’t really say that the crypto market is fully back on track. However, a number of coins have risen very well in the past week. Today we look at the 4 coins from the top 50 that have risen the most in the past week.
Ripple – XRP
First up we have Ripple – XRP that has risen 10.9% in the last 7 days and took over the sixth place of largest crypto currencies when it comes to market capitalization. The reason for this rise is a new breakthrough in the lawsuit going on around the coin.
Polkadot has also risen nicely over the past week, up to 10.4%. This puts DOT currently at $18.50 with a market capitalization of just over $20 billion. A nice rise, because since the beginning of November Polkadot has been on a downward spiral.
Monero – XMR
Monero has also risen significantly in the past week. To be exact, XMR has risen 15.7% in the past 7 days. Monero is known for the fact that everything is completely private. The transactions are therefore not traceable. Because of this, XMR is said to be very popular among Russian people. Whether this is the reason for the price increase is difficult to determine.
The last coin in the list is Waves, which is currently at spot 50 in the list of largest cryptocurrencies. Currently, WAVES is worth $27.28, having risen by a whopping 48% in the past 7 days. As a result, the market cap of WAVES is now nearly $3 billion.