The past week was virtually unforgettable for the cryptocurrency industry. However, immediately 2 digital currencies from the list of top 100 by maximum capitalization demonstrated impressive rate growth rates over a distance of 7 days. The point was that Toncoin (TON) and THORChain (RUNE) had risen in price significantly. They far surpassed their competitors in terms of soaring quotes over the specified time period.
According to data as of the morning of September 18, 2023, the price of TON was fixed at $2.34. This figure increased by 37.3%, despite the fact that the asset rate decreased by 3.75% over the past day. By the way, it should be noted: over a period of a month, the price of Toncoin has already skyrocketed by 79.6%. This happened due to the fact that it became known about the integration of this cryptocurrency into the popular Telegram messenger. The total capitalization amounted to $8.02 billion, and the weekly volume of transactions with TON exceeded $228.14 billion.
Another cryptocurrency, RUNE, did not rise in price as significantly, but also pleased its own holders. Its quotes jumped by 23.3% during the reporting period. It seemed possible to buy THORChain for $1.87, and its total supply was fixed at $627.44 million. Traders secured transactions with digital currency for a total amount of $648.14 million during the week.
However, in the last 7 days there were also those cryptocurrencies that significantly disappointed their holders. So, for example, Astar (ASTR) fell in price by 15.4% over the reporting time period.
Its price dropped to $0.05. Thus, it fell back to 99th place in the ranking of the best in terms of capitalization. It amounted to only $268.45 million. Weekly trading volumes amounted to $75.28 million. The cryptocurrency was trading 85% cheaper than its historical price maximum.