Only 3 tokens jumped in value by 10% or more in a week
Among the top 100 leading global cryptocurrencies, only 3 tokens managed to add more than 10% in value over the past week. The rest failed to demonstrate such impressive results. Moreover, approximately 80% of digital currencies have completely fallen in price over this distance. As of August 6, 2023, XDC Network (XDC), Shiba Inu (SHIB) and Bone ShibaSwap (BONE) were the highest-grossing virtual assets of the week.
The XDC cryptocurrency showed the most impressive performance, adding more than 20.7% to its price over a 7-day period. At the same time, for the last 2 days, its quotes have been steadily falling. In the past 24 hours, they fell by 6.2% compared to yesterday.
It was possible to purchase a digital asset for $0.068. The market capitalization of the XDC cryptocurrency was $953.59 million, which allowed it to be on the 45th line in the ranking of the best. Weekly trading volumes were $157.63 million. The virtual currency was still trading at 64% of its all-time price high.
Next came one of the most popular Shiba Inu meme coins. Its rate rose amid anticipation of the launch of the Shibarium Layer 2 Scaling Protocol. The value of SHIB jumped 12.76% in the reporting week. You can buy cryptocurrency for $0.0000096. The total supply of assets circulating in circulation on the market was $5.66 billion. Weekly trading volumes were $5.67 billion.
Finally, BONE rose in price by 10.77% over a 7-day period. At the same time, its rate also fell in the last 24 hours, losing 4.7%. The average cost of a digital token on crypto exchanges was $1.65, and the market capitalization was $378.9 million. The surge of interest in this digital currency was also associated with anticipation of the launch of Shibarium. Bidders completed transactions for $131.35 million over the past week.