The crypto world is bleeding red — investors are in a frenzy — the Kind and Queen are both in a downtrend. But even at times when fear is looming overhead and investors are treading low and slow, there are still coins/tokens making some good gains. Here are the top five gainers of the past seven days to watch out for:
Launched in 2020, BarnBridge (BOND) is a protocol for tokenizing risks. This altcoin from the DeFi sector has outperformed the market in the past seven days, as it gears up for its next phase, the anticipated release of version two (V2). Trading at $19.44 at the present, BarnBridge (BOND) has declined by 5.28% in the past 24 hours. This comes after a gain of 109.27% in the past seven days.
A soft fork of the RFI and Liquid on ERC-20, Neoteric (NTRC) has the combination token-mechanics of RFI and LIQ. The frictionless Yield Generation (Hold and Earn) and Perpetual liquidity meta-market-making mechanism of which grows liquidity with the execution of trades. In the past seven days, NTRC gained 134.88% while it has added 70.43% in the past 24 hours. Neoteric (NTRC) is currently trading at $0.004666.
Saudi Shiba Inu (SAUDISHIB)
A decentralized Finance (DeFi) token on the Binance Smart Chain (BSC), Saudi Shib Inu (SAUDISHIB) has an NFT platform and owns NFT collections. Moreover, the auto staking feature of the token imparts benefits to the holders from the reflections on every transaction. Currently, Saudi Shib Inu (SAUDISHIB) is hovering at $0.000000001063 with a decline of 42.13% in the past 24 hours. The token went up by 47.84% in the past seven days.
Built for the future of our planet, Grove (GVR) is a decentralized, secure green token. Grove (GVR) promises a healthier and wealthier future in an environmentally conscious way. In the past seven days, Grove (GVR) shot up by 17.98%. The token is present in the red with a decline of 27.86% at a price of $0.00000000143.
SpaceMine (MINE) makes a solar planet metaverse where users mine minerals on planets. The minerals are then swapped with its tokens (MINE), which in turn are cashed in listed exchanges. SpaceMine (MINE) has continued trading in the green with seven-day gains at 140.39% and the past 24-hours gain at 6.18%. Currently, the token is trading at a price of $0.4106. Before this, the token managed to amass 12.12%% in the past seven days.
Given the market situation and the wider bearish sentiment, there is no shortage of losers in the crypto world. Let’s have a look at the top five losers in the past seven days:
Arweave is a decentralized storage network that hosts “the permaweb” — a decentralized web that has numerous community-driven applications and platforms. Arweave is focused on managing world-archived data to ensure zero tampering. Arweave (AR) spent the past seven days in the red with losses of over 16.83%. The token has added 1.25% in the past 24 hours at the current price of $12.47.
Providing DeFi solutions, Solana (SOL) banks on blockchain technology’s permissionless nature. This highly functional open-source project has an innovative hybrid consensus model. Many experts anticipate the token to go big in the upcoming years despite the current bearishness. Solana (SOL) suffered quite a bit in the past seven days as it shed over 16.18%. The token is currently trading at $36.77, adding 2.47% in the past 24 hours.
Aave (AAVE), a decentralized finance protocol, allows users to lend and borrow cryptocurrencies. The token had been making some moves as DeFi recoveries gave a flicker of hope to crypto. But alas, the uptick could only last so long as the token then succumbed to corrections. AAve (AAVE) hence lost a value of 14.91% in the past seven days and is now trading at $82.22. This suggests an uptrend of 1.27% in the past 24 hours.
Launched in June 2018, Quant (QNT) is the first project that solved the interoperability problem. It did so by creating the first blockchain operating system. With the aim of bridging the gap between different blockchains, Quant (QNT) is built as an operating system distributed ledger technology — and Overledger Network. In the past seven days, Quant (QNT) has declined by 9.57%. The token is now trading at $95.02 with a gain of 14.48% in the past 24 hours.
A decentralized, algorithmic stablecoin of the Terra blockchain, TerraUSD (USTC) is a scalable, yield-bearing coin. Value-pegged to the U.S. Dollar, TerraUSD (USTC) promises a higher level of scalability, interest rate accuracy as well as interchain usage. Having plunged by 9.93% in the past seven days, USTC is now trading at $0.03736. This marks an increase of 12.01% in the past 24 hours.