Bitcoin (BTC) price fell below $95,000 and, as is often the case, the action caused panic among investors and dragged down the rest of the market.
Currently, most of the virtual currencies and tokens that make up the top 100 market capitalizations are They record weekly losses of more than 10%.
The assets that have fallen the most over the past 7 days are Internet Computer (ICP), Filecoin (FIL), and Canton (CC).
but, There are three assets that stand out in countering the red tide that weighs on the market. And it generates significant profits every week.
These are decred (DCR), starknet (SRTK), and AB (AB), as shown in the following diagram.
The cryptocurrency that best resists market decline is DCR, a protocol based on community participation, governance, funding, and sustainable development. In the past 7 days, its price has increased from $24.3 to $31.4, which corresponds to an increase of 29.2%.
As reported by CriptoNoticias; DCR’s impressive performance is partially explained by its strong level of staking.– More than half of the total supply (21 million units) is blocked, reducing available supply and increasing upward pressure.
In addition to this, project funding reached a historic high of over 867,000 DCR, which is critical funding to sustain self-funding and protocol development.
Another standout asset is Starknet (STRK), the native token of Ethereum’s Layer 2 (L2) solution, which has gained 23% over the past seven days.
The reason behind this good performance is that the ecosystem It is gaining momentum thanks to several ongoing updates, including a tokenized Bitcoin-focused financial platform.
Added to this is the presentation of the proposal “Ztarknet” which attempts to connect Starknet and Zcash. This effort, backed by Starknet co-founder and Zcash key figure Eli Ben-Sasson, has brought renewed attention to STRK.
Finally, there is AB, a token of a protocol aimed at decentralized governance, artificial intelligence, and the Internet of Things (IoT).
In just 7 days, the asset price increased from $0.0058 to $0.0069, which corresponds to an increase of 19%.
reason? AB DAO is partnering with World Liberty Financiala decentralized finance (DeFi) platform linked to the Trump family, will integrate the USD1 stablecoin.
The idea behind this collaboration is to expand AB Chain’s DeFi ecosystem. In parallel, AB Wallet is working on enabling USD1 transfers and evaluating its performance within the network.
(Tag translation) Altcoin
