BLUR, APE, KLAY, and MINA Led the Market Rally This Week

BLUR, APE, KLAY, and MINA Led the Market Rally This Week 

BLUR, APE, KLAY, and MINA led the market rally this week. Last week, bitcoin managed a marginal increase of 2.7% against the US dollar, while Ethereum saw a rise of 6.5%. Consequently, a range of other cryptocurrencies registered significant double-digit rises, and the non-fungible token (NFT) BLUR shot up by 72% in the past week.

17 Crypto Assets Register Double-Digit Growth

17 digital assets registered double-digit growth, with BLUR leading from the front with a 72% surge this week. The total market capitalization of the crypto sector reached USD 1.43 trillion as of November 26, 2023. 

Apecoin (APE) followed behind BLUR with an increase of 26.3%, while Klaytn (KLAY) ascended closely by 26%. Mina protocol (MINA) climbed 24.1%, and Illuvium (ILV) was up 22.9% over the week, as per the data shared by coingecko.com.

Uniswap (UNI), Sui (SUI), and Bittensor (TAO) also registered increases, ranging from 16% to 19.2%. Several digital assets also declined this week, alongside the gains.

Celestia (TIA) led the pack of losers with a 21% decline over the past week, and Rollbit (RLB) lost 8.1% in value. MATIC too fell by 8%, and Kaspa (KAS) was down 6%.

XDC, BNB, SOL, CAKE, and SHIB failed to perform during this week. USDT, BTC, ETH, and USDC have recorded the highest trading volumes this week. 

Bitcoin Commands 51.2% of the USD 1.43 Trillion Crypto Economy 

The market value of Bitcoin represents 51.2% of the total USD 1.43 trillion crypto economy, while Ethereum accounts for 17.5% as of November 26, 2023. The leading gainers in the 24-hour performance are SUPER, ETHW, ROSE, PRIME, and MAGIC, and notable losers are SNX, SEI, FTT, and PENDLE.

The top-performing cryptocurrencies this week registered less growth in comparison to the previous week, which witnessed several coins achieving triple-digit growth during the week.

What is your take on the biggest gainers and losers of the week in the world of crypto trading? Please share your thoughts and opinions in the comments section below.