Another week has passed, meaning it’s time for another weekly recap. An eventful week in terms of movement, as the ranking itself showed certain changes. Besides that, we are a little more than two weeks away from the end of the year, so let’s take a look at how the market is doing:
Top 10 Cryptocurrencies - Market Value
1 - BTC: $7060.3, with a change of -2.77% since yesterday and -6.05% since last week.
2 - ETH: $142.2, with a change of -1.91% since yesterday and -3.78% since last week.
3 - XRP: $0.2157, with a change of -2.27% since yesterday and -5.48% since last week.
4 - USDT: $1.005, with a change of 0.10% since yesterday and -0.20% since last week.
5 - BCH: $206.09, with a change of -2.57% since yesterday and -2.42% since last week.
6 - LTC: $43.44, with a change of -2.54% since yesterday and -4.13% since last week.
7 - EOS: $2.581, with a change of -1.94% since yesterday and -5.73% since last week.
8 - BNB: $14.33, with a change of -3.57% since yesterday and -8.32% since last week.
9 - BSV: $92.92, with a change of -0.39% since yesterday and -2.73% since last week.
10 - XTZ: $1.65, with a change of -6.57% since yesterday and 14.50% since last week.
The first noticeable point is that XTZ displaced XLM for the 10th spot in the ranking, after a month of quite strong growth. Earlier this year, the same spot was tightly contested between Stellar, Cardano and TRON, but the former managed to lock down the spot for a few months now. Whether Tezos will maintain this spot will be seen in the next few weeks.
Regarding the overall market, we saw a week of slight drops all around. BTC dropped below the $7,500 mark and is now trading slightly above $7,000, with indicators showing signs of more drops coming in the short term. As usual, the rest of the market moved similarly, dropping around $10 billion of its total market capitalization. This are not encouraging sights towards the end of the year, but the trends are not strong enough to prevent a quick reversal.
Top 10 Cryptocurrencies - Performance
1 - TOMO: $0.7229, with a change of 166.85% since last week.
2 - BCD: $0.5313, with a change of 88.97% since last week.
3 - XRC: $2.39745, with a change of 59.20% since last week.
4 - GO: $0.01577, with a change of 41.97% since last week.
5 - BTM: $0.07385, with a change of 37.42% since last week.
6 - AT: $0.001231, with a change of 34.85% since last week.
7 - IHF: $0.03526, with a change of 32.91% since last week.
8 - MRK: $0.0009903, with a change of 31.78% since last week.
9 - GET: $0.2916, with a change of 30.45% since last week.
10 - NPXS: $0.0001451, with a change of 28.60% since last week.
This means our next special feature will cover TomoChain, an alternative blockchain that wants to take full advantage of the Proof-of-Stake Voting (PoSV) system to develop a chain that can validate transactions in 2 seconds and work with almost-zero transaction fees.