Third week of March comes to an end with good recovery after the strong falls of the previous week
Still in the context of the coronavirus crisis, the third week of March ended up being quite positive for the crypto market, with an absolute majority of currencies showing interesting gains in the week.
In this analysis we will show the performance of the 5 cryptocurrencies with the biggest gains in the last 7 days. Only currencies that are, during the writing of this text, in the general top 100 in market capitalization will enter the list. All the data below were obtained through the CoinMarketCap.
The biggest winner on our list today showed exorbitant gains. With more than 100% appreciation in the last 7 days, Numeraire climbed the list of cryptocurrencies, reaching the top 100. It may be worth following the next few weeks in a possible short.
Current value: $ 12.56
Earnings in the last 7 days: 101.64%
Market capitalization: $ 29,421,129
Position in the cryptocurrency ranking: 98th
The next three currencies on our list had an almost identical appreciation in the week. MCO ranks second here by a minimal margin. Its 50.18% gains in the week represent a good recovery from the strong drop of the previous week.
Current value: $ 4.15
Earnings in the last 7 days: 50.18%
Market capitalization: $ 65,551,918
Position in the cryptocurrency ranking: 58th
Enjin Coin (ENJ)
Very close to the second place on that list, Enjin Coin has been gaining supporters in recent weeks for its good performance. Despite having severe losses in the second week of March, ENJ managed a partial recovery, which minimizes its losses somewhat.
Current amount: $ 0.076172
Earnings in the last 7 days: 50.08%
Market capitalization: $ 62,062,809
Position in the cryptocurrency ranking: 61st
The largest cryptocurrency on that list is, by far, Dash. As one of the former participants in the top 10 crypto during the 2017 bull run, Dash hasn’t had easy years since. Although it is still a long way from its ATH, this week’s almost 50% earnings could be enough to excite the less demanding “dasheiros”.
Current value: $ 71.55
Earnings in the last 7 days: 49.68%
Market capitalization: $ 671,973,151
Position in the cryptocurrency ranking: 35
Finishing our list today we have Status. Presenting the most modest gains of this top 5 with “only” 40.86% appreciation in the week, SNT continues in its long-term slump, which has lasted since mid-2018, something that should not change with this week’s small appreciation.
Current amount: $ 0.013172
Earnings in the last 7 days: 40.86%
Market capitalization: $ 45,712,219
Position in the cryptocurrency ranking: 75th