The crypto markets have recently enjoyed a positive rally. Bitcoin (BTC), as so often, launched the chain reaction and broke the resistance level at $ 7,000. In a very short time, the king of the cryptocurrencies had gained 10% within 24 hours. Markets followed the uptrend, with Stellar Lumens (XLM), Cardano (ADA) and EOS (EOS) the most prominent.
Stellar Lumens (XLM)
At 24.9%, Stellar Lumens' cryptocurrency recorded the highest percentage increase in the last 24 hours. At the time of going to press, Stellar Lumens' share price was $ 0.29. Already yesterday the coin had recovered from 0.23 USD to 0.25 USD. The cryptocurrency had a market capitalization of $ 5.5 billion at the time of writing. In the ranking of the largest cryptocurrencies by market capitalization, she was ranked sixth.
The high of the coin this week was also at $ 0.29. The low point last week was July 12, when the price was $ 0.18. It is worth noting that Stellar Lumens (XLM) is one of the five coins that Coinbase is currently reviewing for listing.
Another surprise was the cryptocurrency Cardano (ADA). In terms of price increase in the last 24 hours before the editorial deadline, she took second place with 17.84%. At the time of writing the coin had a price of 0.17 USD. Yesterday's rally had driven the price from $ 0.15 to $ 0.18. On the list of the largest cryptocurrencies, Cardano ranked eighth with a market capitalization of $ 4.7 billion.
Over the past week, the cryptocurrency has slowly recovered to $ 0.15. Still on July 13, the Coin had its week low and was traded for $ 0.12. It may have had a positive impact on Cardano that founder Charles Hoskinson shared much information about software updates.
Cryptocurrency EOS took third place in terms of percentage growth. EOS has been gaining momentum since yesterday. The price of the coin rose from $ 7.99 to $ 8.41, reaching a high of $ 9.17. This is in stark contrast to the low of 12 July, when a coin was worth only $ 6.70. Measured by market capitalization of $ 7.9 billion, EOS ranked fifth on the list of the largest cryptocurrencies by market capitalization.
Also for EOS, the week had already brought positive news. This involved investments in Block.one by Bitmain and Peter Thiel. However, there were also allegations that the EOS community was manipulating the gas courses on the Ethereum Blockchain.
Sources: Cryptocurrency courses, Coinbase, Bloomberg, Pixabay
Author: Peter Joost – Source Post: https://www.kryptovergleich.org/nach-bitcoin-rallye-eos-stellar-lumens-xlm-and-cardano-ada-as-the-griest-winner/
Disclaimer: CoinNewsDesk.com is a crypto news portal, financial discussion forum, and content curator / aggregator. Articles on Coin News Desk are provided for entertainment and information purposes only. We are not an investment advisor and do not provide financial advice.
We can not review all articles posted on CoinNewsDesk.com. Please independently research and verify any information here before relying on it as fact. It's also important to do proper due diligence and analysis, including consulting a professional financial advisor. No content on Coin News Desk makes any recommendation to enter into any type of investment or engage in any investment strategy on this website.