The crypto market overall is bullish with the most top 100 coins in green at the time of writing.
top crypto
Bitcoin rose slightly over the weekend and was trading above $30,000 at the time of writing. Last week has seen an increase of about 3.3% from its closing point on Friday.
Ethereum, the second-largest cryptocurrency, also gained nearly 3% over the same period and has been trading for over $2,000 in recent weeks.
Outside the top 10, AVAX and Shiba Inu were the biggest winners, rising over 6%. Tron’s TRX is up almost 3%, as are the top 20 coins.
In the wake of Terra’s collapse, some investors are trying to avoid the project, while others are trying to pick up the pieces.
Experts are warning that watchdogs will use the phenomenon to advance broader stablecoin regulation. Four-fifths of Terra holders voted on Terra’s governance proposal to rebuild the protocol, but without the algorithmic element.
top movers
Outside the top 20, the trend was similar, with most coins increasing in value by 3-9%. Notable standouts include eCash with 14%, Neo with 17%, and Convex Finance with 13% and the related Curve DAO token.
eCash is on the rise as the competition for cash prizes in its native token XEC is coming to an end soon. Holders have been asked why they prefer eCash. The best answer will get 1 million XEC.
An exciting Moon Creatures NFT airdrop is coming soon, and Neo’s token is popping up on the news. TerraUSD (UST) is currently trading at $0.07, up 13.63% to date.
At the other end of the scale, Kyber Network’s KNC lost 4% and Zilliqa lost 3%, both reversing recent gains.
trend
The biggest winner today is SweetSOL (SSOL), a multilayered hyper-deflationary token that allows you to have passive income in your wallet through their mining protocol.
Each transaction with SSOL provides for 3 functions: Burning, Reflecting and Liquidity Generation. SSOL has increased its value by 1,038 percent today.