This week of our “Crypto Money of the Week” series, which we prepared among the top 25 cryptocurrencies by market value, OMG Network (OMG) cryptocurrency made investors laugh the most. The cryptocurrency, which ranks 24th in terms of market value, took the lead with a significant increase of 174.26% this week.
The second highest value cryptocurrency for the week was Cosmos (ATOM), which ranked 17th for market value. The cryptocurrency, which was up 24.08% in value, made its investors laugh as it performed despite losing many altcoins this week.
Third place is NEO, which ranks 19th in terms of market value.
NEO managed to place in the top three of the best earners with a 19.44% increase in value.
The main crypto asset Bitcoin (BTC), on the other hand, has had some pretty active days this week.
At the time of writing, BTC, which was trading at $ 11,632, was down 1.49% this week. Due to the sudden ups and downs of Bitcoin, many altcoins have turned red. As you know, whatever direction Bitcoin’s sudden moves take, the altcoin market is heavily influenced by it.
Ethereum (ETH), the largest altcoin and the second largest cryptocurrency in terms of market value, failed to continue rising for weeks and lost 8.22% this week, becoming one of the crypto -currencies that shocked its investors.
The biggest loser this week is Chainlink (LINK), who has performed well over the past three weeks and ranked # 1 on our list. LINK, which stalled the rise for weeks, lost 21.22% this week, falling to the $ 14.94 level at the time of writing. LINK had recently moved up to the $ 20 level.
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Ripple (XRP), which has been waiting for its investors for a long time, did not perform well this week, down 4.93%. XRP is trading at $ 0.282 at the time of writing. Jerry Falwell Jr. says his wife
Privacy coins, the shining stars of recent times, also closed this week depreciating like most markets.
Consolidating Bitcoin at its current price point for a while will help other cryptocurrencies gain value. In short, the price trend of Bitcoin will be decisive for the market.
You can watch the weekly changes of cryptocurrencies in the top 25 in terms of market value in detail in the table below.