The year 2022 was one of the most destructive years for cryptocurrencies. Crypto investors witnessed significant price drops from all-time highs. Yet, many altcoins are displaying good performance. This article is all about the top 5 cryptocurrencies that displayed good performance in the last seven days. Let’s take a look at it in more detail.
5.Top 5 Cryptocurrencies: Uniswap (UNI) +9.14%
8/ This open market structure and community ownership can attract even more liquidity than a CEX, giving traders better prices.
Our research shows that the Uniswap Protocol has 2x deeper liquidity than all major CEXs 🤙
Read more on our blog:https://t.co/ZHPHgaebf7
— Uniswap Labs 🦄 (@Uniswap) September 23, 2022
Uniswap is a decentralized exchange (aka DEX) founded on the Ethereum blockchain that also serves as a coin. While its token holders handle it, its Blockchain is open source and available for everyone to read and edit. It works as a DEX and provides users access to its platform for peer-to-peer market making. It is less pricey to operate and employ for users because of the lack of this interference. In the last 7 days, the UNI price has increased by almost +9.14%, just enough for a spot on our top cryptocurrencies list.
4.Top 5 Cryptocurrencies: Helium (HNT) +11.67%
— Helium🎈 (@helium) September 20, 2022
Helium Network is a decentralized wireless network that allows devices to connect wirelessly to the Internet anywhere in the world. It is a secure and open-source network. Developers can create low-power, Internet-connected devices at a more affordable and rapid speed. In the last 7 days, the HNT price has increased by almost +11.67%, just enough for a spot on our top cryptocurrencies list.
3.Top 5 Cryptocurrencies: Reserve Rights Price (RSR) +19.97%
Getting ready to go to market. pic.twitter.com/TymnfFSBVT
— Reserve (@reserveprotocol) September 11, 2022
The Reserve Rights (RSR) token has different goals, but the primary one is to deliver a tool to keep the dollar value of the RSV stablecoin. The Reserve protocol was created to scale supply based on demand, thus preserving all the collateral on the blockchain. In addition, it was also designed to deliver security and serve as an option to the centralized currencies currently in use. Therefore, cryptocurrencies managed by smart contracts are employed to hold their value. In the last 7 days, the RSR price has increased by almost +19.97%, just enough for a spot on our top cryptocurrencies list.
2.Top 5 Cryptocurrencies: Quant (QNT) +22.74%
— Quant (@quant_network) September 30, 2022
The Quant was founded in June 2018 to secure blockchains and networks on an international hierarchy, without reducing the power and interoperability of the network. It is the foremost project to fix the interoperability problem via the creation of the first blockchain operating system. In the last 7 days, the QNT price has increased by almost +22.74%, just enough for a spot on our top cryptocurrencies list.
1. Top 5 Cryptocurrencies: Terra Classic (LUNC) +41.88%
The new cLUNA is now live on @terra_money Mainnet!
We are excited to complete the first milestone on the road to bringing back a bigger and better PRISM.
— PRISM (@prism_protocol) September 30, 2022
The LUNA Coin is the cryptocurrency of the Terra Network. Terra has designated itself the task of employing algorithms to uphold the stablecoins price stable. With this, Terra wants to create entirely decentralized, algorithmic stablecoins that are different from the support of a physical currency. In the last 7 days, the LUNC price has increased by almost +41.88%, just enough for a spot on our top cryptocurrencies list.
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