Analytic platform picks up top three tokens based on marketcap and CoinGecko activity
CoinGecko analyzes weekly tokens performances based on the market cap and other market activity. Let’s find out which are those best performing tokens.
1: Arbitrum
Arbitrum fetches the top spot this week. The token currently holds the 39th rank in terms of market cap.The token is on the fire following the Arbitrum Foundation’s recent decision to sell ARB tokens for stablecoins before the ratification of nearly $1 billion budget. A popular scaling solution for Ethereum witnessed a major setback when two whales sold 3.73 million ARB tokens in the week.
2: DogeCoin
The second token on the list is DogeCoin (DOGE), currently ranked 8th based on the market cap. As of press time, Dogecoin is trading at $0.08282 with a 24-hour trading volume of $1,306,068,311. However, the Dogecoin price fell after Twitter stopped using the cryptocurrency’s mascot as its logo.It was recently down 7.3% earlier in the aftermath of the change.
3. XEN
Lastly, XEN, a new crypto designed to fulfill the purpose of the blockchain to be a decentralized, transparent, counterparty-free, peer-to-peer currency, bags the final spot.The price of XEN Crypto (XEN) today is $0.00000321 with a 24-hour trading volume of $13,370,701. This represents a -7.81% price decrease in the last 24 hours and a 156.06% price increase in the last 7 days.
