Categories: Uncategorized

Steemit coins, 51% hacked tokens and forgotten crypto assets “storm” with double-digit profits for the week

The market capitalization of all 10,731 existing cryptocurrencies was around $ 1.38 trillion on Wednesday, and in the past 24 hours, all of those crypto assets combined have lost 3.92%. Meanwhile, Bitcoin accounts for 45.4% of the total capitalization and Ethereum accounts for 18.1%. With both top assets rebounding this week, the seven-day changes suggest that a large number of other crypto assets have seen double-digit gains.

Steemit Coins, 51% Hacked Tokens and Forgotten Crypto Assets

One interesting crypto asset has seen double-digit gains as larger competitors like Bitcoin and Ethereum underperformed. Example: BTC has gained 2.74% against the American dollar in the past seven days.

ETH is up nearly 10%, but it doesn’t fully outperform last week’s 8.89% gain. Despite a slight weekly improvement, some unique crypto assets have risen much higher.

5-day chart of STEEM / USD (left) and REP / USD (right) June 30, 2021.

Steem (STEEM) is up 54% this week, and its sibling Steem Dollar (SBD) is up more than 31% in the past seven days. Two cryptocurrencies are used on the Steemit blogging platform for favors and tips.

After a 54% increase in steem, Augur (REP) is up 51%. The REP token is used in the Augur system to give users the ability to create a predictive market on any topic. Another big jump this week is Monero Classic (XMC), a branch of Monero (XMR) that is up 45%.

XMC / USD 5-day chart (left) and FTC / USD (right) June 30, 2021.

Crypto assets saw 51% attacks and also saw double-digit gains this week.

For example, the digital currency Vertcoin (VTC) has risen 40% in the past seven days; Bitcoin Gold (BTG) is up 38% and Ethereum Classic (ETC) is up 31%.

What’s more interesting is that Feathercoin (FTC), a forgotten digital currency launched on April 16, 2013, is up 29% for the week. FTC is an ancient coin that used to be in the top 10 contenders for crypto market cap but is now ranked 946.

Another pretty old coin is Vinny Lingham’s Civic (CVC), which is up 26% on the week.

Newer meme-based ERC20 tokens like Dogecoin (DOGE), Shiba Inu (SHIB) rose 22% over the week.

While the seven-day profits are higher for these cryptocurrencies, the 24-hour stats are different. For example, ETC is down -11.13% today, VTC -2.7% and FTC -0.98%.

Annie

According to News Bitcoin

Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page

CoinX

Recent Posts

BlockDAG Surges Past $170M as BDAG250 Bonus End Countdown Begins – Aave Targets $400 & Solana Shines with Scalability

BlockDAG crosses $170.5M in presale success with BDAG250 bonus and Whitepaper V3 launch! Solana grows…

52 minutes ago

Qubetics Presale Price Surge Approaches: The Best Coins to Invest in Right Now While Toncoin, and XRP Gain Traction

Discover why Qubetics, Toncoin, and XRP are the best coins to invest in right now.…

1 hour ago

Book of Meme Old News? This Best Meme Coin to Invest in 2024 Is Multiplying Gains Like a Champ

Over the years, meme coins have evolved from inside jokes into serious investment opportunities.

2 hours ago

Time’s Ticking on BlockDAG’s 5-Tier Bonus- Few Days Left to Grab It While Cardano Whales Take Action, Aave Rallies Strong

Discover BlockDAG's five-tier bonus program's closing phases that enhance buyer holdings. Gain insights on the…

3 hours ago

Best Altcoins to Buy for 2025: Qubetics Presale Surge, Solana’s Lightning Speed, and Cardano’s Blockchain Revolution

Discover why Qubetics, Solana, and Cardano are redefining the crypto landscape. Learn about milestones, price…

4 hours ago

Why Qubetics, NEAR Protocol, and IMX Are Dominating Crypto: The Best Altcoins to Join Today for Game-Changing Returns 

Discover why Qubetics, NEAR Protocol, and Immutable X are the best altcoins to join today,…

6 hours ago

This website uses cookies.