While bitcoin has been consolidating for a few days now, a number of other digital assets have seen solid seven-day gains. Both sandbox and decentraland metaverse tokens have climbed over 170% over the past week. Crypto assets like loopring, crypto.com coin, and arweave have spiked in value more than 66% and up to 169% this week as well.
Sandbox, Decentraland, Loopring See Triple Digit Gains This Week
The price of bitcoin (BTC) has consolidated above the $ 60,000 area for some time now and the market performance this week has been rather lackluster. While bitcoin (BTC) gained 0.5% during the last seven days, three top-ten cryptos saw double-digit gains this week.
The third largest market in terms of overall valuation is owned by Binance Coin (BNB), which rose 24.1% last week and is trading for $ 610 per BNB. Solana (SOL) swapping for $235 per unit is up 20.9% this week. Additionally, polkadot (DOT) has climbed 21.9% and is currently changing hands for $51.29 per unit.
While binance, solana and polkadot coins saw double-digit highs this week, sandbox, decentraland and loopring prices soared this week. Sandbox (SAND) spiked 175.3% and decentraland (MANA) jumped 172.9% in value. During the course of the week, loopring (LRC) lifted by 169.4%.
SAND is ranked number 78 out of 10,390 coins in the crypto economy as the crypto asset has gained 8,039% year-to-date. Similarly, decentraland (MANA) has done extremely well during the last 12 months spiking 3,931% year to date. 12-month statistics for loopring (LRC) show that the cryptocurrency has risen 1.025% in the past 12 months.
Numerous Double-Digit Crypto Gainers — Bitcoin Dominance Close to Sinking Below 40%
Following those three-digit crypto gains, crypto.com coin (78.6%), arweave (66.2%), kadena (64.4%), holo (41.3%), chiliz (40.8%), basic attention token (39.4%), amp (39%), NEM (33.9%), omg network (31%), enjin coin (28.4%), and wonderland (25.1%) saw double-digit gains this past week.
The aggregate market capitalization of the more than 10,000 coins in existence today is around $ 3 trillion, or roughly $ 2,835 billion as of Friday, November 5. While there’s $152.28 billion in global trade volume, $83 billion of that volume is paired with stablecoins. Tether (USDT) commands $71.9 billion of today’s $83 billion aggregate total trade volume.
Bitcoin’s (BTC) dominance is just above the 40% region at 40.6% on the $ 2,835 billion value recorded on Friday. Ethereum, on the other hand, has 18.7% and numerous alternative crypto caps have increased dominance percentages.
