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Home Market

Here are the top altcoins to invest in based on cumulative returns

March 6, 2022
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Is Casper Network (CSPR) a hidden gem?

Climate Company Flowcarbon Has Gained $70M In A Fundraising Led By a16z

In the crypto space, players typically focus on market cap and daily price movements. But for a fresh perspective, let’s instead look at the cumulative returns of some of the best altcoins this week.

Altcoins fight

Summary by Messari for the week ended March 3 revealed that LUNA was the week’s champion altcoin, up 40%.

“The Cosmos IBC chain has been in an uptrend for the past two weeks as the Cosmos ecosystem has received positive mass sentiment in recent weeks.”

In second place is DOT with a 13% yield compared to LUNA.

Naturally, investors are eagerly watching LUNA, the seventh largest coin by market cap at press time. They may also be wondering how it compares to DOT overall.

At the time of writing, DOT is trading at $17.04, down 5.4% over the past week. Meanwhile, LUNA was changing hands at $86.28, up 11.2% over the past week.

altcoin 1st

LUNA price (green) and DOT price (pink) | Source: mood

However, the weighted psychometric observations DOT and LUNA are not too different. While the weighted sentiment for the DOT is around -0.133, the LUNA is at 0.188. All in all, it looks like both DOT and LUNA investors are approaching the neutral zone.

altcoin 1st

Weighted tuning of DOT (blue) and LUNA (pink) | Source: mood

In terms of growth, DOT leads but is trending down while LUNA is trending up. However, there is still a large performance difference between the two networks, making it unlikely that LUNA DOT will outperform in this regard any time soon.

altcoin 3

Development activities of LUNA (pink) and DOT (blue) | Source: mood

The demand is constantly increasing

While Polkadot gained market attention thanks to its parachain slot auctions, Terra also set its own milestone after surpassing Ethereum 2.0 in stake value.

The driving factor for this growth is the growing market demand for TerraUSD (UST).

1646553664 52 Here are the top altcoins to invest in based on

Top 10 cryptocurrencies by stake value | Source: www.stakingrewards.com

After Polkadot founder Gavin Wood donated approximately $5.7 million in DOT to Ukraine’s official cryptocurrency address, how many different addresses will Ukrainian authorities need to create to get funds? As a result, Uniswap offered the opportunity to exchange its listed assets for ETH before donating.

Join Bitcoin Magazine Telegram to follow news and comment on this article: https://t.me/coincunews

Minh Anh

According to AMBCrypto

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LUNA is up 18% in 3 days despite news from Ukraine, could the price hit $200 next?

TOP 5 notable coins of the week: BTC, DOT, LUNA, AVAX, EGLD

DOT must exceed these milestones by $ 80. to reach

Tags: AltcoinsbasedcumulativeinvestreturnsTOP
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Contents

  • Altcoins fight
  • The demand is constantly increasing
  • LUNA 2.0 is scheduled to launch on May 27, 2022.

    LUNA 2.0 is scheduled to launch on May 27, 2022.

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    Share 44 Tweet 28
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  • Will TRON’s USDD and 30% interest rate collapse like UST?

    109 shares
    Share 44 Tweet 27
  • Near Weekly Recap| May 16th – 22nd, 2022

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  • Solana Weekly Recap | May 16 – May 22, 2022

    104 shares
    Share 42 Tweet 26
Over $110M In Cryptocurrency Has Been Liquidated As BTC And ETH Suffer Further Losses.

Over $110M In Cryptocurrency Has Been Liquidated As BTC And ETH Suffer Further Losses.

May 26, 2022
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Avalanche Will Be The New Home For ApeCoin?

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What LUNA Holders Need To Know About Terra 2.0?

What LUNA Holders Need To Know About Terra 2.0?

May 26, 2022
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Crypto Market Highlights May 26, 2022

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What to expect in Ethereum after The Merge?

After The Merge, what to expect in Ethereum 2.0?

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  • tetherTether(USDT)$1.000.09%
  • cardanoCardano(ADA)$0.485437-4.77%
  • SolanaSolana(SOL)$43.65-8.92%
  • dogecoinDogecoin(DOGE)$0.078169-5.35%
  • tronTRON(TRX)$0.0814391.32%
  • FTX TokenFTX Token(FTT)$27.47-6.02%
  • cosmosCosmos Hub(ATOM)$9.48-11.27%
  • Axie InfinityAxie Infinity(AXS)$19.61-4.25%
  • Terra Luna ClassicTerra Luna Classic(LUNC)$0.000149-11.77%
  • FantomFantom(FTM)$0.364023-9.75%
  • LINKLINK(LN)$50.88-0.94%
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© 2021 COINCU Financial Group Inc. Address: Road Town, Tortola, British Virgin Islands. Email us: [email protected]

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  • bitcoinBitcoin(BTC)$29,029.00-1.40%
  • ethereumEthereum(ETH)$1,818.54-6.55%
  • tetherTether(USDT)$1.000.09%
  • cardanoCardano(ADA)$0.485437-4.77%
  • SolanaSolana(SOL)$43.65-8.92%
  • dogecoinDogecoin(DOGE)$0.078169-5.35%
  • tronTRON(TRX)$0.0814391.32%
  • FTX TokenFTX Token(FTT)$27.47-6.02%
  • cosmosCosmos Hub(ATOM)$9.48-11.27%
  • Axie InfinityAxie Infinity(AXS)$19.61-4.25%
  • Terra Luna ClassicTerra Luna Classic(LUNC)$0.000149-11.77%
  • FantomFantom(FTM)$0.364023-9.75%
  • LINKLINK(LN)$50.88-0.94%