Unlike the previous week, in the last 7 days there was more green in the cryptocurrency market. This week’s cryptocurrency top is led by Decred (DCR), one of the oldest altcoins on the market. Its increase in market value was over 22% during the last 7 days.
Then, there is Monero (XMR), the only coin that repeats with respect to the previous week, which this time rose more than 16%, Compound (COMP) with more than 9%, and Shiba Inu, meme cryptocurrency that shows signs of an expected revitalization after weeks in the red.
– Monero (XMR): After being the only cryptocurrency in the green during the previous week, Monero is back on top this week. This time, thanks to a 16.44% increase in 7 days that brings it close to US$260 per unit.
With this most recent price boost, the privacy-focused cryptocurrency is right now at its peak so far this year. It is thus one of the few in the market with gains this 2022 at present. Despite this, its market value is still more than 40% below its all-time high last June. Monero is the 32nd largest cryptocurrency on the market right now.
– Shiba Inu (SHIB): after its inclusion in Robinhood the meme cryptocurrency, a competitor to Dogecoin (DOGE), rose almost 7% in the last 7-day period.
SHIB is in the red this year, down nearly 28% from its opening price. However, over the long term the coin’s rise has been quite remarkable.
Currently, SHIB remains ranked 15th in the market, with around US$13.5 billion in total capitalization and over US$650 million in trading volume in a 24-hour range.
– Decred (DCR): during the last 7 days, it reached green for the course of this year 2022 for the first time since January. At the beginning of this year, the cryptocurrency was trading on exchanges just above US$70 per unit.
At times, DCR managed to surpass that figure and in fact at some point in the early hours of this Monday, April 18, it managed to pass US$80. However, after passing that mark, there was a correction that sent the currency back towards 67 dollars. According to CoinMarketCap, at the time of writing this article the price of Decred is US$63,53 with a 24-hour trading volume of US$27.384.779 and a live market cap of US$886.211.247.
