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Home»ALTCOIN NEWS»ðŸ”¥Weekly Report: HUSKY +6,996% (30d)
ALTCOIN NEWS

🔥Weekly Report: HUSKY +6,996% (30d)

By Crypto FlexsDecember 9, 20235 Mins Read
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🔥Weekly Report: HUSKY +6,996% (30d)
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It was another great week for cryptocurrencies. Bitcoin rises 14% Over the past seven days, the Fear and Greed Index has been at Greed (73) and the market as a whole has been in the green.

Solana Blockchain

In particular, the Solana blockchain performed very well. 78% in the past month This has had a positive impact on the Solana blockchain project.

🔥Weekly Report: HUSKY +6,996% (30d)
Solana prices – last 30 days

for example. This week’s top 100 risers: BONK +219% (7D)A dog-themed meme coin launched in December 2022 with the goal of supporting Solana-based decentralized exchanges and boosting SOL token adoption.

Within Micro-Caps, we have seen some of the biggest gains in the overall market for the Solana blockchain project, including:

  • GOFX +1,963% – Solana’s DeFi Exchange (Micro-Cap)
  • hawk +2,582% – Solana (Nanocap) liquidity provider
🔥Weekly Report: HUSKY +6,996% (30d)
Solana Pricing History

Over the past year, Solana prices have fallen to record lows. $8.14 Compared to the all-time high $258 Last year (maybe due to a decline in interest in NFTs)

The current price of Solana is $74 And with its expected market launch in 2024, the price of Solana is expected to rise, which is expected to lead to many projects leveraging the Solana blockchain.

🔥Weekly Report: HUSKY +6,996% (30d)

Knock-On Effect:

As the price of Solana rises (and this is to be expected for any layer 1 blockchain), the success of its native token will have a knock-on effect, helping to increase the price of projects within that blockchain.

It’s as if the price of Bitcoin directly affects the entire cryptocurrency market. The price of a layer 1 blockchain also affects the price of all projects within that blockchain.

As the saying goes, a rising tide lifts all boats, but in this case, a rising layer 1 blockchain lifts all projects on that blockchain.

In this example, the biggest opportunity is to invest in projects directly related to supporting the growth of blockchains, such as liquidity providers and DeFi exchanges. Additionally, if BONK continues to gain more momentum, it will likely attract more users and transaction volume to the Solana blockchain.

🔥Weekly Report: HUSKY +6,996% (30d)

Join us – as we build up.

Although prices are still relatively low, now is a great time to enter the market. If you want to know what we’re buying, join us as we share our monthly Altcoin recommendations in anticipation of the upcoming bull market. All you have to do is become a member.

Richard.


Top 100 popular altcoins:

🔥Weekly Report: HUSKY +6,996% (30d)
CryptoBubbles.net – Last 7 days

Cryptocurrency markets are full of green this week too.


Today’s Crypto Fear and Greed Index:

🔥Weekly Report: HUSKY +6,996% (30d)
Cryptocurrency Fear and Greed Index

today’s Cryptocurrency Fear and Greed Index = avarice –> Remained the same at 73 (73 last week).


Bitcoin and Ethereum price changes

🔥Weekly Report: HUSKY +6,996% (30d)

Bitcoin increase 14.27% Here are the prices it is currently trading at last week: $44,189. Over the past 90 days, Bitcoin has increased by: 70.8%.

Ethereum increase 13.1% Here are the prices it is currently trading at last week: $2,362. Over the past 90 days, Ethereum has increased by: 44.5%.

Global cryptocurrency market capitalization It increased to $1.64 trillion (from $1.45 trillion last week).

🔥Weekly Report: HUSKY +6,996% (30d)

Top 100 Gainers – Last 7 Days

The biggest gainers over the past 7 days (in the top 100) are:

🔥Weekly Report: HUSKY +6,996% (30d)

BONK +219% – 75th

Bonk (BONK) is a dog-themed meme coin on the Solana blockchain launched in December 2022. We aim to support Solana-based decentralized exchanges and strengthen SOL token adoption. 50% of the total BONK supply was airdropped to the Solana community. It uses Solana’s efficient consensus mechanism and plans for extensive dApp integration. As of early 2023, BONK has significant circulation, has grown significantly in its user base and market capitalization, and its development team has remained anonymous.

ORDI (ORDI) +128% – 58th place

ORDI is a token associated with the Bitcoin Ordinal Protocol. This protocol allows you to input content such as text, images, audio, and video directly into individual satoshis (the smallest unit of Bitcoin). The Ordinals protocol does not require separate tokens, sidechains, or changes to Bitcoin itself. It works by recording information for each satoshi.

The token has seen significant price appreciation, especially after being listed on the Binance exchange, indicating strong market interest. However, as a relatively new token, ORDI carries higher risk and volatility than usual.

BitTorrent (BTT) +119% – 65th place

BitTorrent (BTT) is a cryptocurrency that functions as a TRC-20 utility token on the TRON blockchain. It is designed to integrate with the BitTorrent protocol, a popular P2P file sharing platform. BTT aims to support a community-driven file sharing system by incentivizing users within the BitTorrent ecosystem by rewarding them for sharing bandwidth and storage space. Users can earn BTT tokens by seeding files and can use these tokens to get faster download speeds.

Helium (HNT) +61% – 83rd

Helium (HNT) is a cryptocurrency that serves as the native token of the Helium Network, which focuses on building a decentralized wireless infrastructure. The Helium Network operates in a unique way. Burn-and-Mint equilibrium model, utilizes multiple tokens. The main function of HNT is to burn to generate data credits that are used to transmit device data over the network. These data credits have a fixed USD value and are the only payments accepted for data transfer on the Helium network.


🔥Weekly Report: HUSKY +6,996% (30d)

Biggest microcap gain in the last 30 days

We review and analyze small and micro market cap cryptocurrencies every week to find the next low-cap gem. The best performing (quality) microcap projects over the last 30 days are:

🔥Weekly Report: HUSKY +6,996% (30d)

Top performing quality microcaps (last 30 days):

  • husky +6,996% – Avalanche (Nano-Cap) dog NFT
  • hawk +2,582% – Solana (Nanocap) liquidity provider
  • R.S.C. +2,238% – DeSci – Research Paper (Micro-Cap)
  • GOFX +1,963% – Solana’s DeFi Exchange (Micro-Cap)
  • game +932% – Web3 Gaming Ecosystem (Nano-Cap)
🔥Weekly Report: HUSKY +6,996% (30d)

Monthly altcoin selection:

Last week we announced our December Altcoin Picks. If you would like access to this and future monthly Altcoin recommendations, please consider becoming a member. It’s just the price of two cups of coffee a month.

Altcoin recommendations are emailed to members as soon as they are posted. Wondering how we choose our monthly Altcoin recommendations? This is the method we use.

Altcoin recommendations from previous months can be found here.

We express our gratitude and respect to all members!

Until next report,

Richard.

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