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In this article, we will be looking at the top five gainers and losers of the week, providing a brief description of each cryptocurrency and its performance. All data is accurate as of May 19, 2023, on Coingecko.
The Big News:
- Axie Infinity Now on Apple App Store; Sky Mavis Launches New NFT Marketplace
- Binance Introduces Binance Sensei, a Web3-Focused AI Chatbot
- Binance to Add Bitcoin Ordinals on NFT Marketplace
Top 5 Crypto Gainers of the Week
Rollbit Coin (RLB)
What is it: The native token that acts as entry tickets that give holders the chance to win a share of the Rollbit lottery’s profits. There was no ICO for RLB. Instead, Rollbit have airdropped RLB for free to existing users of it’s casino and trading platform, Rollbit.com
Current price: $0.03736394
Price change in the past 7 days: +111.7%
Market cap: $123,132,204
Trading volume: $1,075,503
Latest News: Solana-based Rollbit Coin faces scrutiny over crypto influencer promotion tactics
ORDI (ORDI)
What is it: A cryptocurrency that runs on the Bitcoin protocol and presents information such as text and images as NFTs and tokens. It is the first cryptocurrency developed in the BRC-20 format on the Bitcoin network.
Current price: $12.335
Price change in the past 7 days: +55.0%
Market cap: $256,877,243
Trading volume: $31,352,690
Latest News: Bitcoin BRC-20 Tokens Near $1 Billion Market Cap as Exchanges List ORDI
Wilder World (WILD)
What is it: The native token of Wilder World, a photo-realistic new Metaverse and NFT marketplace guided by its own artist guild. The project has also been busy rolling out its own custom designed NFT collections, made in collaboration with some of the biggest artists in both the real and digital space.
Current price: $0.3510610
Price change in the past 7 days: +46.1%
Market cap: $87,789,766
Trading volume: $1,211,023
Latest News: Wilder World Metaverse partners with Ledger to build a Ledger Loft in Wiami
Render (RNDR)
What is it: Render Network is the provider of decentralized GPU based rendering solutions, revolutionizing the digital creation process.
Current price: $2.44
Price change in the past 7 days: +42.6%
Market cap: $885,492,191
Trading volume: $190,367,956
Latest News: Render Price Prediction as RNDR Blasts Up 20% – Will the Launch of Apple’s VR Headset Boost Metaverse Tokens?
WEMIX (WEMIX)
What is it: The native token of the Wemix blockchain, a platform that offers blockchain-based games.
Current price: $0.884227
Price change in the past 7 days: +38.0%
Market cap: $222,397,773
Trading volume: $2,227,417
Latest News: Three global companies agree to support the WEMIX PLAY ecosystem
Top 5 Crypto Losers of the Week
Evmos (EVMOS)
What is it: The utility token of Evmos,a proof-of-stake blockchain that is scalable, has a high throughput, and is fully compatible and interoperable with Ethereum. It was built with the Cosmos SDK, which runs on top of the Tendermint Core consensus engine.
Current price: $0.171181
Price change in the past 7 days: -16.0%
Market cap: $86,406,324
Trading volume: $776,530
Latest News: Evox Therapeutics Granted Key US Exosome Purification Patent to Further Expand Its Leading Patent Portfolio
Kaspa (KAS)
What is it: The native token of Kaspa, a proof-of-work cryptocurrency that implements the GHOSTDAG protocol. It is a community project that is completely open source with no central governance and follows the ethos of coins like Bitcoin, Litecoin, or Monero.
Current price: $0.01631831
Price change in the past 7 Days: -14.4%
Market cap: $295,857,209
Trading volume: $7,235,619
Latest News: Mining Kaspa in 2023: An Overview
CANTO (CANTO)
What is it: The native utility token Canto, a permissionless, layer-1 blockchain that runs the Ethereum Virtual Machine. It is part of the Cosmos network of blockchains, apps, and services, and it offers a native stablecoin called NOTE.
Current price: $0.184388
Price change in the past 7 Days: -12.8%
Market cap: $90,349,942
Trading volume: $6,241,484
Latest News: Canto Blockchain Set for Vote on Reduction in Liquidity Incentives, Block Rewards
Axelar (AXL)
What is it: The utility token of Axelar, a Turing-complete interchain network—a programmable interoperability layer. Axelar Virtual Machine supports logic to automate complex interchain tasks, such as connecting new chains or managing interchain dApp deployments.
Current price: $0.478234
Price change in the past 7 Days: -11.9%
Market cap: $125,910,032
Trading volume: $2,976,860
Latest News: Axelar Introduces Virtual Machine for Developers Building Cross-Chain Crypto Apps
UMA (UMA)
What is it: The token that provides economic guarantees to the Optimistic Oracle. The community of tokenholders provides the human component, as voters, for the OO’s final resolution on disputes or queries. Those who vote with the majority earn rewards.
Current price: $2.18
Price change in the past 7 Days: -8.0%
Market cap: $154,810,536
Trading volume: $15,290,122
Latest News: UMA (UMA) Confirms that Two More Daos Will Announce Their Adoption of Osnap This Week
This article is published on BitPinas: RLB, ORDI | Crypto Gainers and Losers | May 20, 2023
Disclaimer: BitPinas articles and its external content are not financial advice. The team serves to deliver independent, unbiased news to provide information for Philippine-crypto and beyond.
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- Source: https://bitpinas.com/cryptocurrency/crypto-gainers-losers-5-20-2023/
