The Value Gainers Of The Bear Market | 10% To @tron-fan-club
Hello and good evening to everyone at the Tron fan club. Today we are going to have a look at the top tokens which have gained in value over the last week or so. Now, considering the fact that most tokens of the market have been bleeding recently, especially in the past weeks, and most of them have lost a significant amount of value from where they were half a week ago, not many coins have rised significantly. Normally, a little bit of move from BTC has great impact on the altcoins. BTC has fallen and then risen again in the past week. Many have followed the drop but not the increase of price. But there were some altcoins that outperformed the market.
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|=====>SUI<=====|
This coin is comparatively very new in the market. The price was around 60 cents one week ago. It has experienced a 24% pump from that level and tried to break 80 cents in the way. But it seems the resistance was good enough to push it back. It is currently trading at 75 cents per coin. SUI is the native coin of Sui Blockchain, a blockchain based on 'Move' programming language. The tech is new and there is hype about it. The 'SUI' are looking forward for a new all-time-high, which is almost the double of current price.
|=====>KCS<=====|
I don't like centralized coin much and sadly it is one of them. KCS is the token of Kucoin exchange. But it is true that Kucoin is like a 'people's exchange'. It is so user-friendly that this is my second favorite exchange. Whatever, KCS was trading around 5.9$ when it started it journey to the moon. But sadly it got stucked in the ionosphere at 7.5$. Actually it tried to break out 7.5$ range two times and got rejected. So a nasty double top is evident. The chances are high that it consolidate from some time after this 22% pump over the last week. If it makes a tripple top, RIP!
|=====>APT<=====|
This had a very interesting price movement since it launched in the Q4 of last year. From 10$ to 3.5$ and then 3.5$ to 20$, pretty interesting, right? And it doesn't even stop there, the price was 5.9$ a week ago, 14.1$ less than the ATH. But it seems like 'Move' season is coming as APT also rose ~17% alongside SUI. Both of the coins are based on Move technology. The price is currently around 7 dollars per coin and showing a very strong movement. The fun-fact is the FDV (Fully Diluted Marketcap) of SUI and APT seems very correlated with each other.
Market dumped badly two weeks before and now currently retracing back. These three coin took all the attention to themselves by showing extraordinary performance in the last week. The upcoming week will be more interesting and I hope you will come by to visit the "Value Gainers" analysis again next week. Till then, Goodbye!
Thank You.
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Thanks for the compliment!
This is an interesting post on the cryptocurrency that has gained value during this bear market.
Thank you for this discuss 😊👍