The last seven days weren’t the best for the crypto market. Most tokens followed bitcoin, which experienced ups and downs as it attempted to break out of its bearish zone. Its value has fallen back under $17,000, and other tokens are in a similar condition. However, a few tokens recorded some strong movements.
This week we examine Toncoin (TON), OKC (OKT), UNUS SED LEO (LEO), XDC Network (XDC), and DigiByte (DGB). In selecting these digital assets, we have considered several factors, including positive technical developments, significant news events, and noticeable changes in price.
- Toncoin (TON)
Toncoin is the famous token of The Open Network, a project inherited from Telegram. While it is no longer run by Telegram, the project continues to make progress through community development. The Toncoin token posted a massive 40% jump in price over the week after it announced a no-SIM signup feature.
- OKC Token (OKT)
The OKC Token of the OKC exchange turned in a 21% price jump after OKCoin Japan confirmed it would list meme coin Shiba Inu. OKCoin Japan is one of the country’s biggest crypto exchanges.
- UNUS SED LEO (LEO)
Bitfinex’s UNUS SED LEO (LEO) token experienced a 10% gain in market cap in the week. The jump in value is likely because Bitfinex enabled deposits and withdrawals for Chinese yuan on the TRON network
- XDC Network (XDC)
The XDC Network (XDC) token's market cap rose 20% after a major integration. The team announced that STASIS would integrate its euro-backed stablecoin on the XDC network.
- DigiByte (DGB)
The price of the DigiByte token (DGB) increased by 10% over the past seven days after a partnership with the LCX exchange was announced.
Source: Investopedia
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