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Waves grows around 60% and is in the weekly top for the third consecutive week.
XRP advances 55% after implementing new feature for smart contracts.
Over the course of the week of November 14-21, altcoins rise almost at the same rate as bitcoin (BTC). About 95% of the cryptocurrencies on the market see growth in their prices and achieve increases of around 60%, according to statistics from Coin Check Up.
The most appreciated cryptocurrencies in these seven days are headed by Waves (WAVES), with the public launch of its blockchain voting system; Ripple's XRP, which is advancing the integration of smart contracts; and Litecoin (LTC), for the record of an increase in funds at Grayscale.
The Weekly Top of Featured Cryptocurrencies Completes with Ethereum Classic (ETC) Preparing for an Next Network Update; and Decred (DCR), whose platform is being used by candidates for elections in Brazil.
As for the price of bitcoin, the cryptocurrency follows the rally started a few weeks ago that has led it to overcome milestones. In these seven days BTC has been above the $ 16,000 that it reached a week ago, reaching more than $ 18,000 on November 18. BTC's weekly advance is estimated at 17.9%.
According to data shown by Willy Woo, the flow of capital entering the bitcoin market is at its highest rate. It is an organic movement that is correlated with the price of the cryptocurrency. The analyst considers that this fact may be a sign that the current bull run is sustainable over time.
The price of Ether (ETH), of Ethereum, also advanced substantially this week, oscillating between $ 441 and $ 512, for an average weekly rise of 12.4%. The cryptocurrency breaks the 500 resistance against the US dollar for the first time in more than 2 years. The network's hash rate is also on the rise and has reached a new all-time high. Everything suggests that the community is possibly betting on the rise in the price of ETH after the launch of Phase 0 of Ethereum 2.0.
The prices of other relevant cryptocurrencies on the market also register substantial growth, which places them in the weekly top. Ripple's XRP gains 53%; Ethereum Classic (ETC) appreciates 30%; and Litecoin (LTC) is up 35%.
