03/14-3/21 market quick look

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The market hasn’t been fantastic as a whole over the last couple days, but now that we’re at the end of the weekend I want to take a look at some of the big winners of this last week. The data here is taken from a combo of CoinMarketCap and CoinGecko.

Harmony (ONE) - Harmony was one that I mentioned only a couple days ago in my daily gains post, but its also making strides in weekly gains as it is up 90.71%. Currently up 51.8% in the last 24 hours it has now hit a new ATH of .19 before settling around .17 as of writing. It has jumped up twenty spots to #64 in market cap with a whopping $1.6b (Was #84 as of my writing about it on March 18)

About two weeks ago the first stage of decentralized governance to the chain was announced and more recently DSLA protocol announced they’d be bringing their token to the Harmony blockchain. This is some of the more recent news that could be pushing the price tag up a little further. 

BitTorrent (BTT) - BitTorrent has seen some excellent growth in the last seven days sitting at a gain of 101.81%. I also wrote about this one a couple days ago when it first started showing some serious gains on Friday. This project has pushed itself up ten spots to #48 in market cap at $2.3b although its price has not even hit one cent yet. Having said that, it has not reached the ATH set on Friday since spiking but it is only 9% below that at the time of writing with a price of .0035.

Basic Attention Token (BAT) - BAT’s value has increased significantly over the last week (48.80%). Still below the new ATH of $1.36 set on the 18th, the project is still holding strong at a solid $1.16 right now showing 6.5% gains over the last 24 hours. Admittedly, the token has dropped a couple slots down to #61 in market cap after previously sitting comfortably at #59.

I’ve written about the project a couple times and I, honestly, only see the value of it growing more as more advertisers come on board and the user base of BRAVE grows further. There are some great changes in store for the project and I highlight a couple of them in my previous post about the token here.

Other projects with some good upward movement for the week include VeThor Token (VTHO) up 131.87%, Pundi X (NPXS) up 89.18%, and Siacoin (SC) up 72.23%.

 

The losses in the altcoin market has not been quite as substantial as the gains have been but here are a couple of the biggest losers in the last seven days.

Flow (FLOW) - Flow started at $37.15 a week ago and has since dropped 19% down to $29.27. The project has seen some steady downward movement in the last day dropping 5.9% in the last 24 hours.

Created by Dapper Labs, also notably the team behind CryptoKities and NBA Top Shot, Flow aims to create a blockchain network ideal for games and social networks. CryptoKitties was victim to the Ethereum network’s growing pains and they have since looked to great a scalable alternative to the network.

Chiliz (CHZ) - It’s almost not fair to say that this project was a loss over the last seven days as the year so far has been phenomenal for it. Although it is down -16% in seven days, the monthly gains still sit at about 931%. Currently priced around .55, it sits at #38 in market cap and I suspect the last week is not an indicator of future trends.

Although the value has seen some substantial fluctuations, the sports based platform still has a lot of room for growth as sports fans and major clubs alike come aboard the project. The Socios.com platform, which is powered by CHZ, allows fans to buy tokenized voting rights for their teams of choice from traditional sports to esports.

Other projects seeing some downward movement over the last week include Hedera Hashgraph (HBAR) down 21%, SushiSwap (SUSHI) down 13.95%, and NEAR Protocol down 13.95%

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