These 5 cryptocurrencies survived the market crash

Pese a la caída de bitcoin (BTC) y las principales criptomonedas, un par de tokens de exchanges y otras 3 altcoins presentan buenos rendimientos.

Key facts:

  • It is striking that 2 of the 5 coins they have are exchange tokens.

  • Upload rates range from 4.8% to over 10% in the last 7 days.

Amidst a bearish movement in the cryptocurrency market in the last seven days, there are some surviving altcoins. Even with the rate of increase in its market value exceeding 10% in this period.

Although they are not the ones that have increased the most in price, it is striking that in this list of 5 there are cryptocurrencies. Let’s find two that belong to exchange. Mainly, after the FTX debacle, assets related to the use of its own token, FTT, as collateral for its debts.

These exchanges are OKX, and its token OKB is up 9.83% in the last seven days; and Bitfinex, whose LEO coin increased 7.76% in its price, according to data from CoinMarletCap.

The graph shows the price performance of the UNUS SED LEO token of the Bitfinex exchange during November 2022, showing an increase of 7.76% in the last week.LEO rises in the last 7 days. Source: CoinMarketCap.

As the graph from the same source, dedicated to monitoring the cryptocurrency market, reflects, both tokens reacted downward after the collapse of FTX. nonetheless, they have managed to unwind since then.

This movement coincides with a small increase in deposits in exchange, although these flows have dropped again according to updated data from Glassnode. After the FTX scandal, users called for the protection of their own cryptocurrencies, as we reported in CriptoNoticias.

The graph shows the price performance of the OBK token in November 2022, rising 9.83% in the last seven days.OKB, the token OKX, during the last month. Source: CoinMarketCap.

Complete list of altcoins in recent days we found NEM, only one with more than 10% increase in this period; Toncoin (crypto-currency created by Telegram), with 9.8%; and ApeCoin, from the metaverse of the Bored Ape Yacht Club, with a 4.87% increase in its price.

Meanwhile, most of the market sports red color on the boards. Bitcoin fell more than 4% and flirted with losing 16,000 dollar support in the last hours. ETH Ethereum has depreciated more than 11% in 7 days. DOGE, Polygon’s MATIC and Polkadot all saw double-digit one-week declines.

These exchanges are OKX, and its token OKB is up 9.83% in the last seven days; and Bitfinex, whose LEO coin increased 7.76% in its price, according to data from CoinMarletCap.

Source: https://www.newsy-today.com/these-5-cryptocurrencies-survived-the-market-crash/

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