Altcoins close the week with gains of up to 223%, just after the price of Bitcoin fell more than 10% in the market.
The price of Bitcoin (BTC) could not break the resistance of US$ 40 thousand in the market and suffered a big correction on Friday (15), losing more than R$ 25 thousand in just a few hours. With this devaluation, the cryptomoeda accumulated more than 14% drop in the week.
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At the same time that Immediate Bitcoin fell more than 10% on the day, Voyager Token had a valuation of 24.87%, which made the cryptomoeda close the week with a valuation of over 150%.
Meanwhile, five altcoins had a brilliant performance in the market accumulating up to 223% valuation in the same period, check it out:
In the last seven days HedgeTrade (HEDG) was the cryptomeda that had the best performance in the market among the one hundred largest by capitalization volume. According to CoinMarketCap, HEDG’s price had an increase of 223.02%, in total.
Still in the morning of this Friday (15), HedgeTrade suffered a small devaluation of 1.35%. Thus, the price of cryptomoeda was at US$ 1.70, after accumulating more than 223% appreciation.
Voyager Token (VGX)
With the second best performance of the week, the price of Voyager Token (VGX) accumulated an impressive 150.13% valuation in the week. With this valuation altcoin was quoted at US$ 1.17 on the market.
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However, before accumulating more than 150% and being considered the second best performance in the market, VGX had to face a big appreciation while the whole market was ‚in the red‘ this Friday (15).
Besides HedgeTrade and Voyager Token, IOST is another altcoin that had a good weekly performance. According to data about altcoin, it managed to accumulate 113.42% increase in price.
Thus, IOST was being quoted at US$ 0.01939, at the time of writing this article. Like Voyager Token, IOST also had a recent market valuation, rising over 37% on the day.
Avalanche (AVAX), consecrated as the fourth best performance in the market, managed to accumulate an appreciation of 67.49% in the last seven days. In other words, it had a performance of a little more than half of what IOST achieved in the same period.
On the other hand, just like HEDG, AVAX was also in devaluation this Friday (15), with a fall of 1.94% on the day. With this performance, the price of altcoin was being quoted at US$ 9.11, even with the accumulated weekly rate of over 67%.
Finally, Zcash (ZEC) registered the fifth best performance of the week, while the price of Bitcoin accumulated over 14% devaluation. In the case of altcoin focused on privacy in transactions, it had a 55.07% accumulation in price.
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With this result, ZEC was being quoted at US$ 101.97 in the cryptomoeda market. Among the five best results of the week, Zcash is the cryptomoeda which had the biggest devaluation of the day, with 12.23% drop until then.