I'm trying to just mind my own business by writing about how we bang in the Metaverse. Then I checked on my social media that there is a conflict between 2 countries Russia and Ukraine on the twitter trending topic. Is this serious conflict actually happening? Man this shit scares me for real. This could make the whole world collapse. We absolutely do not want that. It affects the economy and everything. So does the crypto market. This is bad news.
I'm still trying to think positively about all of this. I don't think it will turn out as bad as we see on the news. I believe and hope these two countries will talk things out and fix it. I also believe that deep down they actually don't want this to happen. I mean you and I still hope for a good future. Everyone does. Less conflict and a stable economy. Because in the end I still want to get my own lambo ;P. It is still on the wishlist and I'm working hard on it now. I still have faith that there is still a hope for a better world.
Image source: coingecko
Well, not all the crypto currencies are all crashing down. There are some that are stable and going up, even. These are the top 5 best performers of the last 7 days in the crypto Top 100
1. ANC (Anchor Protocol)
Anchor is one of the most popular defy applications in the whole crypto space. It has a TVL off more than 12 billion West dollars. In the last week's a New tokenomics model was introduced which should support the value of anchor token. It is now up more than 80% in 7 days. Anchor is a token on the Terra blockchain.
This is how CMC is describing it: 'Anchor Protocol (ANC) is a lending and borrowing protocol on the Terra blockchain and the 29th project on Binance Launchpool. It uses an over-collateralized architecture to allow users to lend, borrow and earn interest with their digital assets' source
2. TERRA LUNA
There have been quite many big news on the terror networks in the last weeks. The one with the most impact has probably been a Bitcoin Reserve 1billion US dollars were raised to increase the stability of the stable core of the teheran Native stablecoin UST. Luna has outperformed its Bitcoin by more than 30% in the last 7 days.
Image source: coingecko
Terra is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency Luna, to facilitate programmable payments and open financial infrastructure development. As of December 2020, the network has transacted an estimated $299 billion for over 2 million users.
3. JUNO
Cosmos blockchain which was able to emerge completely without venture capital. More than 5% gains during this bear Market is impressive.
Junø is an open source platform for interoperable smart contracts which automatically executes, controls or documents a procedure of relevant events and actions according to the terms of such contract or agreement to be valid & usable across multiple sovereign networks.
4. LEO
This token was introduced by B Phoenix when the big hack in 2016 came out investors are now speculating that's day we'll get some refunds. This might be the reason behind the pump which made it the fourth-best performer in the last 7 days.
Image source: coingecko
LEO Token (LEO) is the utility token intended for the use on the Bitfinex exchange and other trading platforms managed by its parent company iFinex. The token is hoped to strengthen the Bitfinex community and optimize the platform’s operations. source
5. CDAI
CDAI is a token which is made to increase the stability of the compound defi protocol. It could hold its value in the last 7 days and is therefore number five off the top performers within the crypto top 100.
It’s the token issued by Compound Finance when a user deposits Dai onto the lending platform. The ratio of CDAI to Dai is approximately 50 CDAI to every Dai on the platform, which does a good job at keeping the price of CDAI at a relatively steady $.02. source
Those are the top 5 best performers this week. Very impressive. Who do you think is gonna be on the top for next week? Shoot a comment down below.