[비즈한국] Bizhankook summarizes the market conditions and trends of the cryptocurrency market each week. We provide comprehensive core information, including key assets like Bitcoin and Ethereum, major issues in the altcoin market, and global policy variables. You can understand the highly volatile cryptocurrency market as easily and enjoyably as watching Netflix.
According to CoinMarketCap, a global cryptocurrency market tracking site, Conflux (CFX) recorded a weekly gain of 76.26% from 07:00 on July 18 to 07:00 on July 25, marking the highest increase. Its current price is 245 KRW, with a market capitalization of 1.2556 trillion KRW. Conflux is a Chinese blockchain project characterized by its fast transaction speed and high scalability. These technical advantages appear to be capturing investor interest.
Tezos (XTZ) saw the second-highest gain, recording a weekly increase of 35.31%. Its current price is 1,222 KRW, and its market capitalization is 1.2856 trillion KRW. Tezos is a platform that supports smart contracts and decentralized applications, allowing for network upgrades through its own governance system. This feature continues to appeal to investors.
Ethena (ENA) rose 27.10%, recording the third-highest weekly gain. The current price is 657 KRW, and the market capitalization stands at 4.1784 trillion KRW. Ethena has gained attention for developing USDe, an Ethereum-based stablecoin with a more accessible and efficient architecture.
During the same period, Pudgy Penguin (PENGU) rose 18.86%, making it onto the list of top weekly gainers. Its current price is 52 KRW, with a market capitalization of 3.3166 trillion KRW. This asset is a unique community-based project, where various marketing and events leveraging its fandom serve as factors that attract investor interest.
Uniswap (UNI) followed with a 16.47% increase. Its current price is 14,131 KRW, and its market capitalization is 8.8847 trillion KRW. Uniswap is a leader in decentralized exchanges (DEX), providing users with a convenient trading environment through its automated market maker (AMM) functionality.
Story (IP) rose 15.15%, and its current price is 7,129 KRW. Its market capitalization reached 2.1006 trillion KRW. Flare (FLR) rose 13.60% and is trading at 32 KRW, with a market capitalization of 2.2426 trillion KRW. Ethereum Classic (ETC) rose 12.76% and is trading at 31,109 KRW. Its market capitalization is 4.7546 trillion KRW. Litecoin (LTC) rose 11.27% and is trading at 155,387 KRW, with a market capitalization of 11.8266 trillion KRW. Finally, GateToken (GT) rose 9.74% and is trading at 24,273 KRW, with a market capitalization of 2.9835 trillion KRW.
As such, various cryptocurrencies are drawing attention in the market by recording weekly gains. While each is attracting investor interest based on its own technical strengths or platform characteristics, market opinions remain divided on whether this current upward trend will continue.
※ This article was written by Bizhankook and MetaVX's generative AI.