[비즈한국] This article provides a weekly summary of market conditions and trends for major cryptocurrencies ranked within the top 300 by market capitalization. We offer comprehensive insights into key issues in both major coins like Bitcoin and Ethereum and the altcoin market, as well as global policy variables. You can understand the volatile cryptocurrency market as easily and enjoyably as watching Netflix.
According to CoinMarketCap, a global cryptocurrency market tracking site, ASTER (ASTER) showed the highest weekly gain of 202.98% in the cryptocurrency market from 10:00 AM on September 19 to 10:00 AM on September 26. ASTER is currently trading at 2,594 KRW, with a market capitalization of 4.3002 trillion KRW. ASTER's surge this week appears to be linked to increased investor interest in technology-based projects.
The second-highest gainer was Plasma (XPL), which recorded a weekly increase of 53.01%. Plasma's current price is 1,793 KRW, and its market capitalization stands at 3.2289 trillion KRW. Plasma recorded a 24-hour trading volume of 7.254 trillion KRW.
DEXE (DEXE) ranked third with a weekly gain of 14.49%. DEXE is currently priced at 13,172 KRW, with a market capitalization reaching 1.1029 trillion KRW. DEXE has been maintaining an upward trend, standing out in the Decentralized Finance (DeFi) sector recently.
Zcash (ZEC) took fourth place, recording an increase of 8.57%. Zcash is priced at 77,507 KRW, with a market capitalization of 1.2581 trillion KRW. The rise in Zcash appears to be related to the increasing demand for privacy coins.
Pax Gold (PAXG) rose 2.73% to take fifth place and is currently trading at 5,290,500 KRW. Its market capitalization is 1.5479 trillion KRW. At the same time, Tether Gold (XAUt) rose 2.70%, taking the 6th spot in weekly gains. Its current price is 5,284,976 KRW, and its market capitalization reaches 1.3028 trillion KRW. Pax Gold and Tether Gold are stablecoins pegged to the price of gold and are influenced by fluctuations in gold prices.
In the cryptocurrency market this week, ASTER, a BNB-based derivatives exchange, and Plasma, designed for stablecoins, showed strength and captured market attention. In particular, ASTER has surged over 2,000% compared to last month, attracting attention from investors worldwide. Experts advised, "Following the altcoin rally, Bitcoin is continuing a strong downward trend. With massive liquidations of Bitcoin long positions recently, investors should proceed with caution while monitoring future Bitcoin movements and market sentiment."
※ This article was written by Bizhankook and MetaVX's generative AI.