[비즈한국] We summarize and report on the market conditions and trends of major cryptocurrencies within the top 100 by market capitalization over the past week. We provide comprehensive core information, covering major assets like Bitcoin and Ethereum, key issues in the altcoin market, and global policy variables. You can understand the volatile cryptocurrency market as easily and enjoyably as watching Netflix.
According to CoinMarketCap, a global virtual asset market tracking site, Humanity Protocol (H) recorded the highest weekly growth rate in the cryptocurrency market from 10:05 AM on October 24 to 10:05 AM on October 31, with a rise of 70.11%. The current price of Humanity Protocol is 392 KRW, and its market capitalization is 853.82 billion KRW. This project is a blockchain initiative aimed at building an identity verification system that "proves humanity in a digital environment." Users can prove "one person, one account" without exposing personal information through non-invasive biometric authentication based on palm recognition.
Virtual Protocol (VIRTUAL) followed with the second-highest growth rate of 64.75%. The current price is 1,874 KRW, and its market capitalization is 1.2296 trillion KRW. Virtual Protocol is a platform combining virtual reality and blockchain; recent analysis highlighting that its chart pattern is recreating the fractal upward structure of Ethereum (ETH) from the fourth quarter of 2024 has gained attention.
The third highest-gaining asset was Zcash, which rose by 37.86%. Its current price is 500,048 KRW, and its market capitalization is 8.1439 trillion KRW. Recently, as the U.S. Securities and Exchange Commission (SEC) considered easing regulations on privacy coins, buying interest has flowed into security-focused assets across the board.
Aerodrome Finance (AERO) recorded the fourth-highest growth rate at 34.59%. Its current price is 1,540 KRW, and its market capitalization is 1.3914 trillion KRW.
TrumpCoin (TRUMP) rose by 31.46%, marking the fifth-highest growth rate. Its current price is 11,028 KRW, and its market capitalization is 2.2057 trillion KRW.
At the same time, Pi Network (PI) rose by 24.35%, with a market capitalization of 3.0122 trillion KRW. Hedera (HBAR) rose by 19.20%, reaching a market capitalization of 11.9337 trillion KRW. Pump.fun (PUMP) rose by 16.00%, with a market capitalization of 2.2470 trillion KRW. Bitcoin Cash (BCH) rose by 14.17%, reaching a market capitalization of 15.6654 trillion KRW. Hyperliquid (HYPE) rose by 13.67%, with a market capitalization of 22.0256 trillion KRW.
Humanity Protocol showed unique movement, surging as much as 150% at one point on the 25th. In an article dated the 25th, CoinPedia analyzed, "Humanity Protocol is a project focused on solving AI-generated identity and bot problems, making it a rare example that possesses both versatility and practicality. Its recent entry into the top 100 by market cap is rapidly expanding interest from institutions and large investors." It also pointed to the reduction in circulating supply due to an increase in wallet creation and staking participation as a factor strengthening buying pressure.
Virtual Protocol is showing a pattern similar to Ethereum's price structure before its massive rally at the end of 2024. In particular, some investors are interpreting its breakout above the 200-day moving average (the $1.4 level) as a signal for further gains. Experts analyzed, "Even though Bitcoin is in a correction phase, Virtual Protocol is showing structural strength," adding that "if this fractal pattern remains valid, there is technical room for it to rise to the $4 range." However, they warned that because fractal patterns are based on historical similarities, volatility can expand depending on overall market sentiment and Bitcoin's trends, so it is dangerous to blindly trust that a specific chart pattern will repeat.
In this week's cryptocurrency market, while technology-led assets took the spotlight, it is also worth noting that alongside Humanity Protocol and Virtual Protocol, assets like Zcash, which frequently appears in weekly top gainers, and Pi Network, which has been a major issue in Korea, secured spots in the top tier.