[비즈한국] This report summarizes the market status and trends of major cryptocurrencies within the top 100 by market capitalization over the past week. We provide key information covering major assets like Bitcoin and Ethereum, as well as crucial 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, Kaspa (KAS) recorded a 43.42% increase from 7:00 AM on November 21 to 7:00 AM on November 28, taking the top spot for weekly gains. Its current price is 86 KRW, and its market capitalization is in the mid-2 trillion KRW range. The coin is well-known for its technical characteristic as a PoW Layer 1 that uses a BlockDAG structure to process blocks in parallel, and it continues to attract attention for its fast processing speed and scalability.
Second place went to SPX6900 (SPX), which recorded a weekly gain of 36.42%. Its current price is 1,032 KRW. SPX6900 is a meme token created as a parody of the traditional financial index, the S&P 500, and tends to be driven more by humor and technical price swings rather than functional utility or real-world use cases. It appears that demand has increased recently as liquidity for meme tokens in the market has rebounded.
Third place is WLFI, which rose 21.83% over the week and is trading at 237 KRW. WLFI is the governance token for the World Liberty Financial platform, designed to provide decentralized financial services such as lending and swapping, centered around its own stablecoin, USD1. However, the price of WLFI remains at about half of its September peak, and some analysts suggest that its upward momentum is limited despite token buybacks by the project team.
Fourth place is Monero (XMR), which rose 20.19%. Its current price is 594,388 KRW. Monero is a privacy-focused coin designed to prevent external parties from verifying transaction history, amounts, or participants, and it maintains strong, steady demand from users who prioritize anonymity.
Fifth place is Flare (FLR), which rose 15.51% to trade at 22 KRW. Flare is a project aimed at helping expand smart contract capabilities to existing chains that do not support them, focusing on cross-chain interoperability and the utilization of various dApps.
During the same period, Aave (AAVE) rose 12.80%. Its current price is 273,749 KRW, with a market capitalization of 4.1803 trillion KRW. Aave is gaining popularity for its decentralized financial services. Ethena (ENA) rose 12.72%, with a current price of 424 KRW and a market capitalization of 3.1479 trillion KRW. PancakeSwap (CAKE) rose 12.02% to trade at 3,635 KRW, with a market capitalization of 1.2269 trillion KRW. Pi Network (PI) rose 11.58% to 403 KRW, with a market capitalization of 3.3658 trillion KRW. Bitcoin Cash (BCH) rose 11.13%, with a current price of 782,800 KRW and a market capitalization of 15.6239 trillion KRW.
This week’s market saw meme tokens and governance tokens rise to the top ranks fueled by short-term supply and demand, while technology-based projects also maintained their upward trend. The market reflected broad expectations for price recovery, drawing balanced attention to various asset classes. However, as future trends may diverge depending on real-world utility and technical structures, investors need to distinguish the characteristics of individual projects.
※ This article was produced by Bizhankook and MetaVX's generative AI.