[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 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 entertainingly as watching Netflix.
According to CoinMarketCap, a global cryptocurrency market tracking site, Zcash (ZEC) took the top spot in the cryptocurrency market with a 28.40% increase from 7:00 AM on December 5 to 7:00 AM on December 12. The current price of Zcash is 678,291 KRW, with a market capitalization reaching 11.1462 trillion KRW. Its trading volume was recorded at 1.7481 trillion KRW. Zcash is a privacy-focused cryptocurrency that is gaining attention from users for its emphasis on anonymity.
Mantle (MNT) ranked second with an 11.70% increase. The current price of Mantle is 1,730 KRW, and its market capitalization is 5.6286 trillion KRW. Trading volume was reported at 186.0303 billion KRW. Mantle is the native token of the Mantle Network, an Ethereum-based modular Layer 2 blockchain project, focusing on enabling fast and low-cost transactions while solving Ethereum's scalability issues.
Meme Core (M) rose 11.32% to take the third spot. The current price is 2,171 KRW, and its market capitalization is 2.7025 trillion KRW. Trading volume was recorded at 30.5083 billion KRW. Meme Core is the first Layer 1 blockchain built for Meme 2.0.
OKX Token (OKB) rose 7.60% to rank fourth. The current price is 169,918 KRW, with a market capitalization of 3.5682 trillion KRW. Trading volume is 89.41265 billion KRW. OKX Token is a utility token used on the OKX cryptocurrency exchange, offering various benefits such as transaction fee discounts.
Aave (AAVE) ranked fifth with a 5.68% increase. The current price is 296,051 KRW, and its market capitalization is 4.5286 trillion KRW. Trading volume is 555.93084 billion KRW. Aave is a decentralized finance (DeFi) platform that provides protocols for lending and borrowing.
At the same time, Ethereum (ETH) rose 4.16%, with a current price of 4,786,154 KRW and a market capitalization of 577.6657 trillion KRW. Bittensor (TAO) rose 4.08%, with a current price of 444,992 KRW and a market capitalization of 4.6619 trillion KRW. Toncoin (TON) rose 3.90% to a current price of 2,429 KRW, with a market capitalization of 5.9452 trillion KRW. Tezos (XTZ) rose 3.64%, with a current price of 753 KRW and a market capitalization of 805.19976 billion KRW. Monero (XMR) rose 3.53% to a current price of 611,467 KRW, with a market capitalization of 11.2795 trillion KRW.
In this week's cryptocurrency market, Zcash garnered attention by recording the highest growth rate. Zcash, which emphasizes anonymity by using zero-knowledge proof technology to mask transaction-related information, showed a recovery trend after a sharp decline in November, proving the strong demand for privacy coins. Mantle and Meme Core also showed strength, each recording growth rates in the 11% range. Such an upward trend is expected to continue due to the volatility of the cryptocurrency market and various external factors.
※ This article was written by Bizhankook and MetaVX's generative AI.