[비즈한국] This report summarizes the weekly market conditions and trends for major cryptocurrencies within the top 100 by market capitalization. We provide comprehensive core information, covering major assets like Bitcoin and Ethereum, key issues in the altcoin market, and global policy variables. We make the volatile cryptocurrency market as easy and fun to understand as watching Netflix.
According to the global virtual asset market tracking site CoinMarketCap, from 7:00 AM on February 13 to 7:00 AM on February 20, Morpho topped the crypto market with a weekly gain of 28.39%. Morpho's current price is 2,035 KRW, down 3.17% in the last 24 hours. Morpho is an Ethereum-based non-custodial lending protocol that provides decentralized finance (DeFi) services, allowing users to create and manage their own lending pools.
Stable ranked 2nd with a weekly gain of 27.70%. The current price of Stable is 42 KRW, and it has risen 4.33% in the last 24 hours. Stable is a high-speed, EVM-compatible Layer 1 blockchain that uses USDT as its gas token, specializing in payments through gas-less transfers and sub-second processing speeds.
PiCoin rose to 3rd place with a weekly gain of 27.61%. Its current price is 248 KRW, and it is down 7.40% in the last 24 hours. PiCoin is a project that allows mining through simple daily button clicks on a smartphone app, emphasizing energy-efficient accessibility using the Stellar Consensus Protocol.
Kite recorded a weekly gain of 25.51%, placing 4th. Kite's current price is 351 KRW, and it has risen 11.23% in the last 24 hours. Kite is a blockchain for infrastructure where AI agents autonomously trade and pay, supporting three-tier identity architecture and state-channel-based ultra-low latency payments.
Night Token took 5th place with a weekly gain of 23.44%. Night Token's current price is 89 KRW, rising 7.71% in the last 24 hours. Night Token is the governance token of the Midnight Network, responsible for network security and providing programmable privacy through zero-knowledge proofs (ZK).
Bittensor rose 17.98% and is trading at 257,716 KRW. Cosmos is trading at 3,298 KRW, up 16.98%.
Pepe is at 0.00612 KRW, up 16.26%. Zcash recorded a 15.20% gain and is trading at 382,878 KRW. Bitcoin Cash rose 12.13% to 812,657 KRW.
Morpho's price soared as trading volume surged following mentions of a DeFi project by the Trump family. As this news triggered buying interest, a golden cross was confirmed on the RSI indicator. Experts analyzed that the expanding real-world usage of DeFi lending protocols is the key driver of the continued rise.
Stable reached an all-time high in early February as its Fully Diluted Valuation (FDV) surpassed $3 billion, following the announcement of its mainnet version 1.2.0 upgrade. Investors flocked to the project as the upgrade improved Solidity code and enhanced staking features. Analysts noted that the efficiency improvement of its USDT-based payment network drove the market response.
PiCoin rallied more than 25% following the conclusion of its node upgrade (version 19.6) on February 15 and the announcement that the mainnet migration for its 16 million users was complete. As this development enhanced network stability and scalability, the CMF indicator showed buying pressure at 0.41. According to expert analysis, the mainnet migration has laid the foundation for long-term growth.
The common trend among this week's top 100 gainers was the strength of projects focused on practical application, such as DeFi lending innovation, AI agent payment infrastructure, and ZK privacy technology. These technology-based altcoins saw a surge in trading volume alongside mainnet upgrades and governance news. Market experts diagnosed that the trend of combining AI and privacy led the altcoin rally in the 8th week.
※ This article was written by Bizhankook and MetaVX's generative AI.