[비즈한국] This article provides a weekly summary of major market trends and movements for the top 100 cryptocurrencies by market capitalization. We aggregate key information, including major developments for top assets like Bitcoin and Ethereum, altcoin market trends, and global policy variables. It is designed to help you understand the volatile cryptocurrency market as easily and enjoyably as watching Netflix.
According to the global virtual asset market tracking site CoinMarketCap, PIPPIN recorded the highest weekly gain of 73.38% in the cryptocurrency market from 7:00 AM on February 20 to 7:00 AM on February 27. The current price of PIPPIN is 1,202 KRW, reflecting an 11.73% increase over the last 24 hours. PIPPIN is characterized as an 'integrated' Web3 platform designed to bind various blockchain games and digital collectibles within the metaverse into a single ecosystem, allowing users to move across diverse games and content using the same tokens and NFTs.
Decred (DCR) ranked 2nd with a weekly gain of 43.31%. Decred's current price is 46,677 KRW, up 12.26% over the last 24 hours. Decred is considered a 'decentralized governance coin' that features a structure where the community directly votes to decide on budget execution and rule changes through on-chain governance and a treasury.
Morpho (MORPHO) ranked 3rd with a weekly gain of 32.77%. Morpho's current price is 2,670 KRW, up 1.42% over the last 24 hours. Morpho is a specialized DeFi lending project designed as an 'optimization layer' that sits on top of existing DeFi lending protocols (like Aave and Compound) to enhance interest rate efficiency by matching depositors and borrowers in a near 1:1 ratio.
Polkadot (DOT) ranked 4th with a weekly gain of 22.74%. Polkadot's current price is 2,252 KRW, down 8.63% over the last 24 hours. Polkadot is known as a multi-chain (inter-chain) infrastructure that connects a central 'relay chain' with dozens of 'parachains,' allowing various blockchains to exchange data and operate while sharing a single security network.
Stable (STABLE) ranked 5th with a weekly gain of 19.48%. Stable's current price is 50 KRW, up 9.87% over the last 24 hours. Stable is designed as a blockchain specialized in stablecoin payment infrastructure, where the dollar-pegged stablecoin USDT is used as the primary payment asset, and a separate governance token, 'STABLE,' is used to adjust validator rewards, network upgrades, and dApp incentives.
Aerodrome Finance increased by 15.42% and is trading at 516 KRW. Uniswap is trading at 5,516 KRW, up 14.48%.
During the same period, JUST (JST) rose 12.88% to 68 KRW. ether.fi (ETHFI) recorded a 12.13% increase and is trading at 732 KRW. Gnosis (GNO) rose 12.04% to 185,213 KRW.
The strength of PIPPIN is attributed to a combination of IP partnership announcements with major game companies since late January and analysis reports regarding 'smart money' inflows in February, which concentrated buying sentiment on the metaverse and GameFi themes. Despite the short-term surge, some analysts noted that because on-chain game counts and user metrics are also rising, the price movement reflects "expectations for ecosystem expansion rather than mere speculation."
Decred garnered renewed attention last January after the 'DCP-0013' proposal, which sets a cap on treasury spending, passed with 99% approval. In February, this focus on fiscal discipline, combined with the strength in the privacy coin sector, appears to have stimulated buying. Market analysts suggest that "as the community draws clear boundaries on asset management, Decred is establishing itself as an alternative coin with dual themes of governance and privacy."
As for Morpho, the 'Morpho 2026' roadmap released in mid-January outlined plans to kick-start 2nd-generation DeFi lending features, such as fixed/variable rate options and cross-chain lending support. Following this, trading volume surged on major exchanges during the fourth week of February, sparking speculation about institutional and whale participation. Experts analyzed that "in a period where DeFi Total Value Locked (TVL) is rebounding, 'optimization layer' protocols that squeeze out a bit more yield on top of existing platforms are emerging as attractive investment alternatives."
It is noteworthy that the virtual asset market this week was led by platform and infrastructure coins with distinct proprietary technologies or governance structures. Buying was concentrated on assets with easy-to-explain narratives, such as the metaverse/gaming, DeFi lending, inter-chain, and stablecoin payment networks. Consequently, assessments suggest that amidst market volatility, investors are identifying high-quality projects based on real-world utility and structural differentiation.
※ This article was written by Bizhankook and MetaVX's generative AI.