[비즈한국] This report summarizes the market status and trends of major cryptocurrency projects within the top 100 by market capitalization over the past week. It provides comprehensive key information, covering major assets like Bitcoin and Ethereum, as well as significant issues in the altcoin market and global policy variables. You can understand the volatile cryptocurrency market as easily and interestingly as watching Netflix.
According to CoinMarketCap, a global virtual asset market tracking site, Algorand recorded the highest growth rate in the cryptocurrency market from 10:50 AM on March 27 to 10:50 AM on April 3, rising 30.24% over the last 7 days. The current price of Algorand is 165 KRW, and it has risen 8.42% in the last 24 hours. Algorand is a blockchain project designed by university professor Silvio Micali, characterized by its 'Pure Proof of Stake (PPoS)' consensus technology, which achieves fast transaction finality and high security.
Memecore ranked second with a weekly growth rate of 13.29%. The current price of Memecore is 3,855 KRW, with a 3.22% increase over the last 24 hours. Memecore is a network that integrates a launchpad and community platform for meme token (Layer-2) projects, featuring a structure that allows creators to tokenize meme-based content.
Dixi rose 11.69% over the last 7 days. Dixi's current price is 12,126 KRW, down 0.85% over the last 24 hours. Dixi is characterized by its decentralized operating mechanism, where users directly participate in decision-making processes based on the 'DIXI DAO' system that automates governance structures.
Venice Token climbed to the top ranks, rising 11.59% for the week. The current price of Venice Token is 10,748 KRW, with a 5.71% increase in the last 24 hours. Venice Token is a blockchain platform that combines artificial intelligence (AI) data analysis services, standing out for its reward structure for AI model training data.
Chiliz rose 9.46% over the last 7 days. The current price of Chiliz is 58 KRW, down 4.16% in the last 24 hours. Chiliz is a fan-engagement blockchain that supports global sports clubs and fan communities in issuing and operating their own tokens, with its practical applications expanding into various fields such as soccer and esports.
Stable rose 8.78% and is trading at 43 KRW. JUST rose 7.64% and is trading at 96 KRW.
At the same time, Zcash is at 358,383 KRW, up 6.07%. Pax Gold recorded a growth rate of 5.51% and is trading at 7,039,681 KRW. Tether Gold rose 5.20% to 7,013,690 KRW.
Algorand's recent rise is attributed to the 'Algorand Grant 2.0' program announced by the foundation on March 28. This is a new grant system for expanding the developer ecosystem, and the news that it will support DeFi and tokenization infrastructure projects has spread anticipation within the community. Industry analysts suggest that the potential for expansion into real-world use cases has been reflected in the price.
Memecore's recent listings on major exchanges such as Bybit and Gate.io have stimulated investor sentiment. Evaluations suggest that liquidity supply increased immediately after the listings, concentrating short-term buying pressure. Experts explained that Memecore has emerged as a center of market trends, gaining attention as a platform stock for the 'meme coin theme.'
Dixi's price movement is attributed to the protocol version 1.6 upgrade completed on March 30. This update added features to shorten the duration of the governance decision-making process and enhance transparency. Blockchain experts analyzed that the clearer and more efficient DAO operation structure has boosted investor confidence.
This week's market saw a simultaneous strength in infrastructure-type projects with practical functions and newly listed altcoins. Evaluations indicate that individual positive news based on technical maturity and community cohesion has spread throughout projects within the top 100 by market cap, leading to a selective upward trend centered on actual development achievements rather than mere themes.
※ This article was written by Bizhankook and MetaVX's generative AI.