Shiba Inu Was Top Gainer Last Week Among Top 100 Cryptos
Shiba Inu (SHIB-X) was the top gainer among major coins last week. Here are the coins that rose the most during that time frame.
Shiba Inu
The self-described "Dogecoin (DOGE-X) Killer" rose 222.51% over a seven-day period. The ascent in the coin’s price after a crypto whale or whales purchased trillions of SHIB last week. A tweet by Tesla Inc (TSLA) CEO Elon Musk embellished with a photo of his Shiba Inu dog “Floki” sitting in the front trunk of a Tesla vehicle also helped buoy SHIB.
There is also a growing clamor for adding SHIB to the platform operated by Robinhood Markets, Inc (HOOD).
Stacks
The token associated with the open network for decentralized apps and smart contracts built on Bitcoin (BITCOMP) soared 66.81% for the week.
Stacks shot up this week thanks to the positive news surrounding non-fungible tokens, as per a Decrypt report.
Some of the NFTs that gained traction this week include Bitcoin Birds and StacksPunks, a knock-off of CryptoPunks.
Bitcoin Birds collection traded at 16,651 STX, which StackPunks traded at 620,528 STX, putting the current values of the collections at $36,299.18 and $1.352 million respectively.
Fantom
The token of the highly scalable Decentralized Finance-oriented blockchain gained 46.36% over the last seven days.
FTM touched an all-time high of $2.45 on Friday. A day prior it was reported that flows from Ethereum (ETH-X) to Fantom averaged $10-25 million per day over September.
Independent research firm Delphi Digital noted that flows to Fantom increased by an unprecedented amount due to a new yield farm last week.
Harmony
The Decentralized Applications or DApps project’s token has shot up 41.9% over the week.
The project recently released a development roadmap and over the weekend revealed plans to make its 1wallet integrate Apple Inc’s (AAPL) payment service Apple Pay.
Notable Mentions:
Other gainers over the week included Klaytn, the token of a project focusing on bringing about a user-friendly blockchain development environment, which rose 43.02% over the last seven days. Bitcoin SV and Bitcoin Gold soared 27.2% and 24.89% during the past seven days as well.
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