Only three of the top 100 cryptocurrencies with the highest market value achieved an appreciation above 70% in the last 30 days, a very volatile period that provided fear for novices, caution for more experienced ones and opportunity for the boldest cryptoinvestors.
In the same period, for example, excluding four stablecoins from the ranking, Bitcoin , the largest cryptocurrency in the world, occupies only the 45th position, with an appreciation of approximately 12% in the last seven days, but with a negative balance of 6% in the last 30 days. Therefore, earning above 70% in this period was a considerable price performance.
Check out the three cryptocurrencies that had such performance in the last 30 days, according to data from Coinmarketcap .
Land (LUNA) – 120% appreciation
Despite LUNA's recent truce, which had been growing day by day in the double digits, the cryptocurrency was the one that appreciated the most in the last 30 days, reaching 120% in the period so far.
In Christmas week, after surpassing the Binance Smart Chain (BSC) and becoming the second largest protocol for decentralized finance (DeFi) on Tuesday (21), the LUNA da Terra token reached an all-time high of US$ 97.90 .
At the time of writing, the Luna token trades at around $94 and faces a 4.5% drop in the past 24 hours.
Near Protocol (NEAR)
The Near Protocol token has also achieved a relevant appreciation in the last 30 days, which amounts to a gain of approximately 80% so far. The cryptocurrency that was worth less than $1 at the end of last year is now worth 15 times as much. At the time of writing, NEAR is trading at around $15, even though it has fallen nearly 5% in the past 24 hours.
Based on first-tier cloud computing, the Near Protocol blockchain emerged to bring smart contract solutions to market, becoming a rival to the Ethereum network, just like Solana and Avalanche.
Polygon has also shown itself to be resilient during 2022 and in the last 30 days it has achieved a valuation of around 70%. Last week, for example, the MATIC token saw a 30% increase after the Uniswap community voted to use Polygon's smart contracts.
At the time of writing, MATIC is trading at around $2.70, and has seen a decline of less than 1% in the past 24 hours.
Remember that Polygon is a project launched in 2019 whose token, MATIC, was worth less than 1 cent. It is a second tier solution designed to lower the cost coming from Ethereum.
The post Three cryptocurrencies among the top 100 that appreciated 70% in the last 30 days appeared first in Portal do Bitcoin .