Steemit Coins, 51% Attacked Tokens, and Forgotten Crypto Assets
An interesting assortment of crypto assets have seen double-digit gains as larger competitors like bitcoin (BTC) and ethereum (ETH) have seen weaker improvements. For instance, BTC has gained 2.74% against the U.S. dollar during the last seven days.
ETH has jumped close to 10%, but not quite, with an 8.89% rise over the last week. While they are at the very least weekly improvements against the dollar, a number of unconventional crypto assets have jumped much higher.
As the Top Coins Lag Behind, an Odd Bunch of Crypto Assets See Double-Digit Gains
STEEM/USD (left) and REP/USD (right) on June 30, 2021. Charts show a five-day span
Steem (STEEM) has gained 54% this week and the crypto asset’s cousin steem dollars (SBD) spiked over 31% during the last seven days. The two digital currencies are leveraged for upvoting and tips on the Steemit blogging platform.
Below, steem’s 54% rise, the prediction market crypto-asset augur (REP) jumped 51%. REP tokens are used in the Augur system to give users the ability to create a prediction market on any topic. Another unconventional rise this week was monero classic’s (XMC) 45% jump. XMC is a fork of the privacy coin monero (XMR).
As the Top Coins Lag Behind, an Odd Bunch of Crypto Assets See Double-Digit Gains
XMC/USD (left) and FTC/USD (right) on June 30, 2021. Charts show a five-day span.
Then crypto assets that have seen 51% attacks, also saw double-digit gains this week. For example, below XMC’s rise, the digital currency vertcoin (VTC) rose 40% during the last seven days. And the coin below VTC, which has also been 51% attacked, is bitcoin gold (BTG) rising 38% this week.