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    Home»Nerd Voices»NV Finance»Not everything is negative, these are some cryptocurrencies that have gained value these weeks
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    NV Finance

    Not everything is negative, these are some cryptocurrencies that have gained value these weeks

    Nerd VoicesBy Nerd VoicesOctober 8, 20223 Mins Read
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    Although the two great representatives of the cryptocurrency market, Bitcoin and Ethereum, are in an extremely negative period from which they do not seem to want to get out, even after the much talked about Ethereum Merge, which rather seems to have worsened the situation for the cryptocurrency silver, these two are not the entire cryptocurrency market, there are many altcoins that, unlike both cryptoactives, are in a much better position.

    Currently, Bitcoin and Ether, in addition to some others such as Solana, Cardano, and Stablecoins such as USDC, BUSD, and USDT, are the ones with the highest investment volume in the entire market. The current circumstances, however, disadvantage the main cryptos and have not allowed them to recover value. However, in this article, we bring you some cryptocurrencies that are performing well at the moment and that, according to indicators such as cross margin or isolated margin, are more accessible from the point of view of trading with leverage.

    Some cryptocurrencies with the best face for trading

    Chiliz

    The Chiliz or CHZ cryptocurrency in the nomenclature is one of the most promising today, mainly because it is related to the socio.com platform, which is also related to soccer. Bearing in mind that the FIFA World Cup is getting closer every day, we can venture to predict that this increase in value will not stop in the coming months, so there is a possibility that this asset will become more and more relevant, especially as the football season progresses.

    Currently, Chiliz has shown sustained growth and on the last day, while this article is being written, it has gained 17.11% market capitalization, also demonstrating the interest that Chiliz has aroused in investors.

    Ripple

    Ripple is widely known as the first stablecoin on the market, that is, the first to be anchored to the dollar, and, therefore, at the time it was one of the most important innovations in the crypto world. Today, many newer cryptocurrencies use stablecoins as a counterweight to regulate the price of the crypto asset so that it stays within a range. Ripple, however, does not respond to this type of interest directly, so its capitalization has currently gained a rebound.

    As of September, the cryptocurrency has recovered in value, hovering around $0.48 per token at the time of writing. Currently, the indicators show that it is in a period of strong buying, with a rise of approximately 23%.

    Algorand

    ALGO is a cryptocurrency that has given much to talk about in the world today, thanks to the fact that, while the main exponents of the market are stagnant, its value has skyrocketed, even exceeding 25%. In fact, it is the cryptocurrency that, in recent days, has appreciated more and more steadily during the current week, at least of those that we have listed in this article.

    On the last day, while this entry is being written, it gained at least 15%. Algorand’s market volume currently exceeds $516 million, and its price hovers around $0.37, gaining profitability as September progresses.

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