This Year’s Top Performers and What to Watch in 2024

Layer-1 blockchain Solana (SOL) led the way in 2023 in terms of token price gains, with other altcoins Avalanche (AVAX), Stacks (STX) and Helium’s (HNT) following closely behind. Solana, which began its sharp increase in mid-October, has risen over 700% since the start of the year. HNT also made considerable gains, climbing 500%. Most of the advance came this month, following the company’s move into the mobile space. For Avalanche, there have been a number of institutional partnerships that helped lift the token some 300% year-to-date. Looking forward, analysts pointed…

Bybit to issue scholarships for top performers at AUS

Bybit, the world’s third most visited crypto exchange, has partnered with the American University of Sharjah (AUS) to award scholarships of around $272,000 (AED 1 million)  to high-achieving students. Bybit partners with AUS The scholarship initiative follows Bybit’s partnership with AUS, which was unveiled earlier this year in June. The initial memorandum signed between the entities was to support 20 students in their academic and research efforts towards fintech development.  The scholarship supported a total of 38 recipients, which involved 29 currently enrolled students, and 9 new first-time students.  Dr…

Grayscale Bitcoin Trust among ARK’s top ETF performers in Q2 2023

Digital currency investment product, Grayscale Bitcoin Trust (GBTC), was one of the best performers at Cathie Wood’s ARK Invest in the second quarter of 2023. According to ARK’s latest quarterly ETF report published on July 19, GBTC was one of the top contributors to the success of its ARK Next Generation Internet exchange-traded fund (ARKW) in Q2. According to the data, GBTC was one of the top five drivers of ARKW’s growth of more than 9% in Q2, alongside other top performers like Tesla, Shopify, Unity Software and Draftkings. Ranked…

Top & Bottom Performers, Ferrari Takes Lead to

Traditional automaker Ferrari surprisingly came out at the top of auto stocks for 2022, beating out EV companies.  Amid the selling pressure in the tech space that characterized much of 2022, top-performing auto stocks were those with the lowest decline. Some auto stocks outperformed others this year because they escaped the worst of 2022’s selling pressure. However, the best-performing auto stock for the year was not from the emerging EV industry but rather the fossil-fueled Ferrari. Several once-promising EV startups constituted the biggest losers of 2022 due to capital hurdles or production scale…

Top 3 Altcoins Performers For The Week

The crypto market keeps getting touchy and challenging for most crypto traders and investors, with the market being hit virtually every week with bad news that sends the price of most altcoins to their weekly lows. Recently, the price action displayed by many altcoins has been problematic as many altcoins battle for survival. The Domino effect of the FTX saga and other huge investors involved has left the market at a standstill as the market is yet to make a major move after previous weeks. Here are the top 3…

Polygon (MATIC) Among Top Performers, Can It Sustain The Rally?

Popular Ethereum layer-2 token MATIC has surged over 17% in the last 24 hours, leading the crypto market in gains. Its price jumped from the previous day’s low of $0.815 to a local high of above $1. However, the price succeeded in breaking through the $1 barrier, settling at $1.13 at press time. MATIC’s price had fallen for five days in a row beginning on October 29th. However, it has recently seen a remarkable uptick due to several positive developments. Meta’s recent announcement about supporting NFTs on Instagram leveraging Polygon…

Top 3 Altcoin Performers Of The Week- DOGE, KLAY, MATIC

DOGE’s price shows strength as it bounces from a downtrend range price rallied to a high of $0.088 with eyes set on $0.1.  MATIC could rally more as the price creates more bullish bias breaking out of its descending triangle with good volume as the price could rally to $1.  KLAY’s price remains strong on the daily timeframe above the 50 Exponential Moving Average (EMA) as the price aims for more rallies. The top 3 altcoin performers for the week have been MATIC, DOGE, and KLAY, considering how these altcoins…

Chilliz and EOS Tokens the Best Crypto Performers in August in Bear Market

“It’s interesting because in a bear market, technically, a lot of the tokenomics changes tend to be what drives one’s price changes that we see a lot more of, versus in the bull market where it’s kind of like any old announcement and people get really excited,” Talati said, referring to the correlation between Cosmos’ tokenomics redesign and its token’s price increase. Source

Top-5 Crypto Performers: LINK, TRX, EOS, XRP, ADA

Fundstrat Global Advisors co-founder Tom Lee believes that Bitcoin does well when the S&P 500 market index moves up. Though Bitcoin might act as a macro hedge against global turmoil in some instances, it has largely performed negatively when the S&P 500 has dropped. It will be interesting to see how Bitcoin moves in the next few weeks. Bakkt’s launch did not generate the interest it was expected to do, which led some to blame it as the reason for the recent drop in Bitcoin. However, institutional traders do not…