The ideal cryptocurrency to buy may be influenced by your prior exposure with digital currencies, as well as other strategies and preferences. With all these cryptocurrencies to choose from, how would investors understand when to invest in them?
Let’s take a look at the top performing cryptocurrencies this week of June 8, 2021 to see if there are any trends.
1. Theta Fuel (TFUEL) – Up 61.81% in the past week
Theta Fuel (FUEL) is a Theta blockchain native token. TFUEL supports on-chain processes such as payments to relayers for distributing a video feed, as well as the deployment and interaction with smart contracts. Theta Fuel is up 14.85% in the last 24 hours.
2. Arweave (AR) – Up 24.13% in the past week
Arweave (AR) is a cryptocurrency project utilized for long-term data storage. The blockweave platform is intended to enable scalable on-chain storage. Arweave is up 8.91% in the last 24 hours.
3. Theta (THETA) – Up 19.35% in the past week
Theta (THETA) is the first end-to-end infrastructure for decentralized video streaming and delivery that offers both technological and economic alternatives.
It functions as a long-term, sustainable incentive system that encourages all participants to engage in video delivery in a completely decentralized manner. THETA is down 5.97% in the last 24 hours.
4. Curve DAO Token (CRV) – Up 18.97% in the past week
Curve DAO Token (CRV) is an Ethereum token that is used to run Curve.fi, a decentralized exchange and automated market maker protocol. The protocol is intended to make it simple to exchange equivalent ERC-20 tokens with Ethereum-based Bitcoin tokens. Curve DAO Token is down 11.62% in the last 24 hours.
5. Solana (SOL) – Up 16.78% in the past week
Solana (SOL) is a rising blockchain that helps developers all around the world build crypto programs Solana is a blockchain that is fast, safe, and immune to censorship, and it provides the open infrastructure essential for worldwide growth.
Should You Invest in Cryptocurrency?
You’ll have to sign up with a cryptocurrency exchange if you’ve elected to utilize cryptocurrencies in your trading strategy. The total crypto market volume over the last 24 hours is $142.56B, which makes a 65.73% increase.
If you want to start investing in cryptocurrencies, you should talk to a financial advisor to ensure that this is the right move for you.