Major cryptocurrencies continued to make strong gains this week, maintaining the overall positive market price movement from last week.
Nowadays, Bitcointhe market value of increased by 24.26%, and Ethereum supporters saw an even better surge, with their coin surging 62.79% to $1,703 in the past 30 days, according to Binance. But a new addition to this list of top cryptos this week is Lucky Block.
Lucky Block guarantees transparency and fairness in transactions. The platform is set to explode after their Twitter handle announced their confirmed CEX listing on the MEXC Global exchange platform.
We will explore the hottest cryptos for this coming week.
5 Best Cryptos to Trade This Week
Choosing the ideal crypto to trade and the perfect timing is crucial to a successful trade. Here, we bring you the trending cryptos you should consider trading this week that are showing promising profit returns.
The best cryptos to trade this week are:
- lucky block
- Bitcoin
- Classic Ethereum
- Solana
- Monero
1. Lucky Block
lucky blockafter its launch, has already proven that it can deliver huge returns to investors with one of the strongest starts to 2022. LBLOCK’s early investors saw 12,000% ROI in just weeks after the tokens are issued.
Lucky Block is a platform for NFT competitions where Lucky Block NFT holders can participate in giveaways and earn rewards just by holding the tokens. On the platform, many tournaments are held, but to participate in them you must have an NFT.
Twenty-four hours before the jackpot draw, you can acquire free tickets if you own LBLOCK and have a holding value of 500 USD. There are two promotions at Lucky Block. The Weekly Main Draw and the Weekly NFT Draw take place every Friday. In the main raffle, users have a chance to win LBLOCK tokens worth 50,000 USD.
Lucky Block has also released a new cryptocurrency called V2 which does not impose transaction taxes. As a result, Lucky Block will eventually be included in major centralized exchanges, which will have a significant long-term impact on its value.
Where to buy Lucky Block
A growing number of centralized and decentralized exchanges (DEXs), such as Pancakeswap and LBank, provide Purchase LBLOCK. Updates on future CEX lists are available on the official website Lucky Block Telegram.
The revised version of the ECR20 token of the Lucky Block token is also available on LBank.
Current statistics
The current Lucky Block price is $0.001550 with a trading volume of 688,878 in twenty-four hours. In 24 hours, Lucky Block was up 17.92%, according to CoinMarketCap. Lblock has a maximum supply of 10 billion coins
Due to the token’s upcoming CEX listing on the MEXC market on August 1, the coin’s value is expected to increase in the coming days.
Your capital is in danger.
2. Bitcoin
It was never about Bitcoin‘s as the most popular cryptocurrency. The leading digital asset is one of the biggest possibilities for day trading cryptocurrencies due to its widespread appeal and high liquidity.
Bitcoin broke above its previous close on Saturday, rising $798.93 or 3.36% to $24,584.24. The world’s largest and best-known cryptocurrency, Bitcoin, is up 39.7% from its low of $17,592.7 in early June.
Where to buy Bitcoin-
Coinbase and eToro are some of the top cryptocurrency trading platforms preferred by investors for trading Bitcoin.
Current statistics-
The Bitcoin The current price is $23,710.44, with a 24-hour trading volume of $27,277,640,386. Bitcoin is down 0.64% in the last 24 hours. Bitcoin’s current CoinMarketCap ranking is 1, with a live market cap of $453,065,525,052. It has a circulating supply of 19,108,275 BTC coins and a maximum supply of 21,000,000 BTC coins.
Your capital is in danger.
3. Classic Ethereum
One of the few cryptocurrencies that have seen growth over the past few weeks is Ethereum Classic (ETC). ETC is up nearly 28% in the past four days.
A hard version of Ethereum is known as Ethereum Classic. The DAO, a decentralized venture capital fund running on the Ethereum blockchain, has been hacked, which is how it appeared. The platform allowed investors to vote and invest in potential projects through smart contracts and codes.
With the Ethereum 2.0 upgrade, Ethereum’s consensus algorithm will move from proof-of-work (PoW) to proof-of-stake (PoS). However, Ethereum miners will become obsolete as a result of the change.
Therefore, after the update, a number of miners are planning to move to blockchains where PoW is still used. One such network is Ethereum Classic. This may be one of the factors considered by analysts and investors Classic Ethereum be a promising future investment.
Where to buy Ethereum Classic-
You can buy Ethereum Classic on exchanges including eToro, Binance, Global Huobi and others.
Current statistics-
The current price of Ethereum Classic is $39.85 with a twenty-four-hour trading volume of $2,198,797,226. Over the past twenty-four, Ethereum Classic has declined by 0.66%.
With a market cap of $5,423,023,007, CoinMarketCap now ranks Ethereum Classic 19th. The crypto has a maximum supply of 210,700,000 ETC coins and a circulating supply of 136,087,591 ETC coins.
Your capital is in danger.
4. Solana
The second largest blockchain project by market capitalization, Solana provides a platform to build decentralized apps, which are similar to common apps like Twitter and Robinhood but bypass the middleman, thanks to blockchain technology.
Solana is undoubtedly the fastest growing ecosystem in the crypto industry. Its decentralized open-source blockchain network was created to make it easier to build user-friendly and scalable apps for everyone around the world.
The blockchain is incredibly fast, with around 65,000 transactions per second (TPS) and a relatively low transaction cost. Additionally, he is working on initiatives related to DeFi, Web 3.0 and NFT.
Where to buy Solana block-
On most exchanges, Solana Tokens (SOL) are available for purchase. eToro, Binance, Global Huobi can be viable options for trading Solana. As with any other investment option, it is essential to remember that investing in cryptocurrencies comes with certain risks.
Current statistics-
With a twenty-four-hour trading volume of $1,904,845,167, the current price of Solana (SOL) is $43.41. In 24 hours, SOL increased by approximately 1.82%. With an actual market cap of $15,026,525,847, there are currently 346,159,623 SOL coins in circulation.
Your capital is in danger.
5. Monero
An open-source, secure, untraceable, and privacy-focused cryptocurrency is called Monero.
Its blockchain has been deliberately configured to be opaque. The platform uses unique cryptography to ensure that every transaction is completely unrelated and untraceable. Here, participants’ addresses are disguised to protect their identity, the identity of senders, recipients, and the amount of the transaction.
Monero’s top priorities are efficiency and usability, followed by privacy and security. This cryptocurrency uses CryptoNight, a consensus process based on the proof-of-work mechanism, to prevent large mining farms from gaining a dominant position.
The RandomX protocol powers its blockchain environment and Monero’s native token is XMR. For anonymous transactions, the crypto uses a one-time ring signature algorithm. Additionally, stealth addresses are created for each transaction to ensure that they are only used once and are not tied to each other.
Where to buy Monero-
As a privacy currency, XMR is not listed on all major exchanges. But XMR can be bought on Binance.
Current statistics-
With a twenty-four-hour trading volume of $144,258,670, the current price of Monero (XMR) is $157.09. In 24 hours, Monero was down about 0.73%. With a live market cap of $2,851,902.87, CoinMarketCap now ranks Solana 28e. There are currently 18,154,752 XMR coins in circulation.
Your capital is in danger.
Summary
With the high volatility in the crypto market, according to our statistics, the above-mentioned cryptos are the top cryptos you might consider investing in. It was also predicted that the LBLOCK price will test the resistance at $0.002300. Note that price predictions can happen at any time due to any unforeseen event. So invest safely and always do your own research before investing your hard earned money.
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