Rating Of Profitable Cryptocurrencies From The DeFi SectorAdmin
Cryptocurrency analysts studied the market situation over the last week as of July 31, 2022. They talked about the most profitable, in terms of profitability, virtual assets from the decentralized finance (DeFi) sector. They noted that 3 products once brought their investors more than 50% profit for the reporting period.
The notorious project yearn.finance became the leader of the week, which has risen in price by 72.39% over the past 7 days. As of 15:10 Moscow time, the YFI token was trading at $12,018.8. The market capitalization of the virtual asset rose to $440.34, which allowed the former industry leader to rise to 24th place in the list of top DeFi projects.
The second, in terms of profitability went to a lesser-known startup — Uquid Coin. The platform’s native token, UQC, has gained 57.92% in value over the past 7 days, reaching $12.37. The total supply of coins was fixed at $123.73. The digital asset is ranked 66th in the ranking of the most successful crypto projects from the DeFi sector.
The third position in the rating of analysts went to Oasis Network. The ROSE decentralized platform token has risen in price by 55.4% over the past week. Its rate is $0.085. During this period, the market capitalization of a digital startup has grown to a value of $427.90 million.
Experts separately noted that another DeFi-cryptocurrency showed good profitability – Numeraire has risen in price by 46.71% over the week. The NMR rate was $23.61, and the capitalization was $139.3 million.