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Top 10 Cryptocurrencies: Weekly Gains and Losses Revealed

Author: Content Editor
In a recent analysis by Grayscale, the top 10 cryptocurrencies are ranked based on their one-week performance. The breakdown shows the percentage gains or losses for each asset and provides valuable information for investors in the fast-paced crypto economy.

Shiba Inu (SHIB) tops the list with a 14% return, indicating its growing popularity among meme coins. It has a market capitalization of $4 billion.

Cardano (ADA) closely follows with a 12% gain. ADA is expanding in decentralized finance and smart contract use, maintaining an $8 billion market cap.

Dogecoin (DOGE) saw a 9% increase. Known for its meme status, DOGE has a stable $8 billion market cap.

Solana (SOL) posted an 8% gain due to its use in decentralized applications and NFTs. It has a market cap of $9 billion.

Binance Coin (BNB) recorded a 6% rise and remains a critical player in the crypto market, with a $34 billion market cap.

Bitcoin (BTC) rose by 5%, remaining the largest cryptocurrency with a market cap of $505 billion.

Ethereum gained 4% and has a significant role in decentralized applications, supporting its $202 billion market cap.

Tron (TRX) increased by 3% and is known for its high-speed transactions. It holds a market cap of $8 billion.

Two assets faced losses: TON dropped by 4% but still has a market cap of $6 billion, and XRP had a -3% return but maintains a strong market cap of $34 billion.

Grayscale's analysis provides insights into the gains and losses in the crypto market, aiding investors in tracking the market shifts.

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