It is a type of currency called the cription.
Barcroft Media is a media company.
There are more than a thousand other coins.
These alternative cryptocurrencies can deliver huge losses to investors in a short period of time.
The five best performing cryptocurrencies over the past week are listed.
A new variant of COVID-19 caused the price of Bitcoin to fall more than 20% from its record high. The other cryptocurrencies are doing well.
There are more than 14,700 cryptocurrencies in existence and counting, more than triple the number of US exchange-listed stocks. It's nearly impossible to keep track of all the big players in the sector outside of the well known coins.
A recent rally in bitcoin has helped catapult the sector to a near-$3 trillion market valuation. The rise is being driven by smaller coins that have seen huge increases this year.
These alternative cryptocurrencies can deliver huge losses to investors in a short period of time. Despite being up millions of percentage points year-to-date, Shiba inu is down 40% from its recent high. The squid game token fell 99% in a single day.
Keeping an eye on the weekly winners can help investors identify which coins are gaining traction.
The five best performing cryptocurrencies with a market value of more than $1 billion over the past week, despite a decline in ether and bitcoin, according to data from CoinMarketCap.
5. There is a coin called the.com coin.
The symbol is CRO.
The market value is $17.4 billion.
The 7-Day Performance was 33.3%.
The coin market cap.
4. The basic attention token.
The BAT market value is $2.2 billion.
The 7-Day Performance was 36.5%.
The coin market cap.
3. Zcash.
The ZEC market value is $3.3 billion.
The 7-Day performance was 59.5%.
The coin market cap.
2. There is a place called The Sandbox.
The SAND market value is $6.3 billion.
The 7-Day Performance was 67.2%.
The coin market cap.
1. Gala.
The market value of the GALA is $5 billion.
The 7-Day performance was 216.8%.
The coin market cap.
Business Insider has an original article.