It was a pretty average past week for the crypto market with Bitcoin (BTC) going down by -3%, however some coins did tread water APE, HARD, JASMY, STEEM, OM, TCT, FIO, KAVA, CRV, CAKE in the green.
Let’s take a closer look at last weeks top crypto performers.
1. ApeCoin (APE) +38.37%
ApeCoin is an ERC-20 governance and utility token used within the APE Ecosystem to empower and incentivize a decentralized community building at the forefront of web3.
ApeCoin holders govern themselves via the decentralized governance framework controlling the ApeCoin DAO, and vote on how the ApeCoin DAO Ecosystem Fund should be used. The APE…
2. Kava Lend (HARD) +34.81%
HARD Protocol is a decentralized money market built on Kava, enabling the lending and borrowing of cross-chain assets. HARD Protocol supports supply-side deposits for BTC, XRP, BNB, BUSD, and USDX. The platform will allow overcollateralized borrowing for supported assets.
3. JasmyCoin (JASMY) +29.92%
JasmyCoin is based on the ERC 20 standard. The token can also be used by an unspecified number of individuals and businesses to transfer tokens using digital devices as proof of value exchange or payment for services. By not limiting its usability, the token can have a wide range of purposes.
4. Steem (STEEM) +27.85%
Steem is a cryptocurrency that rewards users for community building by posting and upvoting valuable content for others. Steem was inspired from the success of Reddit where the community helped enrich the shareholders. Steem aims to help distribute the rewards to the community members who help create the community in the first place. Steem aims to…
5. MANTRA DAO (OM) +26.56%
MANTRA DAO is a decentralized finance platform with a specific focus on staking, lending and decentralized governance. The project is being built on the blockchain RioChain and will be connected with Polkadot. It is intended to act as an ecosystem for Web 3.0.
6. TokenClub (TCT) +20.30%
TokenClub is a blockchain based cryptocurrency investment platform, which provides investors with professional cryptocurrency market information, investment consulting & strategies and other comprehensive services.
7. FIO Protocol (FIO) +18.66%
FIO Protocol is a decentralized usability layer for the entire blockchain ecosystem that is integrated into existing crypto products such as wallets, exchanges and crypto payment processors.
8. Kava (KAVA) +15.55%
Kava is a DeFi platform that offers collaterized loans and stablecoins built with the Cosmos SDK. It aims to be cross-chain enabled bringing stablecoins to major crypto ecosystems such as BTC, BNB, ATOM and more.
KAVA token will act as a governance and staking token to secure the network and vote on key upgrades.
USDX token will be issued as a…
9. Curve DAO Token (CRV) +15.16%
Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity.
Launched in January 2020, Curve is now synonymous with the decentralized finance (DeFi) phenomenon, and has seen significant growth in the second half of 2020.
In August, Curve launched a decentralized autonomous organization…
10. PancakeSwap (CAKE) +14.83%
PancakeSwap is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. PancakeSwap uses an automated market maker (AMM) model where users trade against a liquidity pool. Such pools are filled with users’ funds. They deposit them into the pool, receiving liquidity provider (or LP) tokens in return. They can use those tokens to…
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