It’s been a relatively stable week in cryptocurrency with nothing major shaking up the market one way or another. Still, there have been some exciting price changes over the past day that could present new investment opportunities for cautious investors. Let’s take a look.
But before we get to the highlights, remember the information here is for educational purposes only. It isn’t intended as trading advice, so make sure to do your own research before making any financial decisions.
Top coins with positive 24-hour price changes
Tezos (XZT) +21.84%
Tezos’ XTZ token has continued to grow over a 7-day period, starting out at $0.453511 and reaching a high of $0.595511. Over the past 24 hours, XZT’s value has increased by 21.84% and shows no signs of slowing down in the immediate future.
GXChain (GXS) +14.03%
Over the past 7 days, GXS’ price has gone from $0.899109 to $1.10, reaching a high of $1.12. The Baas token’s value continues to grow, leaving many analysts feeling positive about its performance over the next week.
Huobi Token (HT) +12.97%
In light of Huobi’s announcement of a premium coin offering service, the HT token benefitted from a sharp increase in value, reaching a high of $2.41. While things are looking positive for HT, it’s uncertain whether this 24-hour spike is due to recent news or if it’s indicative of Huobi’s long-term success. While holding HT tokens appears to be the smart choice right now, traders interested in buying HT tokens may want to observe changes in the market before making any purchasing decisions.
Project Pai (PAI) +8%
PAI has experienced an erratic week filled with dips and spikes, creating a lot of speculation whether the platform is a solid long-term investment solution. In the past 24 hours, the token spiked at $0.56101 and then dropped to $0.52532 shortly thereafter. Traders looking to buy and sell PAI tokens are cautioned to exercise caution while the cryptocurrency continues to experience price volatility.
Zcash (ZEC) +6.17%
ZEC has enjoyed a stable week, making a steady climb over the past 7 days before experiencing a breakout that took the coin to $61.67, followed by a short dip. Marked by long periods of stability, many analysts believe that Zcash continues to be a safe investment choice that could yield solid gains.
Top coins with negative 24-hour price changes
ABBC (ABBC) -13.22%
ABBC’s week-long bear run caused the coin’s value to drop from $0.399021 to its current price $0.249861. With no immediate signs of improving, traders and investors are advised to exercise caution before buying any ABBC tokens.
Aurora (AOA) -6.06%
AOA’s price has been relatively stable over the past week. While there have been a number of dips and spikes, the coin’s value hasn’t changed dramatically, especially over the past 24 hours. Interested traders and investors may want to closely watch AOA’s progress over the next day, as it may be a good time to buy.
Kin (KIN) -5.44%
Coming off a recent bull run, KIN took a sharp over the past 24 hours, dropping from $0.000075 to $0.000054. With that said, this looks to be a correction, suggesting KIN’s bull run is far from over. This, combined with its low token prices, could make KIN a good long-term investment option.
Insight Chain (INB) -4.31%
INB dropped 4.31% over the past 24 hours, continuing its bear formation with no signs of slowing down. While it’s clear that INB isn’t making any sharp gains in the immediate future, analysts are uncertain about its performance over the next week. For this reason, investors and traders are urged to exercise caution and do their research before buying and selling INB tokens.
Binance Coin (BNB) -4.24%
After a short breakout last week, BNB’s token took a slight dip to $15.26. Following news that Switzerland’s largest retailer, Galaxus, will be accepting BNB as payment, now might be a good time to invest in Binance Coin, especially if you’re looking for long-term gains.
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