TOP / FLOP in week 5

Here is finally a crypto ranking that is good for morale! If we look at the development of the 50 largest cryptos over the last 7 days, we see a very large majority of cryptos in green. Also, this week we only have one “flop” and that is far from sensational! Experience the week’s 3 top / flop.

Top 1: GALA (GALA)

Metaverse games have been on the rise for several months, bringing cryptocurrencies like Decentraland or The Sandbox to the fore. But this week’s best performance comes from a new metaverse crypto that lands in the top 50: GALA.

To be precise, GALA returns to the top 20. In fact, the crypto had ended the year 2021 with a bang as the 47th crypto in the world. During 2021, the GALA award has seen a dramatic increase of + 48.097%, simply the best performance of the top 50.

We can say that GALA then felt bad at the beginning of 2022 with a serious decline. Today, the GALA price is trading around $ 0.32, an increase of 65% over the last 7 days.

The GALA token operates the platform of the same name created in 2019. The platform offers its users several metaverse games, the best known of which is Town Star. Game users can also take an active part in deciding which games to develop and fund.

Top 2: UNUS SED LEO (LEO)

The UNUS SED LEO token is the original token on the Bitfinex platform. We could compare it to the BNB token for the Binance platform.

LEO had a great week on the upside. At the time of writing, the price of LEO is $ 4.57, an increase of 31% in the last 7 days. But the token did even better during the week. A new all-time high was reached on Wednesday, February 2, with an ATH price of $ 5.48.

While LEO was placed in the top 50 only 3 weeks ago (47th), it is now at 35th space with a capitalization of $ 4.3 billion.

Top 3: NEAR Protocol (NEAR)

Let’s end the week’s top 3 with our usual! NEAR Protocol has managed to be a part of our weekly leaderboard since the creation of this section in week 2! After being Top 1, Flop 1 and Flop 3, it’s here today in the Top 3!

The price of NEAR hovers around $ 13.74 today, a 26% increase from last week. This progression gives him only one place in the world rankings. The NEAR crypto today is the 22ndth the world’s largest crypto with $ 8.6 billion in capitalization. The price of NEAR is currently 32% below its ATH of $ 20.42 reached on January 16, 2022.

Flop 1: Klaytn (KLAY)

This week, the crypto Klaytn (KLAY) is among the flops with a slightly lower price during the week. But what is Klaytn crypto? This crypto is very well known in South Korea. The protocol is owned by Kakao, the message giant in South Korea. The project’s ICO took place in December 2018 and raised $ 90 million.

The platform is called Klaytn and its original token is KLAY. The goal of the platform is to promote the adoption of blockchain technology by different actors: individuals, professionals, start-ups, etc. Basically, Klaytn is a platform that allows users to develop applications in different areas. These applications can be related to games, art, crypto exchange, etc.

Currently, the Klaytn crypto price is $ 1.18. It has fallen 2% over the last 7 days. With a capital value of $ 3.1 billion, the Klaytn coin is the 45thth global crypto.

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