• Cryptocurrency markets have shown double-digit gains during the last two weeks, with bitcoin and ethereum both performing well.
• Decentraland’s MANA token has outperformed a number of top ten coins, with a 88.02% increase in one week and 131.8% in two weeks.
• Frax Share and FTX Token have also seen significant growth this week, with 81.69% and 62.82% increases respectively.
The cryptocurrency market is in a good place following the third week of the new year. The market is currently valued at $993.17 billion, with many digital assets seeing double-digit gains in the last two weeks. Bitcoin (BTC) and Ethereum (ETH) have both performed well by rising 23.29% and 18.39%, respectively, against the U.S. dollar in seven days. However, a few digital currencies have outperformed the top ten coins in terms of gains.
Decentraland’s MANA token is at the top of the leaderboard in terms of gains, with a 88.02% increase in one week and 131.8% in two weeks. Despite these impressive gains, MANA is still down 87% from its all-time high on Nov. 25, 2021. Frax Share (FXS) is the second-leading cryptocurrency this week, having gained 81.69% against the U.S. dollar in seven days. In the last 14 days, FXS has increased by 111%. Lastly, the FTX Token (FTT) has seen significant growth this week, with a 62.82% increase against the U.S. dollar.
The cryptocurrency market is looking very positive for the new year, with many digital assets seeing impressive gains. Decentraland’s MANA token has been particularly successful, with a 88.02% increase in one week and 131.8% in two weeks. Frax Share and FTX Token have also seen significant growth this week, with 81.69% and 62.82% increases respectively. Therefore, as the cryptocurrency market continues to show promise in the new year, Decentraland’s MANA token and other digital currencies are likely to remain profitable investments.