TON and RUNE Shine as Top Cryptocurrencies of the Week
Date: 2023-09-18 Author: Dima Zakharov Categories: BLOCKCHAIN, CRYPTO PAYMENTS
Toncoin's Soaring Value
As of the morning of September 18, 2023, Toncoin (TON) stood at an impressive $2.34. This marked a 37.3% increase, despite the asset's 3.75% drop in the past 24 hours. Notably, over the course of a month, Toncoin's price has skyrocketed by 79.6%. This surge is attributed to the news of Toncoin's integration into the popular messaging platform Telegram. The total market capitalization reached a staggering $8.02 billion, with weekly TON trading volumes surpassing $228.14 billion.
RUNE's Modest But Significant Gain
Another cryptocurrency, THORChain (RUNE), experienced a more modest yet noteworthy increase in value, with its quotes surging by 23.3% over the same seven-day period. THORChain was available for purchase at $1.87, and its total supply was recorded at $627.44 million. Traders conducted transactions with this digital currency amounting to $648.14 million in just one week.
Disappointments in the Crypto World
However, the past seven days also saw cryptocurrencies that left their holders disappointed. For example, Astar (ASTR) experienced a 15.4% decrease in value during this time period.
Its price plummeted to $0.05, causing it to drop to the 99th position in terms of market capitalization, which amounted to only $268.45 million. Weekly trading volumes stood at $75.28 million, with the cryptocurrency trading at an 85% discount from its historical price peak.
