With the crypto money market entering a bear period, there are sharp decreases in many crypto assets, especially Bitcoin (BTC) and Ethereum (ETH). On the other hand, it is possible to see an increase in some coins.
In addition to these sharp declines, there are some coins among cryptocurrencies that almost defy these market dynamics. We have compiled the most rising cryptocurrencies according to CoinGecko data in the last week for you.
Rising Coins of the Week
We have compiled the cryptocurrencies that are among the most rising according to CoinGecko data in the last week.
TerraClassicUSDT (USTC)
After one of the events in the Terra collapse, USTC lost its peg against the dollar, it has increased by about 72 percent in the last week, with the emergence and interest of USTC recovery plans, which fell to almost zero.
As we can see on the chart, USTC has tried and broken the $0.0455 band, which is one of the resistances. It is currently trading above the support level.
Huobi Token (HT)
Huobi Token (HT), which we have compiled recently, has taken its place in the list of the rising of the week. The ascent began after a fresh capital raise and a sale by the firm’s founder announced to its global advisory board that it would advance a new strategy.
Huobi Token (HT) has gained about 30 percent in the last week, according to CoinGecko data.
Quant Network (QNT)
Thousands of participants, including Quant Network executives, will be hosted at the Sibop conference hosted by SWIFT, which recently presented CBDC ideas. It is expected that there will be changes in the QNT price after what will be discussed at the conference on October 13.
QNT recently broke a strong $150.5 resistance level. Consolidation above this level has put QNT in an upside search and is trading at $157 at the time of writing.
QNT has gained about 12 percent in the last week, according to CoinGecko data.
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