Compiling various metrics to determine which cryptocurrencies are performing better, the LunarCRUSH platform has listed 10 prominent altcoins since last week. AAVE and MATIC were the names that reached the first places…
AAVE and these 9 altcoins close the week at the top
Looking at its performance relative to its competitors, LunarCRUSH compiled 10 prominent altcoins this week. The analytics platform aggregates social and market activity and provides summary data for thousands of cryptocurrencies, NFTs and stocks. According to this week’s report, ETH, LINK and UNI were projects that stood out compared to others. Before going into details, here is the incoming view of the list:
- Ethereum (ETH)
- Chainlink (LINK)
- Uniswap (UNI)
- Monero (XMR)
- Phantom (FTM)
- Polygon (MATIC9
- AAVE (AAVE)
- Bitcoin (BTC)
- Decentraland (MANA)
- Internet Coimputer (ICP)
Below is a list of the top 10 coins by 1-week Avg AltRank™
🥇 $ETH
🥈 $LINK
🥉 $UNI
4⃣ $XMR
5⃣ $FTM
6⃣ $MATIC
7⃣ $AAVE
8⃣ $BTC
9⃣ $MANA
🔟 $ICPWatch these coins closely over the coming week(s) as they are well positioned from a combined social + market activity perspective 👀 pic.twitter.com/EtOMebR7ll
— LunarCrush Social Intelligence (@LunarCrush) December 2, 2022
According to analysis by LunarCrush, Ethereum was the top altcoin project this week by various metrics. The leading altcoin has been managing to stay in trend lately. However, according to CoinMarketCap data, it is slightly decreasing in price. According to LunarCrush data, Ethereum has collected more than 125.96 million social interactions. This week, more than 44.08 thousand shares took place in conversations on social platforms.
In second place is Ethereum-based oracle platform Chainlink (LINK). The LINK price was also down on December 2nd. It moved down around 0.5% during the day. LINK currently has over 3.77 million social interactions. During the week and featured in 2.69 thousand social conversations.
Uniswap (UNI) back in the spotlight after FTX crash
UNI was third on the list this week. In terms of price, it is up 3.5% compared to the last 24 hours. UNI received more than 218.7 million social interactions and 1.54 million social mentions. This was mainly due to the launch of the MFT marketplace aggregator by Uniswap with an airdrop of 5 million USDC.
Uniswap launched an NFT aggregator on its website, five months after acquiring NFT trade aggregator Genie and its founder, Scott Gray, as we reported on Kriptokoin.com. Uniswap’s total volume currently locked is approximately $3.48 billion. With its new aggregator, NFT wants to expand its playing field. With this feature, users will be able to view listings and “global floor” prices in seven different marketplaces. They will also be able to purchase NFTs in bulk in a single transaction and list NFTs for sale on their marketplace.
The rest of the list includes Monero (XMR), Phantom (FTM), Polygon (MATIC), AAVE, Bitcoin (BTC), Decentraland (MANA) and ICP. LunarCrush also asked the community to keep a close eye on these cryptocurrencies in the coming weeks. He noted that these projects are well positioned from the perspective of a combined social and market activity.
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