RLB, ORDI | Crypto Gainers and Losers | May 20, 2023

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In this article, we will be looking at the top five gainers and losers of the week, providing a brief description of each cryptocurrency and its performance. All data is accurate as of May 19, 2023, on Coingecko.

The Big News: 

  1. Axie Infinity Now on Apple App Store; Sky Mavis Launches New NFT Marketplace
  2. Binance Introduces Binance Sensei, a Web3-Focused AI Chatbot 
  3. Binance to Add Bitcoin Ordinals on NFT Marketplace

Top 5 Crypto Gainers of the Week

Rollbit Coin (RLB)

What is it: The native token that acts as entry tickets that give holders the chance to win a share of the Rollbit lottery’s profits. There was no ICO for RLB. Instead, Rollbit have airdropped RLB for free to existing users of it’s casino and trading platform, Rollbit.com

Current price: $0.03736394

Price change in the past 7 days: +111.7%

Market cap: $123,132,204

Trading volume: $1,075,503

Latest News: Solana-based Rollbit Coin faces scrutiny over crypto influencer promotion tactics 

ORDI (ORDI)

What is it: A cryptocurrency that runs on the Bitcoin protocol and presents information such as text and images as NFTs and tokens. It is the first cryptocurrency developed in the BRC-20 format on the Bitcoin network.

Current price: $12.335

Price change in the past 7 days: +55.0%

Market cap: $256,877,243

Trading volume: $31,352,690

Latest News: Bitcoin BRC-20 Tokens Near $1 Billion Market Cap as Exchanges List ORDI 

Wilder World (WILD)

What is it: The native token of Wilder World, a photo-realistic new Metaverse and NFT marketplace guided by its own artist guild. The project has also been busy rolling out its own custom designed NFT collections, made in collaboration with some of the biggest artists in both the real and digital space.

Current price: $0.3510610

Price change in the past 7 days: +46.1%

Market cap: $87,789,766

Trading volume: $1,211,023

Latest News: Wilder World Metaverse partners with Ledger to build a Ledger Loft in Wiami 

Render (RNDR)

What is it: Render Network is the provider of decentralized GPU based rendering solutions, revolutionizing the digital creation process.

Current price: $2.44

Price change in the past 7 days: +42.6%

Market cap: $885,492,191

Trading volume: $190,367,956

Latest News: Render Price Prediction as RNDR Blasts Up 20% – Will the Launch of Apple’s VR Headset Boost Metaverse Tokens?

WEMIX (WEMIX)

What is it: The native token of the Wemix blockchain, a platform that offers blockchain-based games.

Current price: $0.884227

Price change in the past 7 days: +38.0%

Market cap: $222,397,773

Trading volume: $2,227,417

Latest News: Three global companies agree to support the WEMIX PLAY ecosystem

Top 5 Crypto Losers of the Week

Evmos (EVMOS)

What is it: The utility token of Evmos,a proof-of-stake blockchain that is scalable, has a high throughput, and is fully compatible and interoperable with Ethereum. It was built with the Cosmos SDK, which runs on top of the Tendermint Core consensus engine.

Current price: $0.171181

Price change in the past 7 days: -16.0%

Market cap: $86,406,324

Trading volume: $776,530

Latest News: Evox Therapeutics Granted Key US Exosome Purification Patent to Further Expand Its Leading Patent Portfolio 

Kaspa (KAS)

What is it: The native token of Kaspa, a proof-of-work cryptocurrency that implements the GHOSTDAG protocol. It is a community project that is completely open source with no central governance and follows the ethos of coins like Bitcoin, Litecoin, or Monero.

Current price: $0.01631831

Price change in the past 7 Days: -14.4%

Market cap: $295,857,209

Trading volume: $7,235,619

Latest News: Mining Kaspa in 2023: An Overview

CANTO (CANTO)

What is it: The native utility token Canto, a permissionless, layer-1 blockchain that runs the Ethereum Virtual Machine. It is part of the Cosmos network of blockchains, apps, and services, and it offers a native stablecoin called NOTE.

Current price: $0.184388

Price change in the past 7 Days: -12.8%

Market cap: $90,349,942

Trading volume: $6,241,484

Latest News: Canto Blockchain Set for Vote on Reduction in Liquidity Incentives, Block Rewards 

Axelar (AXL)

What is it: The utility token of Axelar, a Turing-complete interchain network—a programmable interoperability layer. Axelar Virtual Machine supports logic to automate complex interchain tasks, such as connecting new chains or managing interchain dApp deployments.

Current price: $0.478234

Price change in the past 7 Days: -11.9%

Market cap: $125,910,032

Trading volume: $2,976,860

Latest News: Axelar Introduces Virtual Machine for Developers Building Cross-Chain Crypto Apps 

UMA (UMA)

What is it: The token that provides economic guarantees to the Optimistic Oracle. The community of tokenholders provides the human component, as voters, for the OO’s final resolution on disputes or queries. Those who vote with the majority earn rewards.

Current price: $2.18

Price change in the past 7 Days: -8.0%

Market cap: $154,810,536

Trading volume: $15,290,122

Latest News: UMA (UMA) Confirms that Two More Daos Will Announce Their Adoption of Osnap This Week

This article is published on BitPinas: RLB, ORDI | Crypto Gainers and Losers | May 20, 2023

Disclaimer: BitPinas articles and its external content are not financial advice. The team serves to deliver independent, unbiased news to provide information for Philippine-crypto and beyond.

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