CHT, ARPA | Crypto Gainers and Losers | May 27, 2023

Share some Bitpinas love:

Subscribe to our newsletter!

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 26, 2023, on Coingecko.

The Big News: 

  1. Financial Stability Board Preparing ‘High-Level’ Recommendations on Regulation of Crypto
  2. New Ledger Recovery Service Faces Backlash from Crypto Community
  3. SEC Issues Advisory vs Gemini Exchange for Selling Unregistered Securities in the Philippines

Top 5 Crypto Gainers of the Week

CyberHarbor (CHT)

What is it: The native token of CyberHarbor, a multi-chain decentralized monitoring network that detects on-chain threats and anomalies in real time by scanning all transactions and block-by-block state changes.

It scores tokens and establishes a clearer security analysis chart through dimensions such as token transaction information, holder information, and short-term security testing.

  • Current price: $4.55
  • Price change in the past 7 days: +107.4%
  • Market cap: $149,384,403
  • Trading volume: $731,650

Latest News: CyberHarbor Releases Stage 4 of Roadmap

ARPA (ARPA)

What is it: The utility token of ARPA Chain, a privacy-preserving blockchain platform that aims to solve the scalability and security issues of existing blockchains. It uses a unique zero-knowledge proof technology to provide privacy for transactions, while still maintaining security.

  • Current price: $0.108203
  • Price change in the past 7 days: +105.9%
  • Market cap: $105,848,786
  • Trading volume: $210,404,602

Latest News: ARPA Network secures investment from DWF Labs to fuel growth of decentralized computing solutions

Krypton DAO (KRD)

What is it: The native token of Krypton DAO, the world’s first-known decentralized community alliance platform that adopts DAO governance. Krypton is a decentralized exchange—which shares a name similar to that of the home planet of a certain “Man of Steel.”

  • Current price: $2.75
  • Price change in the past 7 days: +56.9%
  • Market cap: $280,417,723
  • Trading volume: $51,630

Latest News: Decentralized Exchange Krypton Raises $7M From Framework Ventures, Samsung Next  

SafeMoon (SFM)

What is it: A currency that is known for being resistant to manipulation. SafeMoon is designed to reward long-term holders and charges sellers a 10% fee, with part of that fee going back to existing holders.

  • Current price: $0.00023358
  • Price change in the past 7 days: +53.0%
  • Market cap: $130,597,852
  • Trading volume: $832,175

Latest News: Safemoon hacker returns over $7M from stolen funds

Akash Network (AKT)

What is it: The utility token of Akash Network, a decentralized cloud computing marketplace targeted toward decentralized application (dApp) developers in the decentralized finance (DeFi) space, as well as other high-computing, high-growth fields like machine learning. It uses a “reverse auction” system, where customers submit their desired price and providers compete for the business.

  • Current price: $0.448320
  • Price change in the past 7 days: +46.5%
  • Market cap: $95,985,959
  • Trading volume: $2,683,197

Latest News: Akash discord has been compromised

Top 5 Crypto Losers of the Week

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: $8.13
  • Price change in the past 7 days: -31.6%
  • Market cap: $172,213,911
  • Trading volume: $38,057,481

Latest News: ORDI Price Surges to $15 After OKX Announced ORDI Listing  By CoinEdition 

LUKSO (LYXE)

What is it: The native token of LUKSO blockchain, a neutral base layer, and open technological playground for innovation It provides creators and users with future-proof tools and standards to unleash their creative force in an open interoperable ecosystem.

  • Current price: $10.83
  • Price change in the past 7 Days: -15.6%
  • Market cap: $167,054,098
  • Trading volume: $965,274

Latest News: Inventor of Ethereum’s ERC-20 Token Standard Plans New Blockchain ‘LUKSO’ for Creative Types 

PancakeSwap (CAKE)

What is it: The native utility token of PancakseSwap, a decentralized exchange (DEX) built on an automated market marker (AMM) and run on the BNB chain . It allows users to trade tokens while also offering opportunities to profit from liquidity pools and staking.

  • Current price: $1.55
  • Price change in the past 7 Days: -15.4%
  • Market cap: $314,810,440
  • Trading volume: $46,531,231

Latest News: PancakeSwap v3 Now Live on BNB Chain, Ethereum 

GMX (GMX)

What is it: The governance token of GMX, a decentralized, permissionless perpetual swap and spot exchange. Traders can use it to easily trade cryptocurrency on-chain just by connecting their wallets.

  • Current price: $54.32
  • Price change in the past 7 Days: -12.7%
  • Market cap: $471,992,102
  • Trading volume: $14,175,637

Latest News: Crypto Exchange GMX Proposes Deployment on Coinbase’s Base Blockchain 

GalleryCoin (GLR)

What is it: A token-based cryptocurrency designed to be used in various fields of service related to the art investment platform Canvas N. 

  • Current price: $0.422120
  • Price change in the past 7 Days: -12.2%
  • Market cap: $101,289,627
  • Trading volume: $147,778

Latest News: LBank Exchange Will List GalleryCoin (GLR) on March 9, 2023 (yahoo.com)

This article is published on BitPinas: CHT, ARPA | Crypto Gainers and Losers | May 27, 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.

Share some Bitpinas love:

Recent Jobs at Crypto Companies:

Sonic Digital
Remote
Posted 29 May 2023
Closing on 2 Aug 2023
29 May 2023
Soar Labs
Remote
Posted 29 May 2023
Closing on 1 Aug 2023
29 May 2023
Capital Club
Remote
Posted 29 May 2023
Closing on 31 Jul 2023
29 May 2023
CoinClan
Remote
Posted 29 May 2023
Closing on 30 Jul 2023
29 May 2023

Latest News:

What do you think of this article?

Let us know in the comments below.