Week 24: Theta (THETA) and Polygon (MATIC) are the top 20 performing cryptos of the week.
Yet another week which sees most crypto prices end in the red … Top 20 cryptos are not immune to the crisis. The losses are even up to -25% over the last 7 days. Over the same period, only 2 cryptos in the world's top 20 keep their heads above water: Theta and Polygon.
Le Theta won the gold medal this week. The Theta ecosystem aims to develop bandwidth sharing for video streaming. Crypto Theta regularly finds its place on our weekly podium. Over the past 14 weeks, this is the 5th time that Theta has placed in the top three of the best performing cryptos.
During the last 7 days, the price of Theta has increased by more than 10%. Theta is currently the 15th largest crypto in the world in terms of capitalization.
The Theta network continues to grow at high speed. The other corner of the Theta ecosystem, the Tetha Fuel (TFUEL), is ranked at the 32nd position of global cryptos. The TFUEL also posted good performances: nearly + 21% over the last 7 days.
The Polygon takes second place in the ranking of the week. The Matic token displays a slight 3% increase over the last 7 days. If the increase is not meteoric, it is however significantly better than the performance of Ethereum over this period: more than 8% decrease!
As a reminder, the Polygon network is a second layer solution that aims to unclog the Ethereum blockchain. Today 17th crypto in the world, the Polygon remains among the best growing cryptos. The Matic course has increased by 240% over the last 90 days.