This report covers the period 14th - 20th November 2021. Best Performing Staking Coins - Weekly Summary. Enjoy!
Hi, Insight Readers. Altcoins were moving upwards at an accelerated rate and reached new all-time high prices regardless of Bitcoin’s recent downturn. Proof-of-Stake coins remain bullish and have a solid potential to be extraordinary.
The top assets of the week gave higher earnings between +206% and +8%. These percentages doubled compared to the previous week’s standing.
ROSE, the native token of Oasis Network, led the way up by +206.61%. We’ll briefly discuss the two reasons for the sudden rise of status.
First, on November 18, the Oasis Network had 1.5 billion more tokens added in the circulation, which doubled Oasis's current supply to 3.4 billion, as seen on coinmarketcap.com. This prompted the increase of market capital of ROSE.
Second, a tweet announcement was issued.
“Oasis is excited to be working with MetaAI, formerly Facebook AI, on a fascinating application of secure computing technologies in AI”.
-Oasis Labs (@OasisLabs) November 18, 2021
This brings a strong level of optimism towards the project. More information will be released early next year.
The prominent performer, ROSE, is the only recurring asset seen in the Top 10 list for two weeks in a row.
Next coins far behind ROSE are: Energi (NRG) with +33.92%, and Crypto.com Coin (CRO) with +32.10%.
List of top 10 staking interest earning coins that are available on MyCointainer Platform can be found below:
Top 10 Performing Staking Coins this week:
- Oasis Network (ROSE) + 206.61 %
- Energi (NRG) + 33.92 %
- Crypto.com Coin (CRO) + 32.10 %
- Avalanche (AVAX) + 31.83 %
- Kava.io (KAVA) + 30.51 %
- Elrond (EGLD) + 22.66 %
- Stakenet (XSN) + 17.37 %
- Loom Network (LOOM) + 14.26 %
- Tomochain (TOMO) + 8.35 %
- Divi (DIVI) + 8.28 %
Interest earned on those 10 top staking coins this week:
- Oasis Network (ROSE) + 1 ROSE
- Energi (NRG) + 0.15 NRG
- Crypto.com Coin (CRO) + 0.14 CRO
- Avalanche (AVAX) + 0.0025 AVAX
- Kava.io (KAVA) + 0.030 KAVA
- Elrond (EGLD) + 0.000059 EGLD
- Stakenet (XSN) + 1 XSN
- Loom Network (LOOM) + 3 LOOM
- Tomochain (TOMO) + 0.09 TOMO
- Divi (DIVI) +10 DIVI
5 coins that positioned themselves just outside of the top 10 are: FYDcoin (FYD), Syscoin (SYS), Flow (FLOW), Neutrino USD (USDN), and Horizen (ZEN).
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Happy staking everyone.