This report covers the period 21st - 27th November 2021. Best Performing Staking Coins - Weekly Summary. Enjoy!
Hi, Insight Readers. The crypto market is showing signs of bearish patterns as the leading cryptocurrencies based on market capitalization are losing a portion of their financial value. Regardless whether the market performs rough over a short period of time or longer, the passive investors are still owning and hodling their coins for a far better outlook of the Proof-of-Stake coins and continuously earning rewards.
The Top 10 passive earning coins made sufficient rewards between +18% down to +0.79% over the past 7-days. A matchless and distant standings from the previous week’s earnings.
LPT, the native token of Livepeer, is on everyone's watchlist. This token had been in the spotlight numerous times before and, again, the top performing asset of the week.
Livepeer is a decentralized technology for video transcoding, which is the process of reformatting a video to meet a variety of bandwidths and devices. The goal is to give the best user-experience to end users by ensuring the stream quality fits the bandwidth capabilities.
Right behind LPT, Kyber Network (KNC) is in second place with +18.43%. And in third place, Divi (DIVI) with +17.57%.
Three assets repeatedly seen present in the Top 10 for two succeeding weeks, namely: DIVI, Crypto.com Coin (CRO), and Elrond (EGLD).
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:
- Livepeer (LPT) + 18.48 %
- Kyber Network (KNC) + 18.43 %
- Divi (DIVI) + 17.57 %
- Syscoin (SYS) + 15.74 %
- The Graph (GRT) + 11.51 %
- Cartesi (CTSI) + 9.50 %
- Komodo (KMD) + 7.93 %
- Crypto.com Coin (CRO) + 7.14 %
- Polygon (MATIC) + 1.34 %
- Elrond (EGLD) + 0.79 %
Interest earned on those 10 top staking coins this week:
- Livepeer (LPT) + 0.0090 LPT
- Kyber Network (KNC) + 0.064 KNC
- Divi (DIVI) + 10 DIVI
- Syscoin (SYS) + 0.28 SYS
- The Graph (GRT) + 0.22 GRT
- Cartesi (CTSI) + 0.87 CTSI
- Komodo (KMD) + 0.11 KMD
- Crypto.com Coin (CRO) + 0.11 CRO
- Polygon (MATIC) + 0.15 MATIC
- Elrond (EGLD) + 0.000055 EGLD
5 coins that positioned themselves just outside of the top 10 are: Aion (AION), Essentia (ESS), Fusion (FSN), Presearch (PRE), and PIVX (PIVX).
A new strategic partnership arises together with MyCointainer and Fuse Network. Join our community giveaway for a chance to claim a portion of $10,000 worth of FUSE. Always do the simplest tasks, and don't forget to refer your friends for that extra points.
FUSE campaign #2 is fast approaching. Watch out.
Happy staking everyone.