This report covers the period 28th November - 4th December 2021. Best Performing Staking Coins - Weekly Summary. Enjoy!
Hi, Insight Readers. Cryptocurrencies continued to rise and fall. This is the behavior we need to accept as the crypto market experiences volatility. A factor that contributes to the downtrend is the government’s regulatory restrictions of using digital assets and other crypto-related transactions.
As Bitcoin and Ether’s prices slide, various cryptocurrencies are often moving in tandem. Yet the Proof-of-Stake coins are proving otherwise. This week assets available for staking on MyCointainer platform earned more up to 79%.
The best performing staking coin of the week is FSN, the native token of Fusion protocol. In the recent blockchain upgrade, the project achieved over 500,000 transactions in just an hour. Equivalent to 2,000 transactions per block. It has grown 5x more scalable.
In a nutshell, Fusion is a decentralized and open-source blockchain that serves as a platform allowing users to exchange cryptocurrencies and stable coins eliminating the need for exchange platforms.
Following the success of FSN, Bitcoin PoS (BPS) and Nuls (NULS) made it in the list’s higher ranking. BPS having 55.10% gain, and NULS with +49.85%.
Divi perpetually seen in the Top 10 for three weeks in a row. Polygon, on the other hand, was identified to be in the list for its second week.
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:
- Fusion (FSN) + 79.44 %
- Bitcoin PoS (BPS) + 55.10 %
- Nuls (NULS) + 49.85 %
- Divi (DIVI) + 37.43 %
- Tron (TRX) + 30.00 %
- Polygon (MATIC) + 19.94 %
- Stakenet (XSN) + 19.42 %
- Neblio (NEBL) + 18.97 %
- Presearch (PRE) + 8.90 %
- Cosmos (ATOM) + 2.84 %
Interest earned on those 10 top staking coins this week:
- Fusion (FSN) + 0.57 FSN
- Bitcoin PoS (BPS) + 16 BPS
- Nuls (NULS) + 0.51 NULS
- Divi (DIVI) + 9 DIVI
- Tron (TRX) + 0.81 TRX
- Polygon (MATIC) + 0.16 MATIC
- Stakenet (XSN) + 1 XSN
- Neblio (NEBL) + 0.16 NEBL
- Presearch (PRE) + 2 PRE
- Cosmos (ATOM) + 0.0065 ATOM
5 coins that positioned themselves just outside of the top 10 are: Solana (SOL), Neutrino USD (USDN), Algorand (ALGO), Ethereum 2.0 (ETH2), and Syscoin (SYS).
Similar to other projects, MyCointainer is constantly developing ways to improve the financial services offered, the availability of well-known PoS coins, build partnerships, and many more innovations.
We value your support and we will do the best of our tech abilities to give one-of-a-kind staking platform.
Happy investing everyone.