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5 Top Yielding Cryptocurrencies in June

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In the cryptocurrency industry, there is more competition every day, and innovation does not stop. However, it should be noted the accelerated growth of some cryptocurrencies evaluating which have been the ones with the highest performance recently.

According to CoinMarketCap ranking, among the main winners of the last seven days we have Molecular Future (MOF), Codeo Token (CODEO), MESEFA (SEFA), MINDOL (MIN), DOS Network (DOS).

Especially what we can see is that this CoinMarketCap list takes into account cryptocurrencies where the volume (24h) is at least US $ 50,000. In this way, the aforementioned cryptocurrencies are the ones that have emerged and increased their trading volume by more than 200%.

June performance: top performing cryptocurrencies

We know that in the case of Bitcoin, June was a fairly stable month, where most of the time there were only slight swings. In the last 24 hours, the one that has changed the most considerably is ETH, increasing by 0.88%. Meanwhile, XRP fell 0.49%.

Monthly graph of the price of Bitcoin, which positions it as the best-performing cryptocurrency in the month of June. Source: CoinMarketCap
Monthly graph of the price of Bitcoin, which positions it as the leader among the top-performing cryptocurrencies in the month of June. Source: CoinMarketCap

However, despite talking about cryptocurrencies with the largest market capitalization, the performance or drastic increase in sales volume is seen in relatively new cryptocurrencies.

The one leading the list is Molecular Future, a Chinese-born digital asset supported by HBCC Investment, XBTING Foundation, among other companies. According to CoinMarketCap, it has increased its volume and performance by 574.99%.

Since June 25 it has had a considerable increase in price, which translates into an increase from US $ 0.05 to US $ 0.48.

Next, we have CODEO. This cryptocurrency was designed as a long-term sustainable digital transaction instrument. In one week its performance has increased by 373.41%.

Then we can find MESEFA that only in 24 hours has its price increased by 27.17%. In terms of volume and performance, it has risen by 266.44%.

Graph of the price of MESEFA during the month of June, positioning it as the third big winner in recent days in terms of higher performance. Source: CoinMarketCap
Graph of the price of MESEFA during the month of June, positioning it as the third big winner in recent days in terms of higher performance. Source: CoinMarketCap

To complete this top 5: we evaluate the performance of MINDOL and DOS

In the ranking of the winning cryptocurrencies due to increased volume and performance, we have MINDOL and DOS in fourth and fifth place respectively.

The project MINDOL It aims to support content creation in anime, film, games, manga, and music. The intention is to allow content creators to monetize their work using the MINDOL token.

So seeing the rise of this cryptocurrency for much of 2020 is not surprising.

In a more recent time frame, its performance has increased by 201.02%. This has happened even though its price has decreased considerably with respect to May as indicated in the following graph.

MINDOL annual chart. Source: CoinMarketCap
MINDOL annual chart. Source: CoinMarketCap

Finally the network TWO it describes itself as a decentralized service that supports multiple heterogeneous Blockchains. Its cryptocurrency has featured a remarkable volume and performance increase.

Specifically, we are talking about an improvement of 170.58%, which makes it the fifth place in this list of “winning cryptocurrencies”, in terms of volume, for the last part of June. In the last 24 hours alone, DOS has increased in price by 57.93%.

General considerations

June was a month in which there was talk of a kind of correlation between the stock market and that of cryptocurrencies. However, this has arisen in the presence of COVID-19 and the repercussions it has had on the global economy.

However, this rule does not apply to all types of digital assets. The top mentioned here has somewhat defied the expectations of many about the cryptocurrency industry.

In terms of cryptocurrencies with higher performance, the top is always changing, but what is evident is that there is increasing diversity and competition within this industry.



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