RNDR Emerges as the Top Performing Cryptocurrency of the Week

Last week, the cryptocurrency community closely monitored the growth statistics of leading digital coins and tokens. Render Token (RNDR) emerged as one of the top 100 performers, experiencing a significant surge of 29.45% in prices during the reporting period.

As of May 22, 2023, at 11:00 Moscow time, RNDR was trading at an average price of $2.4, surpassing its competitors in terms of profitability for asset holders.

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With a market capitalization of $878.87 million, RNDR solidified its position as the 52nd-best cryptocurrency globally. In the past day alone, its market capitalization increased by 1.1%. Over the course of the week, traders conducted trades worth a total of $2.63 billion in Render Token. Despite the substantial price movement, it still traded at 73% below its peak value.

Synthetix (SNX) followed suit, recording a 12.9% increase in its rate during the reporting period. This allowed investors to purchase the virtual asset for $2.38. With a market capitalization of $616.04 million, Synthetix held the 66th position in the global cryptocurrency ranking.

Traders conducted trades worth $133.69 million in the past seven days. The cryptocurrency was trading 92% cheaper than its historical price high.

Securing the honorable third place in the list of the most profitable cryptocurrencies for the week was Mask Network (MASK), which successfully returned to the top 100. MASK ranked 98th with a market capitalization of $348.3 million.

The average price of the MASK token on exchanges stood at $4.35, marking a 12.5% increase over the past seven days. Trading volumes for the reporting period reached $911.98 million. The price of the cryptocurrency remained 96% below its all-time high.

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