This report covers the period 9th - 15th May 2021. Best Performing Staking Coins - Weekly Summary. Enjoy!
The crypto industry was shaken up a couple of days ago when Elon Musk tweeted the impact of Bitcoin on the environment, which induced the cryptocurrencies drawn into a dip. Luckily, Proof-of-Stake coins are considered more environmentally sustainable and assets under this consensus mechanism are still hitting an ATH. Continue reading our Top 10 best performing assets and check out the "greener crypto alternative" to BTC.
The top performing coins are showing a mixture of gains and losses. This week, 8 out of 10 top assets recorded gains. Earning spread of +95.92% to 1.28%, and losses of -1.13% to -1.82% on the Top 10 list.
Polygon (MATIC) surpassed other coins by earning +95.92% over the 7-day period. MATIC’s current market cap (as of 15th May) is €8B and a market price of €1.32.
Cardano (ADA) increased by +22.96% over the previous week. Overall, ADA’s current CoinMarketCap ranking is #4, with a market cap of €57B. This popular asset among others remains strong and evidently seen having a massive growth.
ADA is the only PoS coin on this list to maintain a spot on the Top 10 weekly roundup for two weeks in a row.
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:
- Polygon (MATIC) + 95.92 %
- Cardano (ADA) + 22.96 %
- Harmony (ONE) + 21.98 %
- Kusama (KSM) + 21.07 %
- Neutrino USD (USDN) + 11.41 %
- Polkadot (DOT) + 8.36 %
- Synthetix (SNX) + 8.17 %
- Defi Yield Protocol (DYP) + 1.28 %
- Waves (WAVES) - 1.13 %
- Solana (SOL) - 1.82 %
Interest earned on those 10 top staking coins this week:
- Polygon (MATIC) + 0.32 MATIC
- Cardano (ADA) + 0.069 ADA
- Harmony (ONE) + 2 ONE
- Kusama (KSM) + 0.00062 KSM
- Neutrino USD (USDN) + 0.31 USDN
- Polkadot (DOT) + 0.0022 DOT
- Synthetix (SNX) + 0.022 SNX
- Defi Yield Protocol (DYP) + 0.070 DYP
- Waves (WAVES) + 0.0036 WAVES
- Solana (SOL) + 0.0051 SOL
5 coins that positioned themselves just outside of the top 10 are: Divi (DIVI), Livepeer (LPT), Validity (VAL), Ethereum 2.0 (ETH2), and Algorand (ALGO).
Good news! MyCointainer has enabled cold staking and delegation on certain Proof-of-Stake coins. Earn the same rate of return and with added benefits while having your assets remain in your sole custody.
Our ongoing event is entitled “5000 ONE Bonus Rewards by MyCointainer | May Edition”. Delegate or deposit any amount of ONE and receive a reward proportionate to your contribution. Of course, the higher the deposit/delegation, the higher the reward. Not to mention, ONE is included in our weekly Top 10, too.
Happy staking everyone.
