This report covers the period 6th - 12th June 2021. Best Performing Staking Coins - Weekly Summary. Enjoy!
Hi, Insight Readers. This week two-thirds of the staking coins on the Top 10 list recorded gains. And the remaining coins are sitting at a loss. The table below shows gains between +30.94 and +1.31%. Meanwhile, the negatives are between -2.98% and -5.46%. These coins are under mid and small market caps, thus outdoing the bigger players.
With a 7-day gain of +30.94%, Tezos (XTZ) holds the title of this week’s best performing staking coin. Tezos has a unique process in its staking mechanism. Users can get involved with the network’s governance through “baking,” where they effectively stake 8,000 XTZ. Bakers get to participate in the decisions concerning the project.
It is being followed by Neblio (NEBL) and Navcoin (NAV) as the second and third placers, respectively. While NEBL gained +26.78% over the past week, NAV is sitting on a weekly gain of +12.44%.
Livepeer (LPT) has been on the list for three 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:
- Tezos (XTZ) + 30.94 %
- Neblio (NEBL) + 26.78 %
- Navcoin (NAV) + 12.44 %
- Neutrino USD (USDN) + 4.40 %
- Avalanche (AVAX) + 3.20 %
- Livepeer (LPT) + 1.31 %
- Algorand (ALGO) - 2.98 %
- Bitcoin PoS (BPS) - 4.12 %
- Kusama (KSM) - 4.61 %
- LTO Network (LTO) - 5.46 %
Interest earned on those 10 top staking coins this week:
- Tezos (XTZ) + 0.042 XTZ
- Neblio (NEBL) + 0.16 NEBL
- Navcoin (NAV) + 1 NAV
- Neutrino USD (USDN) + 0.31 USDN
- Avalanche (AVAX) + 0.017 AVAX
- Livepeer (LPT) + 0.018 LPT
- Algorand (ALGO) + 0.12 ALGO
- Bitcoin PoS (BPS) + 1 BPS
- Kusama (KSM) + 0.00067 KSM
- LTO Network (LTO) + 1 LTO
The search for the most liked coin on Twitter continues. Out of the ten coins we published, find the coin you wish to have zero delegation fee then hit like button. The winning coin will have zero fees for 3 straight months. More passive income for everyone.
Happy staking everyone.