HomeBlockchainBinance report: REN is the crypto that has risen most in July

Binance report: REN is the crypto that has risen most in July

A Binance report was published yesterday on the general performance in July of the various crypto listed on the platform.

The report includes several sections and charts and, with regard to the main assets by capitalisation order, BTC, ETH, XRP, LTC, BCH, BNB, EOS, XLM, there is a negative trend with an average of -23%.

The section on the top gainers and losers on Binance shows the REN token as the one with the best performance.

Whereas among the top losers, there is Algorand (ALGO) that, despite the introduction of Tether (USDT) on its blockchain, was not able to maintain a high price, remaining at about $0.70.

The Binance report also mentions the new listings that took place on the main platform (CEX), including the Dogecoin (DOGE) cryptocurrency in the first week of July and the GBP stablecoin.

On Binance’s DEX, in July the token Harmony (ONE) was listed, which had been launched through an IEO (Initial Exchange Offer) and which, a few hours after its launch, saw an increase in volumes of around 800%.

Finally, there is also a margin trading section with new assets such as EOS added in July.

Binance’s report concludes by pointing out that in July, bitcoin dominance reached its peak of 64% but that in their view, sooner or later, BTC dominance levels will return to lower values in the range of 50 to 60%.

Alfredo de Candia
Alfredo de Candia
Android developer da oltre 8 anni sul playstore di Google con una decina di app, Alfredo a 21 anni ha scalato il Monte Fuji seguendo il detto "Chi scala il monte Fuji una volta nella vita è un uomo saggio, chi lo scala due volte è un pazzo". Tra le sue app troviamo un dizionario di giapponese, un database di spam e virus, il più completo database sui compleanni di serie Anime e Manga e un database sulle shitcoin. Miner della domenica, Alfredo ha una forte passione per le crypto ed è un fan di EOS.
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