Huobi Token (HT) has been doing well over the last few days, and other cryptos seem to be caught up in the aftermath of FTX’s collapse. It sits at number one as the weekly winner thus far- with significant growth of almost 48% from last week. Similarly, ApeCoin (APE) ranks second among weekly winners, with a considerable growth rate.
According to the data from CoinMarketcap, the weekly price change is from the low of $4.69 on November 21st to the high of $7.32 on November 27th. Huobi token is currently trading at $6.34, with a loss of about 11.01% in the last 24 hours. However, its 24 hours trading volume displays a notable gain of approximately 82.80%.
The launch of the 1,000,000 $USDT and limited-edition NFTs shared for the Huobi community by PrimeBox x CryptoSoccer on November 23rd, which is available through November 30th, is one of the factors fueling the Huobi token’s price increase.
Following that is the ERC-20 governance and utility token ApeCoin (APE), which is currently trading at $3.81 and has had a weekly price change of $2.86 to $3.94. The token has seen a gain of around 26.44% over the last seven days, as well as a gain of 1.25% during the past 24 hours.
One of the reasons for the increase is the announcement that the community-led DAO comprised of ApeCoin holders has started its own marketplace to purchase and sell NFTs from the Yuga Labs ecosystem.
The NFT infrastructure company Snag Solutions created the aptly called ApeCoin Marketplace, which allows transactions of the BAYC, Mutant Ape Yacht Club, Bored Ape Kennel Club, and Otherdeed NFT collections. It was released on November 24th.
LINK & DOGE Ranks In Weekly Gainers List Following Huobi
As per Coinmarketcap’s data, the token’s price is currently at $0.09502, with a gain of over 25.39% in the last seven days. Additionally, its 24 hours trading volume shows an incredible growth of about 109.86%.
As the token advanced for a second straight session, Dogecoin (DOGE) soared to a three-week high to kick off the week. On Saturday, DOGE surged to an intraday high of $0.09474 after hitting a low of $0.08695 on Friday. This increase in value had brought the token’s price to its highest level since November 8th, when it reached a high of $0.1125.
After that comes, Chainlink (LINK), which has increased by approximately 19% over the past week, is presently down by around 5% over the last 24 hours and is trading at $6.81. The weekly price increase is from $5.58 to $7.25 as well.
Data from Lunar Crush suggests that this growth might be due to LINK, which has seen an increase in social mentions. In comparison to the seven-day average, the network saw a 586% increase in mentions per hour to over 3,000.
It’s possible that the debate around LINK was influenced by the upcoming staking function that Chainlink is about to launch. Price increases for LINK may be a result of the continual agreements and integrations Chainlink has been forming.
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