What cryptocurrencies are resisting better market declines?

4 Min Read
4 Min Read

The cryptocurrency market is experiencing a red tide that causes a strong fall as a result of a context filled with geopolitical tensions.

Cryptonoticias reports that there are moments of extreme tension in the Middle East Following the war conflict as the main character Iran and Israel. In this type of event, financial markets react with uncertainty, including Bitcoin (BTC) and cryptocurrency.

In these contexts, investors are believed to be seeking the risk of evacuating to financial instruments such as treasured debt, which are usually produced lower returns, but are not exposed to market volatility.

As a result, most cryptocurrencies in the top 100 market capitalization have recorded strong falls.

However, despite this red paint panorama, some digital assets have been closed with positive yields highlighted for a week. The fact that reflects the lack of appetite in market risk is that Memocoin has never generated any profits in the past seven days.

As seen in the previous image, the token aerodrome (aero) is the best-performing asset every week, rising by 62.3%.

Aero is Aerodrome Finance Token, a Decentralized Finance Protocol (DEFI) operated as an Automated Market Creator (AMM)-based Ethereum Layer 2 of Exchange Coinbase Ethereum.

That’s why it explains the good performance of aero Coinbase has announced that it will integrate distributed exchange (DEX) – Among them, Aerodrome Finance – will serve millions of accounts directly on applications to small investors.

This greater visibility and accessibility leads to a sustained increase in fluidity, exchange committees, and ultimately strengthens the aerodrome’s position within the defi ecosystem.

The steps below the aero will be displayed in AB, with 27% climbing recorded each week. This is Ab Dao Token, a protocol focused on distributed governance, artificial intelligence and the Internet of Things (IoT).

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Its outstanding weekly performance is included in Binance Alpha, a platform within Binance Wallet, and is dedicated to promoting emerging cryptocurrency projects with the potential to grow in the Web3 ecosystem. The fact that it is built into the world’s largest exchange platform will gain visibility, attract more investors’ interest and drive its demand.

The podium has been closed by Jito (JTO), a token for the Solana Liquid Staking protocol, and is recording a weekly increase of 13.2%. The price rise coincides with the participation of JITO Labs in the Bags and Securities Commission (SEC) cryptocurrency working group. During that meeting, two important initiatives were discussed: Token Transparency Framework and Open Project, and Proposal of Value Transactions Based on Cryptocurrency Networks.

The Token Transparency Framework, driven by Blockworks, was created with the aim of increasing clarity of aspects such as token supply, maximum removable value agreements (MEVs), internal allocations, and other operational details.

Jito Labs I got a near perfect transparency score (39 out of 40)strengthened its reliability and attracted the attention of institutional and retail investors.

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