The loudest news of the last week in the world of cryptocurrencies, and not only, was obviously the arrest of Telegram founder Pavel Durov in France. Of course, this affected the Toncoin (TON) cryptocurrency and other tokens, one way or another connected with the popular messenger. Read all the Latest in Crypto here.
Helium (HNT)
In the case of the HNT cryptocurrency, which took fifth place in the rating, perhaps we should talk about a price correction, since this token was on our lists of coins that suffered the least painfully from the collapse and among the assets that recently rose in price significantly. Over the reporting week, HNT fell by 12.5% and is now trading at $6.58.
Recall that the Helium protocol, whose native token is HNT, manages a distributed wireless network of mobile access points. It is also known for having attracted significant funding from venture investors, such as the Borderless Capital fund.
Brett (BASED)
Our ratings traditionally do not do without memecoins. In fourth place is the Brett cryptocurrency, a memecoin whose name is associated with the PEPE token. Despite the fact that the projects are not officially related to each other, in the original comic, Brett is the best friend of the frog Pepe.
The creators of the project emphasize that the platform attracts attention not as a memecoin, but as a unique ecosystem, whose participants discuss ideas and decide for themselves how to develop and promote the brand. The coin appeared in March 2024. Trading started at $0.03, and in June the token price reached almost $0.2. The last month, we can talk about a protracted fall of this cryptocurrency. Over the reporting week, it fell by 17% and now costs $0.0086.
Notcoin (NOT)
Looking ahead, we will say that all three steps of our peculiar pedestal are occupied by coins associated with Telegam. Bronze goes to Notcoin.
This Web3 gaming project was launched on January 1, 2024, within the TON ecosystem as an application within the Telegram messenger. The project attracted the attention of users thanks to the announced distribution of coins. The developers offered application users to mine tokens by simply tapping on the smartphone screen. The audience of the game exceeded 35 million people in a couple of months.
Toncoin (TON)
It was TON that should have become the leader of this rating, because it was this cryptocurrency that was most affected by the arrest of Pavel Durov in France. However (you will learn about this in the next paragraph) chance intervened.
Starting in February 2024, the project's coin began to grow rapidly. On the news of Durov's arrest, it showed a drop to $5.3 at the moment, and is currently trading at $5.46.
Dogs (DOGS)
It was the DOGS token that took first place in our rating. But, despite the fact that this is the information provided by leading cryptocurrency rate aggregators, everything is not so obvious. The fact is that trading in the token began only on August 26. Current data is taken from the peak, which was directly at the time of listing. That is, when so-called "price shoot-throughs" traditionally occur. So a 22% drop should not be taken seriously yet.