5 On-chain Traits Shared by Some of This Week's Top Performers

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Ibis
Sep 27, 2020

The crypto market is having a surprisingly favorable end of the week, with Bitcoin’s +4.7% gain in the last 72 hours driving a market-wide bounceback and making dip-buying seem like a pretty good idea in hindsight.


Still, some assets seem to be doing much better than the pack, with several DeFi-related coins topping the list of top gainers over the past 3 days:


  • KNC: +19.7%
  • REN: +34.1%
  • LINK: +37.06%
  • LEND: +25%
  • 0x: +18.5%


Two days ago, Garry wrote a very timely post on why we thought REN in particular may be approaching key bounceback levels and seems to be priming for a rally in the near future. Between that article and this one, the price of REN coin has increased by +26.6%.


But here's the thing - it’s not just REN. All five of the above-mentioned coins shared tangible similarities

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Assets from this insight

ChainLink logo

ChainLinkLINK

$ 12.21

14.56%in last 7d
Ren logo

RenREN

$ 0.345331

6.24%in last 7d
Kyber Network logo

Kyber NetworkKNC

$ 0.977493

5.97%in last 7d
0x logo

0xZRX

$ 0.386277

1.66%in last 7d
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