Best Weekly Performance | 04/04/22 - 11/04/22

11 April 2022

The market is trending sideways down following the FED’s announcement that it will be reducing its $9 trillion balance sheet and raising interest rates to combat inflation, which is rising at an annual rate of 8.4% as of last month. With that in mind, let’s take a look at the Top 5 performing tokens at Bitazza coming into this week to see how the market has been affected.

Balancer’s BAL takes the top spot, with the DeFi protocol up by +6% from last week following the introduction of veBAL and the protocol’s launch of its vote-escrow system. Popular meme token DOGE takes second place with its +3.8% performance following Elon Musk’s disclosure that the Tesla and SpaceX CEO is now Twitter’s largest shareholder and that Twitter may be accepting DOGE as payment in the future. Bitazza’s own BTZ token rounds out the top 3, with BTZ up by +1.5% from last week. Nexus Mutual’s wNXM comes in at no. 4, with the Ethereum-based DeFi insurance protocol managing a -4.2% performance during this sideways down market. ApeCoin (APE) takes the final spot in our Top 5 coming into this week, thanks to its -4.3% performance.

Choose Freedom, Choose Bitazza

Learn more:

- BTZ– Learn all about the token that powers the entire Bitazza ecosystem
- APE – ApeCoin: The native token of the APE Ecosystem
- All about ApeCoin (APE)

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