Top 5 weekly cryptocurrency outperformers - CryptoOne
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Top 5 weekly cryptocurrency outperformers

AIOZ Network (AIOZ, +22,42%). The gains were driven by investors’ focus on the key technological innovations of AIOZ Network – the use of a decentralized content delivery network (CDN). This innovative approach allows for more efficient distribution of information and at a lower cost than via traditional centralized CDNs. In addition, the implementation of blockchain technology in the AIOZ Network offers an additional layer of security and transparency that is often not available on other platforms. The use of AI technology also offers the potential to automate content delivery, enhancing efficiency and user experience.

Jupiter (JUP, +16,43%). The cryptocurrency’s market capitalization topped $1.5 bln. At the same time, the token’s value is still more than 40% below its all-time high of $2 reached on January 31. Jupiter operates as a decentralized exchange aggregator that allows users to swap Solana-based tokens.

Bitcoin Cash (BCH, +16,07%). The rally highlights the interest of investors, especially retail traders, in lower-cost alternatives to bitcoin. The surge in attention to BCH is partially attributable to Kraken’s successful distribution of bitcoin and Bitcoin Cash to customers affected by the Mt. Gox hack.

BOOK OF MEME (BOME, +14,19%). Analysts believe that a bullish trend could be shaping up for BOME. One indicator that confirms this outlook is BOME’s Moving Average Convergence Divergence (MACD), which lies above the signal line and may cross the zero line.

eCash (XEC, +12,32%). This is a rebranded version of Bitcoin Cash ABC, which is a fork of Bitcoin Cash with a Bitcoin “heritage”. The token tracked higher on the heels of BCH.