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Band Protocol — the most profitable cryptocurrency in the DeFi sector for the week
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Band Protocol — the most profitable cryptocurrency in the DeFi sector for the week

Nov 8, 2022

To date, Band Protocol (BAND) is the most profitable cryptocurrency for investors among projects that are presented in the DeFi sector. The time interval from November 1, 2022 to November 7, 2022 is taken into account. Cryptocurrency BAND increased in price by about 124%. During this time, it traded at an average price of $2.62. Market cap = $92.53 million. During the week, market participants managed to make deals worth $30.2 million.

The rest of the startups in this industry have not been as lucky, but they have shown good results. For example, Telos (TLOS) added 33.94% in value over this time period. Over the past 24 hours, TLOS quotes have reached $0.205. The total supply of coins on the market amounted to 55.37 million dollars. Over the past week, trading volumes have reached $12,800,000.

Ocean Protocol (OCEAN) ranked third in the ranking of the most profitable cryptocurrencies from the DeFi sector. Its quotes increased by 22.6%, reaching the level of $0.216. Market cap = $132.74 million. During the week, traders managed to complete transactions with OCEAN for $361.9 million.

Cryptocurrency Loopring (LRC) increased in price by 20%, reaching a value of $0.33. The market capitalization reached $439,670,000. And market participants made transactions with LRC in the amount of 995.5 million dollars.

Earlier, the news about the most profitable coins of the first week of November was published.

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