As a researcher with a background in cryptocurrencies and blockchain technology, I find the bi-weekly market updates from CoinDesk Indices (CDI) to be an essential source of information for tracking the performance of various digital assets. The ability to identify leaders and laggards within the benchmark CoinDesk 20 Index (CD20) and the broader CoinDesk Market Index (CMI) is invaluable for understanding market trends and making informed investment decisions.

Each bi-weekly publication by CoinDesk Indices showcases the latest trends in the cryptocurrency market. In this update, we focus on the top performers and underperformers within the CoinDesk 20 Index (CD20) and the comprehensive CoinDesk Market Index (CMI).

Last week, Uniswap (UNI) took the top spot in the CoinDesk 20, with its value increasing by 6.8%. As a result, the token now costs more than $11 per unit, marking a significant jump from its price of around $7 only a month prior.
With a 4.1% gain, Ripple ((XRP) was the only other asset in the index to return positively.
UNI Advance Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update
As a crypto investor, I’ve observed that both the Internet Computer (ICP) and Near Protocol (NEAR), ranked 15th and 16th by market capitalization respectively, experienced significant setbacks this week. Specifically, ICP and NEAR saw nearly 20% declines in value.
UNI Advance Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update

CoinDesk monitors around 20 prominent digital assets that can be invested in through various platforms. The comprehensive CoinMarketCap (CMI) includes approximately 180 tokens categorized into seven main sectors: currencies, smart contract platforms, Decentralized Finance (DeFi), culture and entertainment, computing technologies, and digitization.

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2024-06-18 18:34