CoinDesk 20 performance update: XLM drops 6.6% as index falls over weekend

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MetaEra
12-31
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Chainlink (LINK) and Stellar (XLM) both performed poorly, declining 6.2%.

Author: Tracy Stephens

Source:CoinDesk Indices

Translated by: Ada, MetaEra

CoinDesk Indices (12.30) Market Overview, highlighting the star and lagging coins in the CoinDesk 20 Index.

The CoinDesk 20 Index stands at 3254.32, down 1.8% (-60.38) since 4 PM ET last Friday. 3 of the 20 assets in the index saw their trading prices rise.

Star coins: SOL (+2.5%) and APT (+0.8%)

Lagging coins: XLM (-6.6%) and LINK (-6.2%)

Previous content:

《CoinDesk 20 Performance Update: HBAR Index Rises 42.3% Since Friday》

《CoinDesk 20 Performance Update: UNI Rises 16.3%, All Assets Trade Higher》

《CoinDesk 20 Performance Update: XLM Surges 47.7%, Index Gains Over 100 Points》

《CoinDesk 20 Performance Update: XLM Rallies 73.2% Over the Weekend》

《CoinDesk 20 Performance Update: LTC Rises 8.5%, Leading Index Higher Since Wednesday》

《CoinDesk 20 Performance Update: HBAR Drops 11.4%, Leading Index Lower Since Tuesday》

《CoinDesk 20 Performance Update: POL Declines 7.7%, Leading Index Trades Lower》

《CoinDesk 20 Performance Update: LINK Drops 5.7%, Nearly All Index Components Decline》

About CoinDesk 20

The CoinDesk 20 (CD20) is a comprehensive cryptocurrency index that caters to the market's demand for more diversified indices and portfolio choices beyond just Bitcoin. Thoughtfully designed, balancing liquidity, diversification benefits, and implementation ease, the CoinDesk 20 tracks the performance of top digital assets, using a market capitalization-weighted approach to enhance portfolio diversification.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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