CoinDesk 20 performance update: XLM gains 1.5% as index edges higher

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MetaEra
02-07
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LTC and XLM were the best performing currencies, rising 1.3% compared to Wednesday.

Author: Tracy Stephens, CoinDesk Indices

Source: CoinDesk Indices

Translated by: Ada, MetaEra

CoinDesk Indices (2.6) Market Overview, highlighting the star and lagging coins in the CoinDesk 20 index.

The CoinDesk 20 index stands at 3248.93, up 0.4% (+14.12) since 4pm ET on Wednesday. 11 out of the 20 assets in the index saw their trading prices rise.

Star coins: XLM (+1.5%) and LTC (+1.3%)

Lagging coins: APT (-1.0%) and UNI (-0.8%)

Previous content:

《CoinDesk 20 Performance Update: HBAR index up 42.3% since Friday》

《CoinDesk 20 Performance Update: UNI up 16.3%, all assets traded higher》

《CoinDesk 20 Performance Update: XLM soared 47.7%, index up over 100 points》

《CoinDesk 20 Performance Update: XLM up 73.2% over the weekend》

《CoinDesk 20 Performance Update: LTC up 8.5%, leading index higher since Wednesday》

《CoinDesk 20 Performance Update: HBAR down 11.4%, leading index lower since Tuesday》

《CoinDesk 20 Performance Update: POL down 7.7%, leading index lower》

《CoinDesk 20 Performance Update: LINK down 5.7%, nearly all index constituents declined》

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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