Top Cryptos in December; Massive Gains All Over This Week

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This week saw massive gains as both Bitcoin and Alt coins surged ahead of tomorrow's CME futures launch.
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This week has seen huge gains across the board as one of the world’s largest exchanges is soon to launch Bitcoin futures trading. This new development has been massive for the crypto market over the past 7 days as the total crypto market cap has increased a staggering 57%, from $382,440,000,000 to now over $600,000,000,000.
The Top Gainers This Week
Below are the highest gainers from the closing price on the 10th December to present. 

1. Verge (XVG)


Verge is by far the top performer this week as the price exploded 679% in the last week. The privacy-focused alt coin has benefitted greatly from a tweet by John McAfee earlier this week, recommending anonymous currencies as having the “greatest future”. The coin now stands at $0.06 from its previous price of $0.008.
  1. Cardano (ADA)
Bringing out the silver polish is the Charles Hoskinson-backed crypto project, Cardano. With its next road map announcement only 18 days away, this highly academic cryptocurrency has gained a further 345% this week, to reach a price of $0.49, following an earlier bullish run in late November where it jumped 264%.
Clearly, the coin’s huge supply isn’t hindering the price.
  1. Ripple (XRP)
Ripple has gained some significant traction in the market this week as the price rose over 221%. The spike in price comes from a culmination of Bitcoin’s performance over the past few weeks, FOMO and news announcements that Ripple will undergo banking trials with transfers between South Korea and Japan. XRP’s price is now $0.74 from $0.23.
  1. QTUM (QTUM)
Just slipping from a podium position, QTUM banked 195% gains after a bullish run on Friday pushed the price as high as $32 before it corrected. Now the price has consolidated around the $29 mark.
This surge in price follows the news that China’s leading influencer search engine, Robin8, has announced it will launch a presale for its new Profile Utility Token (PUT) on the QTUM blockchain, as well as news that a Chinese hardware company is planning to run 50,000 QTUM nodes around the world; that’s more nodes than both Bitcoin and Ethereum.
  1. Litecoin (LTC)
Litecoin has continued to surge this week, as the price booms a further 116% as Bitcoin’s progress, strong support from South Korean investors and a huge influx of new Coinbase users lifts the alt coin.
  1. NEO (NEO)
In at #6 is the Chinese Ethereum, NEO, as it finally reaches a new all-time high. Currently priced at $58.10, NEO has seen a 74% increase from its earlier closing price this week of $33.31 as it announces the release of its ICO template. This is a major breakthrough for Chinese crypto startups as NEO provides them with a regulated platform to launch new projects.
  1. Ethereum (ETH)
The second largest cryptocurrency, Ethereum, sits well below the top 5 this week with a modest gain of 64% as recent network congestion issues slow the platform’s progress. Ethereum is up at $724 from $442.
  1. Dash (DASH)
Dash rejoins the battle this week as it breaks through to an all-time-high at $1,083.05. Currently up 57% the alt coin takes Bitcoin head-on in the race to become the leading payment system, with a Dash Masternode now costing over $1,000,000!
  1. Bitcoin (BTC)
In the wake of lifting the rest of the crypto market, Bitcoin climbed a further 24% this week; just touching the $20,000 mark ahead of its debut on the Chicago Mercantile Exchange tomorrow. Many are hoping that Bitcoin futures trading will add greater stability to Bitcoin’s price volatility, as well as bridge the gap between crypto and securities trading.

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