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These are the top 5 most traded cryptocurrencies on Bitvavo

Battle it is by far the largest cryptocurrency exchange in the Netherlands. It hosts a significant portion of cryptocurrency investors nationwide. Bitvavo today announced on Twitter which cryptocurrencies were the most popular last week among these investors. There may be some surprises in between.

Classic Terra Cattle (LUNC).

Reserve rights (RSR) are in fifth place. This is a fairly small project that ranks 90th among the largest cryptocurrencies with a market cap of $ 375 million. However, the project is very popular with Bitvavo users. After all, it is above cryptocurrencies cardan (ADA) under the sun (SUN).

In fourth place is a more famous name within the crypto community; ethereum (ETH). The second largest cryptocurrency is one of the biggest projects in years, so it’s no surprise that ethereum is among the top 5 most traded cryptocurrencies on Bitvavo. The only thing that might be strange is the fact that Ethereum is only in fourth place.

The third place is held by the absolute king of cryptocurrencies; bitcoin (BTC). It is the flagship of the cryptocurrency industry and still the largest cryptocurrency by a large margin when it comes to market capitalization. The fact that bitcoin is in the top 5 will also come as no surprise to investors.

This week is in second place Ripple (XRP). The Ripple community has been one of the strongest in the entire market for years and this is further demonstrated by the fact that XRP was the second most popular token on Bitvavo. maybe that the good news regarding the lawsuit with the American Securities and Exchange Commission (SEC) has something to do with this.

The most traded token on Bitvavo in the past 7 days has been Terra Classic (LUNC). The Earth ecosystem completely disintegrated in May of this year and many tens of billions of value were lost in one day. However, it remains an extremely popular token for investors and traders. Maybe that combustion mechanism on several major exchanges contributed to the interest in LUNC.

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