UNI Advance Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update

Five cryptos in the CoinDesk 20 posted losses greater than 5% over the past week, led by ICP' 19% decline.

AccessTimeIconJun 18, 2024 at 3:16 p.m. UTC

CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI).

Uniswap (UNI) led the CoinDesk 20 this past week. its 6.8% advance bringing the token above $11, up from just $7 one month ago.

With a 4.1% gain, Ripple ((XRP) was the only other asset in the index to return positively.

cd20 leaders

Alternative layer 1s Internet Computer (ICP) and Near Protocol (NEAR) – ranked 15th and 16th by market cap, respectively – underperformed most this week with declines of almost 20%

cd20 laggards

CoinDesk 20 tracks top digital assets and is investible on multiple platforms. The broader CMI comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization.

Edited by Stephen Alpher.


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Tracy Stephens

Tracy Stephens is a Senior Index Manager at CoinDesk Indices.

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