NEAR and SHIB Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update

The majority of the assets posted gains despite a choppy market, but there were notable decliners as well.

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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).

The majority of assets within the Index closed Thursday higher than they did a week earlier despite choppy price action. Just five tokens closed lower. Overall, the CoinDesk 20 gained 2.1% on the week.

Near Protocol (NEAR) continued to outperform the rest of the CoinDesk 20 with a 24% advance. The protocol has recently been making moves in the decentralized AI space, which has coincided with an outsized move higher over the past few weeks.

cd20 leaders

Aptos ((APT)) was among the undeperformers, losing 5.1% of its value last week. Filecoin ((FIL) and bitcoin cash ((BCH) were the only other assets to see meaningful moves lower.

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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CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Tracy Stephens

Tracy Stephens is a Senior Index Manager at CoinDesk Indices.


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