Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest and greatest in digital assets this week so far.
Find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we should cover.
Crypto in a snap
Bitcoin
BTCUSD
went down 1% over the past seven days, trading at around $29,529 on Thursday, according to CoinDesk data. Ether
ETHUSD
lost 4.6% over the seven-day stretch to around $1,884. Meme token Dogecoin
DOGEUSD
slumped 5% while another dog-themed token, Shiba Inu
SHIBUSD,
declined 8% from seven days ago.
Crypto Metrics
| Biggest Gainers | Price | %7-day return |
| Green Satoshi Token_BSC | $18.88 | 88.9% |
| Monero | $19.03 | 24.3% |
| Aave | $97.24 | 18.8% |
| Loopring | $0.53 | 17.5% |
| TRON | $0.08 | 15.7% |
| Source: CoinGecko as of May 26 |
| Biggest Decliners | Price | %7-day return |
| $24.13 | -18.2% | |
| Maker | $1179.88 | -17.6% |
| Apecoin | $6.61 | -16.3% |
| Elrond | $77.68 | -15.3% |
| Zcash | $85.41 | -15.2% |
| Source: CoinGecko as of May 26 |
Ethereum rules it all?
Discussions have heated around layer-one blockchains, or the base networks, after popular blockchain Terra collapsed earlier this month. Terra was once the second largest…
