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