CoinDesk Indices presents its bi-weekly Market Update, highlighting leaders and laggards of the benchmark CoinDesk 20 Index CD20 and the broad CoinDesk Market Index CMI.

Meme coin Shiba Inu (SHIB), which is ranked among CoinDesk 20’s top performers, continues to make outsized gains. Its value has more than doubled this week alone and it now stands at nearly 2.5x for the month. Bitcoin cash (BCH), ethereum classical (ETC) and other top performers have also been able to outperform this week, with gains of 38% and 28.5%, respectively.

LINK Price Index and Live Chart – CoinDesk”>(LINK) and Avalanche <a data-position="autolink" href="" title="Avalanche Price

PEPE Price Index and Live Chart – CoinDesk”>(PEPE) continued its surge, now higher by six-fold over the past month.

CoinDesk 20 is an index that tracks the largest and most liquid cryptocurrencies available across multiple platforms. The CoinDesk Market Index includes approximately 180 tokens in seven crypto sectors, including currency, smart contracts platforms, DeFi (decentralized financial infrastructure), culture & entertainment and computing.

Stephen Alpher edited the book.