CoinDesk 20 Performance Update: Avalanche (AVAX) Gains 2% as Index Trades Flat
Key Takeaways
- Avalanche (AVAX) gained 2%.
- Internet Computer (ICP) was up 1.4% and among top performers.
- CoinDesk 20 trading at 1948.46, up 0.1% (+2.05) since 4 p.m. ET on Friday.
CoinDesk 20 market update
CoinDesk Indices presents its daily market update, reporting the CoinDesk 20 is currently trading at 1948.46, up 0.1% (+2.05) since 4 p.m. ET on Friday.
“CoinDesk 20 Performance Update: Avalanche (AVAX) Gains 2% as Index Trades Flat Internet Computer (ICP), up 1”
Nine of the 20 assets are trading higher.
Crypto market movers
Avalanche (AVAX) led gains, up 2.0%.
Internet Computer (ICP) was also among the top performers, up 1.4% from Friday.
The laggards were AAVE, down 4.5%, and HBAR, down 2.1%.
CoinDesk index and Pudgy Penguins
The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
“CoinDesk 20 Performance Update: Avalanche (AVAX) Gains 2% as Index Trades Flat Internet Computer (ICP), up 1”
CoinDesk Research looks into how Pudgy Penguins disrupts the traditional toys market via a phygital model.
With 2M+ units sold, they scale via global partnerships and events and use a "Negative CAC" model that treats physical merchandise as a profitable user acquisition tool rather than just a final product.
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