Polkadot and Filecoin Lead Gains as CoinDesk 20 Index Rises 1.3%

CoinDesk 20 Performance Update: DOT Gains 17.3% as Index Climbs Higher

Filecoin is making waves, joining Polkadot as a top performer. It gained an impressive 16.3% since Tuesday.

As of December 4, 2024, at 2:24 p.m. UTC, CoinDesk Indices shared its daily market update. The CoinDesk 20 Index is now at 3892.21, which is a rise of 1.3% (+48.1) since 4 p.m. ET on Tuesday.

Out of 20 assets, fifteen are trading higher. That’s good news for investors!

The leaders right now are DOT, up 17.3%, and FIL, which gained 16.3%. On the flip side, HBAR dropped by 5.3%, and LTC fell by 2.7%.

The CoinDesk 20 is a broad index traded on multiple platforms around the globe. It gives a clear picture of the market's performance.

Tracy Stephens is the Senior Index Manager at CoinDesk Indices. She ensures that the index maintains high standards, similar to those in traditional finance. Before stepping into the crypto world, she built systematic macro-trading strategies at Alliance Bernstein and Citibank. Tracy holds a Bachelor's in Math from Barnard College and a Master's in Data Science from the University of California, Berkeley.