Our first token rankings of 2020! Top 5 Performing Token Assets are looking quite different from what we have seen in the past, and that is definitely a good thing, as we want to see users actively trading a wider range of tokens on our platform. As noted in our recent weekly trading summary article, our Ethereum markets were less active than usual, whereas, there appears to be a renewed interest in trading Ethereum Classic tokens. With that said let's find out which projects are in our Top 5 this week!

How do we calculate our token rankings?

We cover a 7 day period of trading on our platform, in this case from 31/12 to 07/01, and use total trading volume in USD as the main metric to put together these rankings. However, to ensure our calculations are accurate we take into account the price of ETH or ETC at the moment of the trade. All trading data is available using Saturn's API.

Top 5 Performing Token Assets

GTMR token continues to top our weekly rankings and starts off the year strong! We saw a total of 20 trades being made which generated a trading volume of 16 ETH so roughly around $2,203. Trading sentiment around GTMR continues to be bullish with 14 buys compared to 6 sells.

Check GTMR price

Buys: 14

Sells: 6

Volume: ~16 ETH

USD Volume: $2,203

The surprise this week is there is only one Saturn token in our Top 5, $STRN saw a total of 421 trades completed and remains our most actively traded market with 31 traders spotted trading STRN/ETC.

Check STRN price

Buys: 175

Sells: 246

Volume: ~106 ETC

USD Volume: $529

$LBRTY is a relatively new listing on our platform and seems to be quite a new project that is currently doing airdrop promotions. We saw 20 trades completed on this market, which generated roughly $384 in trading volume. That being said, the LBRTY/ETH market does not look healthy as it is currently very unbalanced with only buys happening. Hopefully, as the project grows they will attract more market makers.

Check LBRTY price

Buys: 20

Sells: 0

Volume: ~2.8 ETH

USD Volume: $384

$CACHE was able to once again reach our Top 5, this week we saw 7 traders operating on their market which resulted in 9 trades and roughly $371 in trading volume.

Check CACHE price

Buys: 9

Sells: 0

Volume: ~2.73 ETH

USD Volume: $371

$GMD is a very new listing, great to see a token that attracts traders immediately. We saw 6 traders operating on GMD/ETH market, completing 8 trades and generating $367 in trading volume. Again, this is another market that needs to attract more traders and balance out their order book as currently it does not look healthy - however, we should note they only just listed on our platform.

Check GMD price

Buys: 8

Sells: 0

Volume: ~2.7 ETH

USD Volume: $367

Happy trading!

New to Saturn Network?

If you would like a Token Profile or Press Release published for your project on our blog, you can learn more here. We also offer Airdrop marketing and Free Exchange Listing, which is a great way to promote your token to our active DEX traders and Dapp users - check out our services below!

Be sure to follow Team Saturn on Twitter, subscribe to our subreddit and join our community forum to suggest new features and engage with other Saturn DAO members!