Four Altcoins Erupt 103% or More in Seven Days As Crypto Markets Awaken
Four altcoins that have been trending hard over the past week are significantly outperforming other crypto assets amid a marketwide rally.
One of the hottest altcoins in the last seven days is Conflux (CFX), a public blockchain that aims to connect Asian and Western communities and economies.
CFX rallied from a seven-day low of $0.14 to a high of $0.42 to mark a staggering 200% rise. CFX continues to trade near its highs as it is worth $0.41 at time of writing.
Next up is MASK, the Ethereum (ETH)-based governance token of the Mask decentralized autonomous organization (DAO). The Mask Network is a decentralized portal that allows users access to blockchain features on top of existing social networks.
The crypto asset surged from a low of $2.70 on March 13th to a weekly high of $6.66 for an increase of over 146%. Just like CFX, MASK is trading near its seven-day high as the altcoin is worth $6.51 at time of writing.
Another altcoin that’s on the up and up as of late is Stacks (STX), a layer-1 protocol that aims to enable smart contracts and boost the utility of Bitcoin (BTC).
The crypto asset skyrocketed from a low of $0.57 on March 12th to a weekly high of $1.30, representing a surge of more than 128%. Stacks has retraced since and is trading at $1.19 at time of writing.
The last coin on the list is ImmutableX (IMX), a protocol that’s designed to enable developers to build fast, scalable and secure applications for blockchain-based games and non-fungible tokens (NFTs).
IMX climbed from a seven-day low of $0.78 to a high of $1.59 to mark a rally of over 103%. The 45th-ranked crypto asset is also trading near its weekly high as the token is worth $1.53 at time writing.
Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox
Check Price Action
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/Digital Store/KWstudio
The post Four Altcoins Erupt 103% or More in Seven Days As Crypto Markets Awaken appeared first on The Daily Hodl.