Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Four Crypto Assets Soar 100% or More in Just One Week As Ethereum Leads Altcoin Bounce

by Daily Hodl Staff
July 7, 2021
in Altcoins

A number of altcoins are showing signs of life in the last seven days, with Ethereum breaking away from Bitcoin.

Ethereum, the largest second cryptocurrency by market cap, has rallied 12.52% in the last week, according to CoinMarketCap. In the same timeframe, Bitcoin has shed 0.35%.

One of the best-performing altcoins of late is Axie Infinity (AXS), a blockchain-based game that allows players to collect, breed, raise, battle and trade collectible digital creatures.

In the past week, AXS has rallied from a seven-day low of $5.20 to a new all-time high of $13.59, marking a surge of over 161%, according to CoinMarketCap.

Another surging altcoin is KCS, the native asset of crypto exchange KuCoin. KCS has climbed from a seven-day low of $6.86 to as high as $14.47, representing an increase of over 110% in just one week.

The third crypto asset that’s making strides this week is cross-chain decentralized finance platform Alpha Finance (ALPHA). The altcoin has risen over 114% from a seven-day low of $0.41 to $0.88.

Next up is Perpetual Protocol (PERP), a decentralized platform that offers perpetual contracts (a derivative without an expiry date) for every asset. PERP is up 112% in the last seven days from a low of $5.59 to a high of $11.86.

Other altcoins are also flashing signs of bullishness as Bitcoin continues its sideways trading.

Many coins in the decentralized finance (DeFi) sector have also bounced, with the strongest crypto assets up 50% or more in the past week.

Source: CoinMarketCap

Although many altcoins are witnessing a bounce, most assets remain well below their all-time highs – and if Bitcoin moves to the downside it’s likely to take the rest of the market along with it.

The bullish activity in altcoins comes as the total market cap of all cryptocurrencies rose from $1.39 trillion on July 2nd to $1.53 trillion today for a 10% increase.

Check Price Action

Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

 
Check Latest News Headlines


 
 
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/Liu zishan

Submit a Press Release

Industry Announcements

  • Saddle Finance Announces End of Lock-Up Period for Its SDL Token
    June 24, 2022
  • NFTs Accessible to All With Launch of Fiat-Focused SIMBA Market
    June 23, 2022
  • Korea Blockchain Week To Hold First Live Event in Seoul After Covid Hiatus
    June 23, 2022
  • CoinLoan Partners With Elliptic To Provide Crypto Users With Top-Notch Security
    June 22, 2022
  • Gate.io – The Crypto Winter Is a Good Time To Accelerate Web 3.0
    June 21, 2022
  • How the Earliest Soulbound Use Case Creates Real Web 3.0 Heroes
    June 21, 2022
  • ADI Whitelist – A Universal Identity Layer by Accumulate
    June 20, 2022
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$21,226.00
$21,226.00
0.45%
Ethereum
$1,217.70
$1,217.70
1.65%
Cardano
$0.503877
$0.503877
3.63%
XRP
$0.362953
$0.362953
1.28%
Dogecoin
$0.073405
$0.073405
10.26%

Spotlight

  • Analyst Who Saw 2022 Bitcoin Crash Coming Updates BTC and Ethereum Forecast, Issues Fresh Alert for Crypto Traders
    June 20, 2022
  • Crypto Capitalist Arthur Hayes Issues Fresh Warning, Says Forced Selling Still a Threat to Bitcoin and Ethereum
    June 22, 2022
  • Crypto Exchange FTX Interested in Acquiring a Stake in BlockFi: Report
    June 25, 2022
  • Analyst Says Bitcoin May Be Following Cycles of the Past With New Bull Market To Come – Here’s How
    June 21, 2022
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2022 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2022 The Daily Hodl