Five red-hot cryptocurrencies all with a market capitalization between $250 million and $8 billion have registered triple-digit percentage gains within seven days.
First up is the utility token of Bitfrost’s (BFC) multichain ecosystem. The altcoin has surged by 268% after rising from a seven-day low of $0.19 to a high of $0.70, according to CoinGecko.
BFC has since pulled back and is trading at $0.62 at the time of writing.
Another blazing altcoin as of late is the governance token of decentralized virtual space project Starlink (STARL). The token has skyrocketed by 235% from a low of $0.0000085 to a high of $0.000028 in just one week.
At the time of writing, STARL is trading at around $0.000026.
Next up is the native token of smart contracts platform Avalanche (AVAX), which has gone up by 177% within seven days. The altcoin has appreciated from $18.79 to $52.15 during that period according to CoinGecko.
AVAX has given up some of the gains and is at time of writing priced at $46.30.
Fourth on the list is the native token of digital collectibles and gaming network WAX (WAXP). The altcoin has rallied from a seven-day low of $0.16 to a high of $0.44, marking an increase of 175% within a week.
Even after WAXP’s massive rally, it is still far from its all-time high of $2.77.
The last altcoin making huge gains in the past week is the native token of decentralized finance platform Coin98 (C98). The crypto asset ignited a big upswing this week from a low of $1.42 to a new all-time high of $3.38, representing gains of 138% in seven days.
After posting its all-time high, C98 has taken a breather and is now valued at $3.14 at time of writing.
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inboxCheck 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/Design Projects
