Despite Crypto Correction, These 5 Altcoins Are Up To 285% In One Week!

Despite the wide correction in the crypto markets, the five cryptocurrencies rose from 100 percent to 285 percent in just one week.

At the top of the list is a decentralized network of devices that collect data anonymously with a geographic component. XYO Network (XYO) finds it. According to CoinGecko, the crypto asset with a market cap of over $590 million has risen nearly 285 percent in the past seven days, from a weekly low of $0.013 to $0.05. XYO is currently trading at $0.04.

Then, a privacy-focused decentralized blockchain platform for Open Finance, Oasis Network (ROSE) is coming. This week, the crypto asset ignited a 167% rally, rising from $0.12 to $0.32. Since then, the token has pulled back and is currently trading at $0.26.

An interoperable blockchain technology Quant (QNT) It is also among the top performers this week. The cryptocurrency rose more than 124 percent from a seven-day low of $190.48 to an all-time high of $427.42.

Quant gave up some of its gains and is currently trading at $376.06.

Algorand (ALGO) also experienced a large price increase this week. With a market cap of over $10 billion, the digital asset rose from $1.19 to $2.41, a seven-day low, gaining 102 percent in just one week.

Despite doubling in value in seven days, ALGO is still trading at $2.25, below its all-time high of $3.56.

The fifth altcoin to experience massive rallies this week, the artificial intelligence-powered blockchain project Velas’ token VLX. The crypto asset gained 100 percent from $0.09 to $0.18 in one week. At the time of writing, VLX is trading at $0.12.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.