A few altcoins have outperformed the rest of the cryptocurrency market, posting notable gains over the past seven days.
One of the top performing cryptocurrencies this week is an altcoin designed to allow holders to stake their tokens on the chain and earn Bitcoin (BTC) mining rewards. BTC Standard Hashrate Token (BTCST).
BTCST has made a staggering 493% gain in just seven days. The altcoin managed to rally from a weekly low of $7.19 to $42.69. BTCST pulled back a bit after reaching the aforementioned local top and is currently trading at $26.76.
Koinfinans.com As we reported, another high-yielding altcoin of the week. Optimism (KISS). The OP rallied from a seven-day low of $0.74 to $1.96, with the altcoin gaining more than 164% in just one week. OP is trading at $1.48 at the time of writing.
Another altcoin that stands out with the return it provides yearn.finance (YFI). The decentralized finance protocol rose over 127.86% from its weekly low of $6,249 to $14,239 in seven days.
The last altcoin on the list is a smart contract platform that enables highly secure sharing and control of private data. Oasis Network (ROSE). ROSE managed to climb as high as $0.095, gaining over 111% from a seven-day low of $0.045. ROSE has pulled back slightly from its local top and is trading at $0.078 at the time of writing.
You can follow the current price action here.
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.