Rallyes Up To 170 Percent: These 4 Altcoins Have Defyed The Market!

  • As the crypto markets exploded last week, a number of little-known altcoins outperformed other cryptocurrencies, experiencing impressive gains of up to 166%.

At the time of writing, Bitcoin (BTC) traded with an increase of 6.8 percent in the last seven days, Ethereum (ETH) In the same time frame, it gains 17%.

Celsius (CEL)

Bankrupt lending platform Celsius‘s native cryptocurrency CELtopped the list of altcoins, outperforming the two largest cryptoassets by market cap.

Despite the troubled days, the CEL rose from a seven-day low of $1.74 to $4.63. CEL’s 166 percent move comes at a time when Celsius has been dealing with bankruptcy proceedings, which has seen developments such as a lawsuit, a cease and desist order, and payments firm Ripple’s interest in buying the company’s distressed assets.

Kujira (KUJI) and Flux (FLUX)

Another of the altcoins that marked its rise this week is the decentralized finance protocol aimed at retail investors. Kujira (KUJI) it happened. KUJI rallied to $1.23 from a seven-day low of $0.59, up over 108 percent. KUJI, which experienced a slight correction at the time of writing, is trading at $1.19.

A cross-chain oracle and cloud computing project that provides a decentralized cloud infrastructure and a comprehensive suite of developer-friendly tools for Web 3.0 and decentralized applications (DApps). Flux (FLUX) is also organizing impressive green rallies this week. FLUX, which gained nearly 106 percent on the day, rose from $0.59 to a weekly low of $1.22. Since then, the altcoin has pulled back and is currently trading at $1.06.

Energy Web Token (EWT)

Another altcoin participating in the uptrend is a platform that aims to “decarbonize the global economy” while transitioning to cleaner energy solutions. Energy Web Token (EWT) it happened. EWT experienced a vertical price action this week, with the altcoin mentioned in the news of the new spot Bitcoin investment partnership announcement by the world’s largest asset manager BlackRock.

“BlackRock encourages organizations like RMI and Energy Web to develop programs to bring more transparency to sustainable energy use in Bitcoin mining and plans to monitor progress around these initiatives.”

EWT, a utility token aimed at serving the energy industry, rose nearly 90 percent in a week, from a seven-day low of $2.42 to $4.56. EWT corrected from a weekly high and is trading at $4.10 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.

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