Four low-value altcoins have exploded this week, posting huge gains as major crypto assets Bitcoin (BTC) and Ethereum (ETH) continue to consolidate.
The first of this week’s most popular altcoins is a community-focused non-fungible token (NFT) market. LookRareservice token that powers LOOKS.
With a market cap of over $628 million, LOOKS rose from a seven-day low of $1.75 to $4.95, gaining 180 percent in just one week. LOOKS has since pulled back and is currently trading at $4.57.
Second place among market-challenging altcoins, community-centric payment system Fuse Networkprimary token of FUSE exists. Over the past seven days, FUSE has rallied over 124% from a low of $0.83 to an all-time high of $1.86.
FUSE has risen more than 124 percent over the past seven days, from a low of $0.83 to an all-time high of $1.86. FUSE has pulled back from its record level and is currently at $1.58 at the time of writing.
Another altcoin that has been performing solidly this week is anyswap is the management token of the decentralized cross-chain protocol. ANY. With a market cap of $465 million, the digital asset jumped from its weekly low of $15.28 to $33.27, making a giant 117 percent rally. ANY gave up some of its gains and is currently trading at $25.14.
The last coin on the list is a Phantom-based automated market maker and decentralized exchange. SpookySwap‘s governance token BOO. BOO posted a 113 percent gain in the past seven days, climbing from $18.59 to an all-time high of $39.73.
BOO also slumped from its all-time high to as low as $31.99 at the time of writing.
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.