Four low-cap altcoins are erupting, printing massive gains this week as large-cap crypto assets Bitcoin (BTC) and Ethereum (ETH) continue to consolidate.
One of the hottest altcoins this week is LOOKS, the token of community-first non-fungible token (NFT) marketplace LooksRare.
LOOKS has a market cap of over $627 million and surged from a seven-day low of $1.75 to a high of $4.95, representing gains of 180% in just one week.
LOOKS has retraced since and is now exchanging hands at $4.59.
Next up is FUSE, the primary token of the community-centric payments system Fuse Network. In the last seven days, FUSE rose over 124% from a low of $0.83 to a fresh all-time high of $1.86.
FUSE has pulled back from its record high and is now valued at $1.52.
Another altcoin putting up a solid performance this week is ANY, the governance token of the Anyswap decentralized cross-chain protocol. The digital asset with a market cap of $502 million skyrocketed from a weekly low of $15.28 to a high of $33.27, good for a 117% rally.
ANY has given up some of its gains and is currently trading at $27.32.
The last coin on the list is BOO, the governance token of Fantom-based automated market maker and decentralized exchange SpookySwap. BOO posted gains of 113% this week, rallying from a low of $18.59 to an all-time high of $39.73.
BOO has also corrected from its all-time high, trading at $32.91 at time of writing.
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Featured Image: Shuterstock/Alexxxey/Mia Stendal