Five Low-Cap Altcoins Surge 100% or More in Just One Week Amid Bounce Across Crypto Markets

Five low-cap altcoins have doubled their value or more over the past seven days following weeks of bloodbath in the crypto markets.

One of this week’s biggest gainers is CEL, the native token of crypto lending platform Celsius Network.

After collapsing 99% from its all-time high, CEL rallied hard last week, erupting from a seven-day low of $0.52 to a high of $1.55, marking an increase of 198%.

CEL has retraced since and is currently trading for $0.79.

Another red-hot altcoin this week is Function X (FX), a decentralized ecosystem aiming to provide asset aggregation contracts, smart contract connections with Ethereum and on-ramp support for users. FX surged from a seven-day low of $0.14 to high of $0.34 for an increase of 142%. 

FX is now worth $0.24, down nearly 15% in the last 24 hours. 

Next up is Synthetix Network (SNX), a cryptocurrency that powers the trading of synthetic assets (synths) on the Synthetix platform. From a seven-day low of $1.52, the token skyrocketed to a high of $3.55, marking an increase of 133.55% in just one week.

SNX is currently valued at $2.69, down 6.30% in the past day.

Lending and borrowing platform Compound (COMP) is also on the list after the decentralized finance (DeFi) token doubled its value from a weekly low of $27.53 to a high of $55.17.

At time of writing, COMP is changing hands at $51.96, down over 25% in the last day.

The last coin is (YFI), a project that aims to power an automated yield-farming strategy to give users access to the best yields on their deposits of various altcoins, stablecoins and Ether.

YFI also managed to grow 100% in seven days after rallying from a low of 4,020 to the week’s peak at $8,074. 

At time of writing, YFI is trading for $6,495, in the red for nearly 5% in the last 24 hours. 

Check Price Action

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix


Check Latest News Headlines



Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/wacomka/Andy Chipus

Leave a Reply

Your email address will not be published.