4 altcoins with market caps below $1 billion managed to surge exponentially in value inside seven days whereas bigger crypto property completed off 2021 with modest value motion.
Recording large features over the previous week is Railgun (RAIL), an Ethereum-based challenge that goals to offer privateness for buying and selling and lending on decentralized exchanges (DEXes).
RAIL surged from a seven-day low of $1.33 to an all-time excessive of $4.15 on December 31st for features of 212%.
Becoming a member of the rallies is layer-2 scaling answer Metis. The Metis protocol goals to supply decrease charges and sooner transaction occasions than Ethereum, whereas nonetheless retaining the safety of the main sensible contract platform. METIS exploded from a seven-day low of $85.33 to an all-time excessive of $265, representing features of 211%.
Placing in an equally spectacular efficiency over the past week is LIT. LIT is an ERC-20 token and a local crypto asset on cross-chain identification aggregator Litentry community. LIT soared from a seven-day low of $0.001 to a excessive of $0.003 for a sizeable rally of 200%.
To not be ignored is OpenDAO (SOS), a token meant to assist artists and creators on the OpenSea non-fungible token (NFT) market. SOS was airdropped final week in accordance with the quantity of ETH spent by market customers.
SOS is up 320% because it was airdropped and is presently sitting on 170% features over the past seven days.
In the identical timeframe, Ethereum (ETH), the second-largest crypto by market cap, moved down 9%. Equally, Bitcoin (BTC) is down 6.5% prior to now week.
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