Four low cap altcoins are up greater than 160% in the previous week because the crypto market reveals indicators of restoration.

IoTex, a platform geared toward connecting Internet of Things (IoT) units and distributed functions, is among the hottest cryptocurrencies this week.

IoTex’s native token, IOTX, was listed on Coinbase final week and has risen from a low of $ 0.02 to a excessive of $ 0.13 in simply seven days. Marks an incredible progress of 550%.

Daily IOTX / USDT Chart | Source: TradingView

IOTX has since corrected and is at the moment trading at $ 0.073, in accordance with CoinGecko.

Request Network’s utility token, REQ, additionally made massive good points this week after being listed on Coinbase on Aug. 12. Request Network is a cost protocol with out the necessity for intermediaries. Its REQ token rose from a seven-day low of $ 0.07 to a excessive of $ 0.39, which implies a acquire of greater than 450% in only one week.

Another crypto asset that sparked an enormous rally this week is YGG, the governance token for Yield Guild Games. The challenge is a decentralized autonomous group (DAO) investing in NFTs used in digital worlds and video games on blockchains. According to CoinGecko, YGG has pumped 364% from a low of $ 1.98 to a excessive of $ 8.61 in the previous seven days.

Daily YGG / USDT Chart | Source: TradingView

The crypto asset has since corrected and is at the moment trading at $ 6.43.

Dent’s native token, DENT, has additionally made massive strides this week, rising from a low of $ 0.003 to a excessive of $ 0.008, up 166% in seven days. Dent is a cell knowledge trade primarily based on the Ethereum blockchain. People should purchase, promote, or donate their extra cell knowledge to different customers world wide.

DENT / USDT every day chart | Source: TradingView

Even after this week’s sturdy rally, DENT remains to be effectively under its all-time excessive of $ 0.10.

SN_Nour

According to Dailyhodl

Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page