Those 4 altcoins are up over 70% for the week while Bitcoin is testing USD 52,000
Four altcoins on Ethereum have seen massive gains over the past seven days as Bitcoin seeks to make up for its losses.
A massive 78% surge is currently happening on CRTS, the ERC-20 token that powers the Cratos mobile app, a real-time, live voting platform where users can create voting topics based on their preferences and other users can vote.
Market participants have reacted positively to developments at Cratos over the past week, including the listing of CRTS on the MEXC exchange and the launch of a global version of the app previously only available in Korea.
CRTS / USDT. Source: TradingView
Synapse (SYN), another Ethereum-based altcoin, is up 89% in the past seven days. Synapse is a cross-chain protocol that aims to provide interoperability between different blockchains. It includes Synapse Network (SNP) and an automated market maker (AMM) for asset pricing and rebalancing.
Analyst Smart Contracter recently said that SYN looks very special in the SYN / WETH pair.
“With all of the competing layers, the accumulation of something that binds them all together is like an investment strategy that invests in the underlying technology needed to produce a good or service, but in the bottom line.
SYN looks great on the weekly chart against ETH. ”
The source: Smart Contracter / Twitter
Velas (VLX), a PoS blockchain and an ecosystem on which anyone can build artificial intelligence projects, dApps or smart contracts, is also showing strength.
VLX is currently trading at $ 0.36, up 73% over the past seven days, about 33% off its all-time high of $ 0.55.
VLX / USDT. Source: TradingView
An even bigger wave is making the Vader Protocol (VADER), a decentralized liquidity protocol that anchors a slippage-based AMM fee to its own native stablecoin USDV.
VADER is currently trading at $ 0.09, up 155% over the past seven days.
VLX / USDT. Source: Coinmarketcap
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