Market

Those 4 altcoins increased by 3 digits in the last week of 2021

Four altcoins with a market capitalization of less than $ 1 billion rose exponentially in seven days, while larger cryptocurrencies ended with modest price movements in 2021.

Last week’s big gains were noted by Railgun (RAIL), an Ethereum-based project that aims to ensure privacy for trading and lending on decentralized exchanges (DEXs).

RAIL rose from a 7-day low of $ 1.33 to an all-time high of $ 4.15 on December 31, up 212%.

7 days RAIL price. Source: Coinecko

Another altcoin that also took part in the rally is the layer 2 scaling solution Metis.

Metis aims to offer lower costs and faster transaction times than Ethereum while ensuring the security of the leading smart contract platform.

METIS has exploded from a 7-day low of $ 85.33 to an all-time high of $ 265, a gain of 211%.

Price METIS 7 days. Source: Coinecko

LIT contributes to equally impressive achievements – an ERC-20 token and a native asset in the Litentry network that aggregates cross-chain identities. The LIT rose from a 7-day low of $ 0.001 to a high of $ 0.003, representing a remarkable 200% rally.

LIT price 7 days. Source: Coinecko

Not to be missed is OpenDAO (SOS), a token to support artists and creators on the OpenSea NFT marketplace. SOS was discontinued last week according to the ETH issued by market users.

SOS has increased 320% since it was dropped and is currently seeing a 170% increase in the last seven days.

SOS price 7 days. Source: Coinecko

Over the same period, Ethereum, the second largest cryptocurrency by market capitalization, fell 9% and the crypto king Bitcoin fell 6.5% in the past week.

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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