The year 2022 was one of the most devastating years for cryptocurrencies. Crypto investors witnessed significant price drops from all-time highs. Still, many altcoins are performing well. In this article, we will take a look at the top 5 altcoin projects that have performed well in the past seven days. Here are the details…
DeFi altcoin project UNI gained close to 10% in 7 days
Uniswap is an Ethereum (ETH) based decentralized exchange (DEX). However, it is also known as a coin. Blockchain is open source and available for anyone to read and edit. It works as a DEX and gives users access to its platform for peer-to-peer market making. In the last 7 days, the UNI price has increased by 9.14 percent,
Helium (HNT) rose 11.67 percent
Helium Network is a decentralized wireless network that allows devices to connect wirelessly to the internet anywhere in the world. It is a secure and open source network. Developers can create more cost-effective, faster and more powerful internet-connected devices. In the last 7 days, the price of HNT has increased by almost 11.67 percent,
Reserve Rights Token (RSR) attracted attention with its 20% increase
The Reserve Rights (RSR) token has different objectives. But its primary purpose is to provide a means to protect the dollar value of the RSV stablecoin. The Reserve protocol scales supply with demand. Thus, it fulfills its purpose of protecting all collateral in the Blockchain. It also has the purpose of providing security. It serves as an option to the central currencies currently in use. Therefore, the cryptocurrency managed by smart contracts is used to protect token values. In the last 7 days, the RSR price has increased 19.97 percent.
Quant jumps 22 percent
Quant was founded in June 2018 to secure blockchains and networks without compromising the power and interoperability of the network. It is the foremost project to solve the interoperability problem through the creation of the first Blockchain operating system. In the past 7 days, the QNT price has increased by almost 22.74 percent.
The highest rising altcoin on a weekly basis: Terra Classic (LUNC)
LUNC is the cryptocurrency of the Terra network. A Blockchain project born out of the Terra ecosystem supporting an algorithmic stablecoin, LUNC is a shadow of its former “self”. As we reported as Kriptokoin.com, the token of the Terra ecosystem was at the level of $120 last year. However, investors now receive LUNC tokens for around $0.0003. This is almost a total loss for those who buy near the top. However, LUNC has been trying to recover for a while. For example, it has become one of the top cryptocurrencies in the last 7 days. In the last 7 days, the LUNC price has increased by almost 41.88 percent.
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