A handful of under-the-radar altcoins have posted significant weekly gains, outpacing other crypto markets.
One of the strongest performers in the digital asset space this week is LUNA. LUNA is a Terra hard fork native asset designed to save the blockchain ecosystem after the original version collapsed earlier this year.
LUNA recorded an increase of over 317% in just 7 days, jumping from weekly lows of $1.80 to highs of $7.51. LUNA has since retrace, and at the time of writing he is trading at $5.73.
The next coin to see a big jump this week is LOOMOLD, the staking and utility token of Loom Network, an Ethereum-based decentralized application platform. LOOMOLD surged from his 7-day low of $0.042 to a high of $0.096, posting a 128% gain in just one week.
As of this writing, LOOMOLD is trading at $0.092.
Another altcoin that’s been getting a lot of attention lately is VGX, the native token of bankrupt cryptocurrency broker Voyager. This week, VGX is up more than 112% after jumping from a low of $0.56 to a high of $1.19. VGX has corrected after hitting his 7-day high and is trading at $0.92 at the time of writing.
The last coin to surge this week is Ravencoin (RVN). It is a Proof of Work community driven decentralized blockchain network designed to instantly transfer digital assets from one user to another. RVN surged to a high of $0.62 from a seven-day low of $0.34 this week before surging to an 82% gain.
RVN has given up some of its weekly profits, valued at $0.50 at the time of writing.
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