The crypto markets have been looking to bounce this week, with Bitcoin prices coming close to $39,000 and Ethereum (ETH) hovering near $2,900.
Solana is the standout performer on the day, with 15% in gains sending the price of the 6th ranked crypto in terms of the market cap above $112. SOL/USD is over 22% in the green over the past seven days.
The Sandbox (SAND) and Decentraland (MANA) are both +30% up in the week.
But what about the top altcoins with 100% or more gains this week? Here, in no particular order, are the top five picks.
Gari Network (GARI)
The GARI token is one of the hottest trending coins this week. GARI/USDT has jumped 12% in the past 24 hours and currently changes hands around $0.62.
Over the past week, data from CoinGecko shows the token that powers the Chingari social app has increased its value by 101%, with buying pressure likely to take it back past the $0.78 peak reached in mid-January.
With over 32 million users, the Chingari App ranks as India’s top social platform, in a country of over 1.38 billion people. Adoption across the country, with GARI set to integrate into the app for NFTs, staking and much more, the coin’s price could see a major uptick.
GARI/USDT chart. Source: TradingView
Crypterium (CRPT) price is 10% down in the past 24 hours, currently trading around $0.27. The cryptocurrency, which seeks to enable everyday use of digital currencies, is however more than 148% up over the past seven days.
Crypterium hit a 7-day high of $0.31 on Monday, but it far off its all-time high of $1.58 reached in January 2018. The altcoin has a market cap of $22 million and is available on several top exchanges, including KuCoin and HitBTC.
CRPT/USDT daily chart. Source: TradingView
Telos (TLOS) price is up 16% in the past 24 hours and currently trades around $1.06. Telos price is up nearly 101% in the past week, with returns in the past year at over 2400% as of writing.
Why would you look at Telos?
The Telos blockchain offers speed and scalability, with its decentralised applications and non-fungible token (NFT) capability already pushing the new platform towards greater adoption.
Uses cases for the blockchain include decentralised finance (DeFi) and gaming.
TLOS/USDT chart. Source: TradingView
Quantstamp (QSP) price is up more than 21% today, with the QSP/USD pair changing hands around $0.065. The QSP price has soared more than 170% this past week, with the upside coming after a rebound above $0.020 on 25 January.
More than $5.6 million worth of the token have been traded in the past 24 hours, with its market cap rising to $46 million.
Why should you look at Quantstamp? Many top blockchain and crypto projects, including MakerDAO, Chainlink, Binance and eToro use its technology.
QSP/USD chart. Source: TradingView
Crabada (CRA) is a play-to-earn crypto and NFT game built on the Avalanche (AVAX) platform. The coins price has jumped 33% in the past 24 hours, with weekly gains up to 105%.
CRA/USD currently trades around $1.75, up from lows of $0.68 a week ago.
Why Crabada (CRA)?
Upside potential is still there given rejection at the psychological $2.00 price level. There’s also massive interest in the game.
CRA/USDT chart. Source: TradingView