5 altcoins up 100% in the past week : GARI Token, Crypterium, Telos, Cradaba, Quantstamp
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.
Crypterium (CRPT)
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.
Telos (TLOS)
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.
Quantstamp (QSP)
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.
Crabada (CRA)
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.