2022 — Up To 200% Increases: These 5 Altcoins Are The Winners Of The Week!

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  • Despite weeks of blood­bath in the cryp­to mar­kets, five under­val­ued cryp­tocur­ren­cies fol­low­ing the recov­ery trend have more than dou­bled in val­ue over the past sev­en days.

One of the biggest win­ners this week, the cryp­to lend­ing plat­form Cel­sius Net­work‘s native token CEL it happened.

Koinfinans.com As we men­tioned, Cel­sius, whose with­drawals were stopped and said to be on the verge of bank­rupt­cy, in order to be able to meet future with­draw­al requests and nav­i­gate in these tur­bu­lent mar­ket con­di­tions, had a pos­i­tive trend in its price at the begin­ning of the week thanks to the heavy pur­chase of whales.

After falling 99% from its all-time high, the CEL rose sharply last week, climb­ing from a sev­en-day low of $0.52 to $1.55, mark­ing a 198% increase.

CEL has since pulled back and is trad­ing at $0.79 at the time of writing.

Anoth­er of this week’s win­ning alt­coins is a decen­tral­ized ecosys­tem that aims to pro­vide asset col­lec­tion con­tracts, smart con­tract con­nec­tions with Ethereum, and ramp sup­port for users. Func­tion X (FX). FX rose 142% from a sev­en-day low of $0.14 to $0.34.

Altcoins

At the time of writ­ing, FX is worth $0.24, down about 15 per­cent in the last 24 hours.

next, Syn­thetix is a cryp­tocur­ren­cy that pow­ers the trad­ing of syn­thet­ic assets (synths) on its plat­form. Syn­thetix Net­work (SNX) exists. The pop­u­lar cryp­tocur­ren­cy sky­rock­et­ed from a sev­en-day low of $1.52 to $3.55, up 133% in just one week.

SNX is cur­rent­ly at $2.69, down 6.30 per­cent from the pre­vi­ous day.

A lend­ing and bor­row­ing plat­form Com­pound (COMP)wit­nessed a dou­bling in val­ue of the decen­tral­ized finance (DeFi) token, ris­ing from its week­ly low of $27.53 to $55.17, the project earned its place on the list after this remark­able move.

At the time of writ­ing, COMP is chang­ing hands at $51.96, down over 25 per­cent from yesterday.

The lat­est among the cryp­tocur­ren­cies to hit this week is a project that aims to strength­en an auto­mat­ed yield-farm­ing strat­e­gy to give users access to the best returns on var­i­ous alt­coins, sta­ble­coins and Ether deposits. yearn.finance (YFI) project.

Despite the hor­i­zon­tal trend in the mar­ket, YFI also man­aged to grow 100 per­cent in sev­en days, ris­ing from the low of the week 4020 to $8074, the high of the week.

YFI, which has been trad­ing with a decrease of about 5 per­cent in the last 24 hours, is trad­ing at $ 6495 at the time of writing.

You can check the price move­ments here.

Dis­claimer: What is writ­ten here is not invest­ment advice. Cryp­tocur­ren­cy invest­ments are high-risk invest­ments. Every invest­ment deci­sion is under the individual’s own respon­si­bil­i­ty. Final­ly, Koin­Fi­nans and the author of this con­tent can­not be held respon­si­ble for per­son­al invest­ment decisions.

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