Three up and coming altcoins are hugely successful after hitting triple digits within a week when Bitcoin and the crypto market exploded.
This week’s top performing altcoin is Spell Token (SPELL), the governance asset and utility of the decentralized financial protocol Abracadabra Money.
The token rose from a seven-day low of $ 0.0032 to a new all-time high of $ 0.0093. This step means an increase of over 180% in just one week.
Next comes Secret (SCRT), the native asset of the data protection-oriented smart contract platform Secret Network. SCRT has rallied more than 125% from a seven-day low of $ 1.81 to a high of $ 4.41.
The coin has written off some gains since then and is trading at $ 3.2 at press time.
The third altcoin is OMG Network (OMG), a Layer 2 scaling solution for Ethereum. The emerging altcoin rebounded from a low of $ 8.95 to a high of $ 17.88, up 101% in just one week.
Although OMG’s value more than doubled in a week, it’s still below its all-time high of $ 25.62 in January 2018. OMG is currently trading at $ 14.3.
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According to Dailyhodl