Four low-market cryptocurrencies are rising and printing massive gains this week as high-value cryptocurrencies such as BTC and ETH continue to decline.
Four altcoins on the rise
One of the most popular altcoins this week is LOOKS, the LooksRare NFT marketplace token that, even surpassed OpenSea.
LOOKS has a market cap of over $627 million and rose from a seven-day low of $1.75 to a high of $4.95, representing gains of 180% in just one week.
While LOOKS has lost some of the appreciation since the peak, analysts believe the token is likely to continue rising in the near term due to the hype surrounding its NFTs marketplace.
Next on the trending token list is FUSE, the native token of the Fuse Network community-centric payment system.
Over the past 7 days, FUSE is up over 124% from a low of $0.83 to a new all-time high of $1.86. The crypto asset then pulled back from its all-time high and is now valued at $1.52.
Another digital asset performing well this week is ANY, the governance token of the decentralized cross-chain protocol Anyswap.
The asset, with a market cap of $502 million, soared from a weekly low of $15.28 to a high of $33.27. This is, therefore, an increase of 117%.
Finally, the last crypto asset is BOO, governance token from Fantom-based automated market maker and decentralized exchange SpookySwap.
BOO has posted gains of 113% this week, rising from a low of $18.59 to an all-time high of $39.73. But BOO also corrected its all-time high, trading at $32.91 at the time of writing.