Four Low-Cap Crypto Assets Spike More Than 100% Within One Week

Four altcoins, all of which individually boast a market capitalization of below $600 million, have recorded growth of over 100% in just seven days.

At the top of the list is TrueFi (TRU), a decentralized finance (DeFi) protocol that supports uncollateralized lending. According to CoinGecko, TRU surged from a seven-day low of $0.14 to $0.75, marking an increase of over 435% in just seven days.

TRU has retraced since and is now valued at $0.50.

Another red-hot altcoin over the past week is Badger DAO (BADGER), a decentralized autonomous organization focused on building products and infrastructure to simplify the use of Bitcoin (BTC) as collateral across decentralized finance (DeFi) platforms. CoinGecko shows that BADGER rallied from a low of $10.83 to a high of $30.64 in just one week, representing an increase of 182%.

Even after the massive rise, BADGER is still down from its all-time high of $89.08, which was recorded early this year.

Next up is Cartesi (CTSI), which is an operating system for decentralized applications (DApps). According to CoinGecko, CTSI went from a seven-day low of $0.42 to a high of $1.07 for an explosion of over 154%.

Cartesi has corrected after posting the seven-day high, and it is now hovering around $0.75.

The fourth coin is financial contracts platform Ergo (ERG), which rallied 128% from a low of $5.65 to $12.93 in just seven days, according to CoinGecko. At time of writing, ERG is trading at $12.43, up over 24% in the last 24 hours.

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Featured Image: Shutterstock/Mia Stendal

Source: https://dailyhodl.com/2021/08/11/four-low-cap-crypto-assets-spike-more-than-100-within-one-week/