Four altcoins that have been trending strongly for the past week are significantly outperforming other crypto assets amid a market-wide rally.
One of the most popular altcoins in the past seven days is Conflux (CFX), a public blockchain that aims to connect Asian and Western communities and economies.
CFX surged from a seven-day low of $0.14 to a high of $0.42 to mark a staggering 200% gain. CFX continues to trade near its highs, as it is worth $0.41 at the time of writing.
Next up is MASK, the Ethereum (ETH)-based governance token of Mask’s decentralized autonomous organization (DAO). Mask Network is a decentralized portal that allows users to access blockchain features in addition to existing social networks.
The crypto asset rose from a low of $2.70 on March 13 to a weekly high of $6.66 for an increase of more than 146%. Like CFX, MASK is trading near its seven-day high, as the altcoin is worth $6.51 as of this writing.
Another altcoin that is on the rise lately is Stacks (STX), a Layer 1 protocol that aims to enable smart contracts and increase the utility of Bitcoin (BTC).
The crypto asset shot up from a low of $0.57 on March 12 to a weekly high of $1.30, marking an increase of more than 128%. Stacks has since pulled back and is trading at $1.19 at the time of writing.
The last coin on the list is ImmutableX (IMX), a protocol designed to enable developers to build fast, scalable, and secure gaming applications based on blockchain and non-fungible tokens (NFTs).
IMX rose from a seven-day low of $0.78 to a high of $1.59 to mark a rally of more than 103%. The 45th ranked crypto asset is also trading near its weekly high, as the token is worth $1.53 at the time of writing.
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