Four Altcoins Breakout 103% or More in Seven Days as Crypto Markets Wake Up

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Four altcoins that have been trending strongly over the past week are significantly outperforming other crypto assets amid a market-wide rally.

One of the most popular altcoins of the past seven days is Conflux (CFX), a public blockchain that aims to connect Asian and Western communities and economies.

CFX rose from a seven-day low of $0.14 to a high of $0.42 to mark a staggering 200% rise. The CFX continues to trade near its highs as it is worth $0.41 at the time of writing.

Next is MASK, the Ethereum (ETH)-based governance token of the decentralized autonomous organization Mask (DAO). The 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%. Much like CFX, MASK is trading near its seven-day high as the altcoin is worth $6.51 at the time of writing.

Another altcoin that has been on the rise lately is Stacks (STX), a layer 1 protocol that aims to enable smart contracts and boost the utility of Bitcoin (BTC).

The crypto asset skyrocketed from a low of $0.57 on March 12 to a weekly high of $1.30, representing an increase of more than 128%. Stacks has since retreated and is trading at $1.19 at the time of writing.

The final piece on the list is ImmutableX (IMX), a protocol designed to enable developers to build fast, scalable, and secure applications for blockchain-based games and non-fungible tokens (NFTs).

IMX moved from a seven-day low of $0.78 to a high of $1.59 to mark a rally of over 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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Featured Image: Shutterstock/Digital Store/KWstudio

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