Growth by 2092%. Which altcoins rise the most in a week

The DIFI token of the decentralized digital marketplace showed the largest growth

12.05.2023 - 14:00

421

3 min

What’s new? According to the analytics portal Cryptorank, several altcoins over the past seven days showed significant growth in the range from 416% to 2092%. The projects in question are Digital Files (DIFI), Pendulum (PEN), Growth DeFi (xGRO), BonFi (BNF), and Legends (LG).

Cryptorank’s data

What is known about tokens? DIFI is a utility token needed to use the digital decentralized marketplace DIFI.Market, where users can sell their digital files such as video and audio recordings, games, and databases. The asset has risen by 2092% in seven days and is trading at $0,04029 as of May 12, 13:50 UTC, according to aggregator CoinMarketCap.

Pendulum’s interoperable blockchain is designed to connect the fiat ecosystem with decentralized finance (DeFi) through a network of smart contracts, an automated market maker (AMM), and lending protocols. It addresses the growing demand for liquidity. In the last 7 days, the price of the PEN token has risen by 452% to $0,2504.

LADYS meme token rises in price by 12 000% in 24 hours. Why did this happen

There is increased interest in this kind of project on the market

Read further

Growth DeFi provides an advanced suite of products for blockchain protocols and investors to help improve their capital efficiency. Owners of the xGRO token receive income from the ecosystem’s products and can also engage in farming. Within a week, the token’s rate rose by 448% to $0,320041.

BonFi is a multi-level liquidity mining platform, complete with a diversified artificial intelligence-based liquidity pool that allows users to access a basket of underlying crypto assets. The BNF token has seen a 419% increase in value over the week, reaching $0,0000647.

LG is the native token of the GameFi ecosystem of the fantasy game Legends based on the Arbitrum network. The project’s website states that LG is owned by the community and will be used in all of the ecosystem’s applications. The rate rose by 416% for the week, the asset is trading at $0,00002002 at the time of writing.

GetBlock Magazine’s previous selection of the five most appreciated altcoins of April can be viewed at the link.

Author: