Four altcoins that almost doubled in price in a week
Four altcoins that almost doubled in price in a week.
Over the past week, the value of four altcoins has increased by more than 90%: Ardor, Bitcoin Cash ABC, THORchain, and Tenset. This happened against the background of Bitcoin reaching $ 42.5 thousand on August 1. After that, the price of the main cryptocurrency fell below $ 40 thousand. At the time of this writing, on August 2, Bitcoin is trading at $ 39.6 thousand.
The value of the Ardor token has risen by 150% over the past seven days. Back on July 26, the digital coin cost $ 0.14. By July 31, its price rose to $ 0.35. On August 2, the cost of the token is $ 0.23. Ardor’s market cap surged to $ 233 million over the week, according to CoinGecko.
Ardor (ARDR) is a public blockchain platform (Blockchain-as-a-Service) that aims to easily exchange cryptocurrencies between companies.
Bitcoin Cash ABC
The price of Bitcoin Cash ABC has increased by 122% over the week. On July 26, the digital coin traded at $ 28.7. On August 2, the value of the token reached an all-time high at $ 63.9. Bitcoin Cash ABC capitalization is $ 1.1 billion.
Bitcoin Cash ABC is one of two cryptocurrencies that emerged after the split of the Bitcoin Cash network. Bitcoin ABC and Bitcoin SV are two Bitcoin Cash hard forks. The separation of networks occurred on November 15, 2018, due to disagreements between the two development teams of the project.
The price of the THORchain token has increased by 85% over the past seven days. On July 27, the digital coin was worth $ 3.66. On July 31, it exceeded the $ 6.69 mark. As of August 2, the token is trading at $ 6. THORchain capitalization exceeded $ 1.6 billion.
THORCHain is a decentralized financial protocol that makes it easy to exchange cryptocurrency assets between different networks while retaining ownership of your assets at every stage.
The value of the Tenset token increased by 95% over the week. As early as July 27, it was $ 1.23. On August 1, the price of the digital coin exceeded $ 2.41. As of August 2, the token is trading at $ 1.93, and its capitalization is $ 163 million.
TENSET is a deflationary token with a built-in takeover mechanism that provides an ever-increasing minimum price level when tokens are removed from the circulating supply.
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