These 3 crypto coins are rising explosively: Here’s why

Although the crypto market remained mostly stable over the past week with only slight declines or increases, there are always projects that stand out. Even during these relatively dull days, smart investors could have made significant gains if they had invested in the right tokens.

Dogwifhat (WIF)

One of the biggest risers of the past week is Dogwifhat (WIF). Based on the Solana (SOL) blockchain, this memecoin was launched in late November 2023. Like its competitors Dogecoin (DOGE) and Shiba Inu (SHIB), Dogwifhat also has the Shiba Inu dog breed as its mascot.

Even though the project is less than a year old, we can already consider WIF as an important player in the crypto world. With a market capitalization of $2.5 billion, the coin currently ranks 40th in the rankings. Over the past week, the token gained 16.3%, and since launch its total growth has been impressive: a whopping 160,850%.

Uniswap (UNI)

In second place is the well-known decentralized finance (DeFi) project Uniswap (UNI). Uniswap is a decentralized crypto exchange (DEX) running on the Ethereum (ETH) blockchain. The exchange allows users to trade tokens without the intervention of a central party, which is fully in line with the original vision behind blockchain technology: decentralization and self-governance.

Uniswap is an established name within the DeFi sector and has a market capitalization of over $6 billion, placing it in 20th place. This past week, Uniswap managed to impress with an increase of almost 20%, resulting in the highest valuation of the past three months.

Popcat (POPCAT)

However, the biggest winner of the week is Popcat (POPCAT). This memecoin, which is based on a cat meme, has attracted a lot of attention lately due to its impressive performance. Popcat was founded in December last year and has experienced rapid growth since then. Four days ago, the token reached a new all-time high (ATH) of $1.47, taking the 65th spot in market capitalization.

Over the past week, Popcat has shown a growth of no less than 25.8%, and over the past 30 days the growth has even increased to over 200%.