The crypto market is in another steep decline. Bitcoin (BTC) lost 8% of its value over the past week, while Ethereum (ETH) saw a 7.6% drop. Cardano (ADA) even recorded one of the biggest losses with a 10% drop.
Although the crypto market has seen better times, there are still some altcoins that are surprisingly performing well despite the challenging conditions. In this article, we will discuss which altcoins they are.
Helium (HNT)
The best performing project at the moment is Helium (HNT). Helium is a decentralized network specifically designed for the Internet of Things (IoT). The goal of the project is to create a wireless network on which IoT devices, such as smart sensors and trackers, can communicate and exchange data over long distances, with low costs and low energy consumption.
HNT has seen a remarkable surge of almost 26% over the past week, bringing the cryptocurrency’s value to $8.48 at the time of writing, its highest value in the past six months.
Starknet (STRK)
In second place we find Starknet (STRK), one of the many Layer-2 (L2) scaling solutions for the Ethereum (ETH) blockchain. Despite the abundance of L2 solutions, Starknet has managed to stand out and is currently ranked 76th in terms of market cap.
Last week, STRK saw a strong growth of 15.6%. Considering the current market conditions, this is an excellent result. The project is still young and reached its all-time high (ATH) shortly after its launch in February this year. Although STRK is currently experiencing a slight rebound, it is still trading more than 91% below its peak value.
Bitcoin SV (BSV)
Bitcoin SV (BSV) also saw significant growth. This digital currency was created through a hard fork of Bitcoin Cash (BCH), which itself was a fork of the original Bitcoin. BSV, which stands for “Bitcoin Satoshi Vision,” was launched in November 2018 with the goal of restoring Bitcoin’s original vision as outlined in Satoshi Nakamoto’s whitepaper.
Over the past seven days, BSV has seen a 7% increase in value, bringing the coin to around $45.50. This is an impressive 112% higher than its year-ago low.
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Source: https://newsbit.nl/deze-3-cryptos-overleven-de-crash-en-stijgen-fors-in-waarde/
