The past week was marked by a noticeable increase in the value of several altcoins. Particularly notable was the performance of the memecoin Dogwifhat (WIF), which posted an impressive increase of almost 62% in just 7 days.

This trend wasn’t just set by Dogwifhat; Other crypto coins also showed enormous growth. In this article we take a look at the altcoins that have performed the best recently.

1. Dogwifhat (WIF)

Dogwifhat (WIF), a memecoin launched last December, achieved an impressive new record this week by setting an all-time high (ATH). Starting at just $0.0047 per token in December, WIF’s price recently rose to $3.65.

This increase was marked by a significant price jump of 19.4% in the last 24 hours, bringing the weekly gain to a whopping 62%. The token even peaked at $3.96, although there was a small pullback afterward. This indicates that the $4 threshold represents a strong resistance level.

Thanks to its recent performance, WIF’s market value has risen to more than $3.6 billion, placing it 40th in terms of market capitalization. This is a notable milestone for the coin. Despite its significant growth, WIF still has a long way to go compared to the most prominent memecoins such as Dogecoin (DOGE) and Shiba Inu (SHIB), with a market value of $30.8 billion and $18.1 billion respectively.

2. Bitcoin Cash (BCH)

Bitcoin Cash (BCH), which comes from a fork from Bitcoin (BTC) in 2017, is impressing with its strong performance this week.

The increasing interest from investors is noticeable as the BCH ‘halving’ approaches, a key moment when the reward for mining is halved.

This event, which historically positively affects the value of cryptocurrencies, has led to a significant price increase: BCH saw a 10% increase in just 24 hours and reached a growth of 56% over the week.

This advance has pushed Bitcoin Cash’s price above $600, a level not reached since November 2021.

3. Mantle (MNT)

Finally, we discuss Mantle (MNT), a layer-2 protocol built on the Ethereum (ETH) network. Since its launch in July 2023, this relatively new altcoin has experienced significant growth. Last week, Mantle reached a new high with a record price of $1.24, representing an impressive increase of approximately 50% in value.

Despite only being active for a short time, the network has already achieved a market value of more than $3.7 billion. This success has enabled Mantle to overtake its competitor within the Ethereum layer-2 ecosystem, Optimism (OP), in terms of market value.

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Source: https://newsbit.nl/dit-zijn-de-3-best-presterende-cryptos-van-het-moment-nederlanders-krijgen-gratis-20-euro/



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