However, there were several cryptocurrencies that made spectacular gains of over 1000% within 7 days.
Bitcoin is now worth nearly half of what it was in November when it peaked at $69,000. The price was $35,790 at the time of writing this piece, after plunging as low as $34,000 and following a sharp drop on Friday.
The cryptocurrency has experienced huge price swings as risk appetite has declined due to inflation fears and expectations of a faster pace of interest rate hikes by the US Federal Reserve.
Despite the downturn, some coins have found a way to strive. Nairametrics takes a cursory look at the coins that made above 1000% within 7 days.
Luna Rush token 4,200%
Luna Rush is a strategy-oriented incremental game built on an Anime-style casual hanging-up game.
There are 11 different warriors in Luna Rush, each of which has their own set of skills. Fusion and levelling up are required to enhance the warrior’s strength, as well as learning new talents and providing more weapons. Warriors can be bought on the market or summoned through the game store.
Luna Rush Token has a max supply of 350,000,000 LUS and is built on Binance Smart Chain (BEP-20) Network. This token has made a whopping 4,200% surge within a 7days. With a market cap of $5.656 million, it was ranked #1178. according to coin market cap.
Mars Floki Inu 2,955
Elon Musk’s dog inspired the Mars Floki Inu. Mars Floki Inu, according to the website, is a people’s cryptocurrency designed to free all of humanity from the ravages of inflation.
Mars Floki Inu, by combining the force of memes with genuine utility and charitability, gives power and chance to the underdogs, rather than venture capitalists and hedge funds, according to the developers.
Mars Floki Inu has a total supply of 1,000 trillion Floki and is ranked #4302, according to CoinMarket cap. At the time of writing, this token has made a profit of 2,955.28% within 7days.
CroKing is a multifaceted utility token based on the Hype of Cronos Chain, which offers a fresh start for many crypto investors by breaking away from the traditional BSC and ETH supremacy and rewarding holders with 5% Cro Rewards.
It has a total supply of 1,000 trillion CRK and is ranked #3279 by CoinMarket cap. This token has made a significant profit of 1,024% within 7days at the time of writing this article.