Four low-cap crypto assets are surging, up 90% or more over the course of one week.
As Bitcoin recovered this past week and summited $40,000 again, four altcoins jumped wildly in price, coming off their recent lows.
The first crypto asset making a strong rally is blockchain-as-a-service provider Ardor (ARDR), which holds a market cap of roughly $233 million. The altcoin made significant gains from a seven-day low of $0.14 to a high of $0.35, according to CoinGecko. The move marks a 150% surge in just one week.
ARDR is still down from its all-time high of $2.04.
The second asset turning in big gains this week is Bitcoin Cash ABC (BCHA), which holds a market cap of approximately $863 million. The Bitcoin Cash (BCH) fork moved off a low of $26.18 to a high of $53.62 in just seven days, representing a 104% price increase. The rally brings BCHA closer to its all-time high of $57.59.
Next up is interoperable liquidity network THORchain (RUNE), which hit a low of $3.33 and a high of $6.69 in one week. The move represents an increase of over 100% in just seven days.
RUNE has retraced since its climb and is now trading at $6.21 at time of writing.
Another altcoin making strides this week is deflationary token Tenset (10SET). The crypto asset turned in a major performance this week, jumping by 96% from a seven-day low of $1.23 to a high of $2.41. Tenset holds a market cap of roughly $160 million at time of writing.
As for Bitcoin, the leading cryptocurrency is down nearly 5% on the day, but up over 16% in the past seven days.