In recent weeks, several coins have appeared on the cryptocurrency market at once, which have shown multiple growth in a short period of time.
The lull in the crypto market was interrupted when at the end of July the bitcoin rate broke out of a narrow range, rising to $ 42.4 thousand, after which on August 10 it reached $ 46.7 thousand.
Against this background, altcoins began to actively grow again, some of which for for a short period of time, prices rose by hundreds and even thousands of percent.
Profitability over 1000% in July
Last month, three tokens went up in price by more than 1000% at once . Wall Street Games (WSG) coin showed high profitability, which increased in price by 3717% in July. Altcoin quotes FaraLand rose by 1560%, and Mist – by 1194%.
26,000% growth in three weeks
On August 6, the price of the Alchemy Pay token reached an all-time high of $ 0.19.
At the same time, on July 28, the altcoin was trading at the level of $ 0.0018. Over the week, the value of the asset has grown by almost 10,000%.
On July 2, CryptoBlades token traded at $ 0.7, and on July 24, its price reached $ 184.4 at its peak. In three weeks, the cryptocurrency has risen in price by 26,200%.
A relatively more modest growth was shown by the DAOBet coin, which traded at $ 0.0009 on July 15, and reached $ 0.05 by August 11. In a little less than a month, the value of the cryptocurrency has grown by 5455%.
50,000% growth by mistake
On July 31, as a result of a failure on the 0x protocol decentralized crypto exchange, the Coinmarketcap site began to display a 50,000% increase in the value of the Dogelon Mars token.
Altcoin even got into the top 10 cryptocurrencies in terms of capitalization for several hours. At the same time, during the failure period, the real price of the coin increased by 160%.
More modest, but real growth
At the end of July, four tokens doubled in price at once. For example, the price of Ardor increased by 150% over the week, Bitcoin Cash by 122%, THORchain by 85%, and Tenset by 95%.
Also, the price of the Perpetual Protocol coin has risen by 75% in seven days, and the Quant has risen by 83%.
In early August, several tokens also showed an increase of 1.5 times or more. For example, the price of Ravencoin has risen by 105%, Internet Computer has risen in price by 62%, Voyager Token by 61%, and Elrond by 54%.
400% profit per day
On August 5, in less than a day, the value of the TRU token increased by almost 400%, and the market capitalization exceeded $ 312 million.
On August 11, the price of the Harvest Finance coin instantly rose by 391% after the start of trading on the Binance cryptocurrency exchange.
At the same time, another cryptocurrency was added, Alpaca Finance, which showed an increase of 78% at the start.
Rise on Messi transfer rumors
After Lionel Messi announced his departure from Barcelona, PSG’s fan token has grown 137% in 4 days.
Later it became known that the player received a part of the welcome bonus in fan tokens. Messi has signed a two-year contract with the French club with a one-year extension option.
