The value of some cryptocurrency has more than quadrupled despite the fall in bitcoin below $ 50,000.
Over the past week, five tokens have more than quadrupled in price. Rapid growth was shown by: Marginswap (MFI), Lydia Finance (LYD), SafeMoney (SAFEMONEY), Ispolink (ISP) and Cake Monster (MONSTA).
Marginswap (MFI)
The cost of the Marginswap token increased by 1025% over the week. The altcoin price reached a local high at $ 3.15.
As of August 27, the cryptocurrency is trading at $ 1.49, and its capitalization is $ 9.6 million, according to CoinGecko. Over the month, the Marginswap token has risen in price by 1557%.
Marginswap is a decentralized trading protocol that supports over-collateralized loans, spot trading, and leveraged token trading.
Lydia Finance (LYD)
The price of the Lydia Finance token has increased by 550% over the past seven days. The asset price reached $ 0.078.
On August 27, the token is trading at $ 0.047. Over the month, Lydia Finance has risen in price by 1200%.
Lydia Finance is an automated market making, pharming and staking platform powered by the Avalanche platform.
SafeMoney (SAFEMONEY)
The price of the SafeMoney token increased by 411% over the week. On August 27, the cryptocurrency reached an all-time high at around $ 0.000000044. Over the month, the SafeMoney token has risen in price by 1886%.
SafeMoney is a profitability and liquidity generation protocol.
It taxes transactions, distributes 5% to holders, and locks in 5% of liquidity.
Ispolink (ISP)
Over the week, the Ispolink token rate has grown by 333%. On August 27, the cryptocurrency is trading at $ 0.0039.
The capitalization of the token exceeded $ 6 million. During the month, the digital coin has risen in price by 465%.
Ispolink is a cross-chain developer platform powered by Binance Smart Chain and Polygon’s Layer 2 scaling technology.
Ispolink enables blockchain companies to find potential employees using artificial intelligence.
Cake Monster (MONSTA)
Cake Monster token value has increased by 325% over the past seven days. On August 27, the digital coin is trading at $ 0.0020, and its capitalization is $ 12.2 million. Over the month, the Cake Monster token has risen in price by 540%.
Cake Monster is a deflationary token that buys the Pancake Swap (CAKE) cryptocurrency exchange token at a fee from transactions on the network.
When the protocol has accumulated more than $ 1 million, the accumulated CAKE tokens will be distributed among the MONSTA holders.
