In the world of cryptocurrencies, there is no such thing as a day during which none of the markets moved. Especially during volatile times like these, the lower-cap coins tend to note some interesting changes. This past week was no different, as the following six altcoins all noted pretty steep gains in very quick succession. Sustaining this growth will prove to be rather difficult, for rather obvious reasons.
Counterparty Gains Over 350%
Although many people have all but forgotten Counterparty is still a cryptocurrency project, it seems some people are more than willing to push up the value of this altcoin. Over the past seven days, XCP gained 356% in value, despite having just $31,134 in trading volume. As of right now, one XCP is valued at $2.71, and its total market cap surpassed $7m again. It seems unlikely this uptrend will remain in place for long, albeit one never knows what the future will hold.
TRONCLASSIC is Still a hThing
When it comes to creating “forks” of existing currencies, the launch of TRONCLASSIC did…