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With One Week Crypto Market Correction, Four Altcoins Spikes 76%

The last week corrections continues taking tolls on the crypto market. However, a good number of low-cap altcoins continues hitting the top level in value.


DESO is the native token for Decentralized Social with records over 90% over the past seven days. Additionally, DESO is in number 75th via market cap and currently is trading at $140.16 at time of writing, according to CoinGecko data.


The project website reveal further on the Decentralized Social target
“blockchain custom built from the ground up to power and…”
“…scale a new category of decentralized social applications to one billion users.”


When DESO went live last week, entrepreneur and software engineer Nadir Al-Naji revealed he also created BitCloud. Which is formerly known only as Diamondhands.


Additionally, Many venture gives $200 million investment capital to Al-Naji for the new project. More so, some of this venture firms includes Andreessen Horowitz, Sequoia, Social Capital, TQ Ventures. Also, Coinbase Ventures, Winklevoss Capital, Polychain Capital, Pantera Capital, and Arrington Capital.


Market Further Details


Also, The native token for the financial technology (fintech) payment solutions platform COTI (COTI) rises by 86.6% in the past week. COTI is the 140th asset by market cap and is currently trading at $0.586221 at time of writing. Notably, Coinbase shows support for COTI in all its platforms last month.


Furthermore, DYDX is a native token for the decentralized margin trading platform dYdX. DYDX sees a 86.6% rise over the past week. It sits at number 91 by market cap and currently trading at $21.98 at time of writing.


DeFi trading platforms sees rapid growth in the wake of China’s latest ban on cryptocurrency
So, CELR is the native token for the layer-2 scaling platform Celer Network and sees a 76.9% rise last week. It sits at number 104 via market cap and currently trades at $0.156322 at time of writing.


The reports says, Celer Network’s multi-chain network cBridge sees a doubling of its transaction volume in the last week.
“Today Celer’s cBridge surpassed $200M in total transaction volume a week after hitting $100M…”


“...No sweat. Just a start🏃. Our community can expect more from us.”
🌉cBridge supports the most number of chains with the lowest fee in fully non-custodial mode.
— CelerNetwork (@CelerNetwork) September 25, 2021

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.