The crypto market shows green candles, with three growing altcoins projects skyrocketing massively. Notably, Bitcoin, Ethereum, and the entire crypto markets shows signs of recovering few days ago.
Axie (AXS), the administrative token for the blockchain-based game Axie Infinity is seeing massive spike. This is after recording a seven-day low of $58.93, according to information from CoinGecko.
Additionally, AXS sees a new all-time high of $120.91, amounting to a 105% rise within one week.
However, The crypto asset makes little declines and currenting is trading at $112.85.
Also, Altcoin WOO is the utility token of Woo Network’s centralized finance and decentralized finance products. Of course, it joins among the few making serious rise lately.
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More so, The crypto asset is seeing is more than 126% within seven days, from a low of $0.46 to a high of $1.04.
WOO’s rise in value correlates with Woo Network’s significant rise in terms of trading volume.
“All eyes were on the counter over at woo.org, which at its peak recorded a staggering $2.5 Billion 24-hour volume…”
“… — smashing all previous records and doubling in less than 24 hours….
“These impressive volumes were largely due to a liquidity partnership with dYdX Protocol,…”
“…in which WOO Network’s parent company, Kronos Research, are key market makers on the platform, hedging through WOO Network and bringing in impressive volumes.”
Currently, WOO is settling and trading below its all-time high of $1.38.
Furthermore, The third altcoins seeing massive spike this week is RARI. RARI is the native asset of the non-fungible token (NFT) marketplace Rarible.
Reports shows that RARI rose low of $12.04 to a high of $19.15, meaning an increase of 59% in one week.
Conclusively, Rarible is currently now the eighth-largest NFT marketplace by number of daily active traders.
