Four altcoins that have trended hard over the past week are significantly outperforming other crypto assets amid a market-wide rally.
One of the hottest altcoins in the last seven days is Conflux (CFX), a public blockchain that aims to connect Asian and Western societies and economies.
CFX rose from a seven-day low of $0.14 to a high of $0.42 to mark a staggering 200% gain. CFX continues to trade near its highs as it is worth $0.41 at the time of writing.
Next is MASK, the Ethereum (ETH)-based governance token for the Mask Decentralized Autonomous Organization (DAO). Mask Network is a decentralized portal that allows users to access blockchain features on top of existing social networks.
The crypto asset rose from a low of $2.70 on March 13 to a weekly high of $6.66 for a gain of over 146%. Like CFX, MASK is trading near its seven-day high as the altcoin is worth $6.51 at the time of writing.
Another altcoin that is on the rise recently is Stacks (STX), a layer-1 protocol that aims to enable smart contracts and increase the utility of Bitcoin (BTC).
The crypto asset rose from a low of $0.57 on March 12 to a weekly high of $1.30, representing an increase of more than 128%. Stacks have since retreated and are trading at $1.19 at the time of writing.
The last coin on the list is ImmutableX (IMX), a protocol designed to enable developers to build fast, scalable and secure applications for blockchain-based games and non-fungible tokens (NFTs).
IMX climbed from a seven-day low of $0.78 to a high of $1.59 to mark a rally of over 103%. The 45th-ranked cryptoasset is also trading near its weekly high, as the token is worth $1.53 at the time of writing.
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