Four Altcoins Surge 76% or More in Just One Week in Defiance of Crypto Market Correction
While most of the crypto market continued to suffer through a correction over the past week, a handful of low-cap altcoins skyrocketed in value.
DESO, the native token for Decentralized Social, surged by more than 90% over the past seven days. The 75th-ranked asset by market cap is trading at $140.16 at time of writing, according to CoinGecko.
According to the project website, Decentralized Social aims to be a “blockchain custom built from the ground up to power and scale a new category of decentralized social applications to one billion users.”
Last week when DESO launched, entrepreneur and software engineer Nadir Al-Naji revealed he was also the creator of BitCloud, and previously known only as Diamondhands, The Block reports.
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