Over the past seven days, three tokens have skyrocketed and showed high returns
Over the past week, three altcoins have increased in value several times. Cake Monster, NuCypher and FairGame have seen skyrocketing growth.
Cake Monster (MONSTA)
The cost of the Cake Monster token has grown by 300% over the week. On October 19, the token price updated its all-time high at $ 0.026. The capitalization of the digital currency has increased to $ 145.6 million. The Cake Monster token has risen in price by 900% in a month.
Cake Monster is a deflationary protocol that buys the Pancake Swap (CAKE) cryptocurrency exchange token using fees from transactions on the network. When the protocol has accumulated more than $ 1 million, the accumulated CAKE tokens will be distributed among the MONSTA holders.
The NuCypher token price has grown by 796% over the past week. The altcoin price renewed its all-time high above $ 2.6 on October 15 after NuCypher began trading on the South Korean exchange UpBit. On October 19, the cryptocurrency is trading at $ 1.29 (down 50% from the high).
NuCypher is a privacy protocol designed to keep data secure in blockchain and decentralized applications (dApps).
Over the past seven days, the price of the FairGame token has grown by 900%. The altcoin price exceeded $ 0.023. On October 19, the cryptocurrency is trading at $ 0.012 with a market cap of $ 8.8 million, according to CoinGecko. In February 2018, the token set an all-time high of $ 0.064.
FairGame is an Ethereum blockchain protocol that online game developers can use to create fair algorithms. The goal of the project is to get rid of inequality between players and give everyone equal rights.