Four mid-cap altcoins have skyrocketed in value over the past week as most of the market endures a correction.
The native asset for the high throughput blockchain project Elrond (EGLD) is trading at $288.91 at time of writing, according to CoinGecko – up a whopping 60% in the past week.
Last week, EGLD became available for purchase in the U.S. via credit card directly from Elrond’s non-custodial digital wallet app Maiar.
Elrond also hit a $5 billion market cap for the first time over the weekend, and EGLD was listed on the global exchange KuCoin on Monday.
$5 Billion market cap • 750k accounts • 8M transactions • 12.06M staked
Maiar stake statistics:
2 Million $EGLD staked
— Elrond (@ElrondNetwork) September 13, 2021
Next up is the decentralized public network Hedera Hashgraph (HBAR). HBAR is trading at $0.469678 at time of writing and is up more than 50%