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Five red-hot cryptocurrencies all with a market capitalization between $250 million and $8 billion have registered triple-digit percentage gains within seven days.

First up is the utility token of Bitfrosts (BFC) multichain ecosystem. The altcoin has surged by 268% after rising from a seven-day low of $0.19 to a high of $0.70, according to CoinGecko.

BFC has since pulled back and is trading at $0.62 at the time of writing.

Another blazing altcoin as of late is the governance token of decentralized virtual space project Starlink (STARL). The token has skyrocketed by 235% from a low of $0.0000085 to a high of $0.000028 in just one week.

At the time of writing, STARL is trading at around $0.000026.

Next up is the native token of smart contracts platform Avalanche (AVAX), which has gone up by 177% within seven days. The altcoin has appreciated from $18.79 to $52.15 during that period according to CoinGecko.

AVAX has given up some of the gains and is at time of writing priced at $46.30.

Fourth on the list is the native token of digital collectibles and gaming network WAX (WAXP). The altcoin has rallied from a seven-day low of $0.16 to a high of $0.44, marking an increase of 175% within a week.

Even after WAXPs massive rally, it is still far from its all-time high of $2.77.

The last altcoin making huge gains in the past week is the native token of decentralized finance platform Coin98 (C98). The crypto asset ignited a big upswing this week from a low of $1.42 to a new all-time high of $3.38, representing gains of 138% in seven days.

After posting its all-time high, C98 has taken a breather and is now valued at $3.14 at time of writing.

Featured Image: Shutterstock/Design Projects

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Five Red-Hot Altcoins Record Gains of 138% or More Within One Week - The Daily Hodl