Shiba Inu Was Top Gainer Last Week Among Top 100 Cryptos — These Coins Also Struck Massive Gains

SHIBA INU SHIB/USD was the top gainer among major coins last week. Here are the coins that rose the most during that time frame.

SHIBA INU: The self-described "Dogecoin DOGE/USD Killer" rose 222.51% over a seven-day period. The ascent in the coin’s price after a crypto whale or whales purchased trillions of SHIB last week. 

A tweet by Tesla Inc TSLA CEO Elon Musk embellished with a photo of his Shiba Inu dog “Floki” sitting in the front trunk of a Tesla vehicle also helped buoy SHIB.

There is also a growing clamor for adding SHIB to the platform operated by Robinhood Markets, Inc HOOD.

See Also: How To Buy Shiba Inu (SHIB)

Stacks STX/USD: The token associated with the open network for decentralized apps and smart contracts built on Bitcoin BTC/USD soared 66.81% for the week.

Stacks shot up this week thanks to the positive news surrounding non-fungible tokens, as per a Decrypt report.

Some of the NFTs that gained traction this week include Bitcoin Birds and StacksPunks, a knock-off of CryptoPunks. 

See Also: EXCLUSIVE: Building On Top Of Bitcoin May Not Be As Popular As Ethereum, Other Blockchains, But We're 'Close To Seeing Some Runaway Success,' Says Stacks

Bitcoin Birds collection traded at 16,651 STX, which StackPunks traded at 620,528 STX, putting the current values of the collections at $36,299.18 and $1.352 million respectively.

Fantom FTM/USD: The token of the highly scalable Decentralized Finance-oriented blockchain gained 46.36% over the last seven days.

FTM touched an all-time high of $2.45 on Friday. A day prior it was reported that flows from Ethereum ETH/USD to Fantom averaged $10-25 million per day over September. 

Independent research firm Delphi Digital noted that flows to Fantom increased by an unprecedented amount due to a new yield farm last week.

Harmony ONE/USD: The Decentralized Applications or DApps project’s token has shot up 41.9% over the week.

The project recently released a development roadmap and over the weekend revealed plans to make its 1wallet integrate Apple Inc’s AAPL payment service Apple Pay.

Notable Mentions: Other gainers over the week included Klaytn KLAY/USD, the token of a project focussing on bringing about a user-friendly blockchain development environment, which rose 43.02% over the last seven days. Bitcoin SV BSV/USD and Bitcoin Gold BTG/USD soared 27.2% and 24.89% during the past seven days as well.

Read Next: Bitcoin Enters A Phase Of Consolidation Amid String Of Bullish News — Ethereum, Dogecoin Head Lower