The start of the new year has undoubtedly been a wild ride for cryptocurrency investors, with Bitcoin’s price hitting fresh lows of just below $6,000. While the Wall Street talking heads might have you believe the sky is falling, we’ve actually seen a fairly healthy correction back to Nov. 2017 price levels.

Prices have since rebounded from earlier this week following the Senate Banking Committee hearing testimony from the chairman of the Commodity Futures Trading Commission (CFTC), Christopher Giancarlo, and the chairman of the Securities and Exchange Commission (SEC), Jay Clayton, on the current state of crypto affairs. While some thought that the U.S. would follow suit with crackdowns similar to China and South Korea, the overall outlook from the testimony was exceptionally upbeat.

Here’s a more bullish snippet from the testimony:

We at the SEC are committed to promoting capital formation. The technology on which cryptocurrencies and ICOs are based may prove to be disruptive, transformative and efficiency enhancing. I am confident that developments in fintech will help facilitate capital formation and provide promising investment opportunities for institutional and Main Street investors alike

While most of the market has taken a bath over the last week, certain coins have performed fairly well, including Bitcoin Cash. Here are some of the other notable (non-pump-and-dump) gainers over the last 7 days:

ENTCashENT CASH (+137%)

CoinMarketCap

Description: ENT Cash is the first global entertainment platform based on blockchain technology.

Symbol: ENT

Website: http://entcash.com

Experience PointsExperience Points (+70.62%)

CoinMarketCap

Description: XP is a rewards incentive and digital currency combined to a single blockchain designed to reward gamers, students, people positively contributing to society and providing a universal high street currency.

Symbol: XP

Website: https://www.xpcoin.io

DCORPDCORP (+65.05%)

CoinMarketCap

Description: Decentralized venture capital firm built on the Ethereum blockchain.

Symbol: DRP

Website: https://www.dcorp.it

RevainRevain (+61.26%)

CoinMarketCap

Description: First Trustworthy Review Platform, Built With Blockchain Technology.

Symbol: R

Website: https://revain.org

MobileGoMobileGo (+46.38%)

CoinMarketCap

Description: A dedicated token to bring eSports to everyone

Symbol: MGO

Website: https://gamecredits.com/mobilego

RefTokenRefToken (+39.08%)

CoinMarketCap

Description: The world’s first decentralized affiliate platform

Symbol: REF

Website: https://reftoken.io

carVerticalcarVertical (+34.48%)

CoinMarketCap

Description: The world’s first global and decentralized car history registry built on blockchain.

Symbol: CV

Website: https://www.carvertical.com

MetalMetal (+35.97%)

CoinMarketCap

Description: Transfer money instantly around the globe with nothing more than a phone number. Earn rewards every time you spend or make a purchase.

Symbol: MTL

Website: https://www.metalpay.com

BulwarkBulwark (+35.26%)

CoinMarketCap

Description: Privacy oriented digital currency with Masternodes implemented

Symbol: BWK

Website: https://bulwarkcrypto.com

StatusStatus (+34.91%)

CoinMarketCap

Description: Browse, chat and make payments securely on the decentralized web.

Symbol: SNT

Website: https://status.im

As you can see, a lot of newly launched projects have significantly outperformed the market this past week. Interestingly, a lot of these charts look like they might have formed convincing bottoms. We’ll have to see how things pan out next week.

Visit us again next Friday to check out which coins make the list of top gainers.

More: Bitcoin Price Looks North as Stock Market Falls Again

  • 18
  • 11
  • 81
  •  
  •  
  •  
Loading...