This Altcoin Increased 12280% In 24 Hours – With the rise of bitcoin (BTC) in recent weeks, the cryptocurrency market has been very active. Bitcoin’s rise was followed by some leading altcoins such as XRP and XLM. In particular, both altcoins gained more than 100% in value per week, ranking themselves among the most valuable assets of the week.

As of this week, however, significant increases in altcoins continue. Ethereum (ETH) rose 3.48% in the last 24 hours, XRP 2.78%, Cardano (ADA) 5.80%, Neo (NEO) 3.45% and VeChain 9.16%.

Among the little-known altcoins, a token called ONOToken (ONOT) has risen by 12327% in the last 24 hours. To provide itself with infrastructure for application deployment, development environment, smart contract development, traffic deployment, and publishing EOS.IO the weekly gain of the token of the project, which describes itself as a public chain developed in its software, was 16663%. As of the time of issue, the Token is trading at $ 0.0133.

Although such altcoins are the scene of serious rises, they are known to not give much confidence. Cryptocurrency analysts, who have made statements about such tokens, have shown serious rises and warn about the risks of cryptocurrencies that are not very well known. Investors need to be careful about which cryptocurrency to invest in at this point.

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