Zero to 6,000% in seven days: Dormant altcoins are coming back to life

Cointelegraph

Published Mar 17, 2021 08:36AM ET

Updated Mar 17, 2021 10:20AM ET

A rising tide lifts all boats — even those previously thought to be shipwrecked. At least that’s how it looked on Wednesday when some previously dormant altcoins erupted back to life, experiencing spikes ranging between 3,000% and 6,500% for the week.

Foremost among them was Karma (KARMA), a social media project that originally launched on the EOS blockchain in 2018. Over the past seven days, the dollar value of Karma increased 6,530% as the token climbed from a subcent price of $0.000464 up to $0.030767.

Continue Reading on Coin Telegraph