Two Crypto Assets Soar 40% or More in Just One Week, Far Outperforming Bitcoin and Ethereum

Two altcoins rose by at least 40% this week, while the two largest cryptocurrencies by market cap, Bitcoin (BTC) and Ethereum (ETH), have stalled.

XRP and Chiliz Fan Engagement Token (CHZ) have increased by 14% and 9% respectively in the last 24 hours alone.

XRP has increased by 48% over the past seven days and CHZ has increased by 40% over the same period.

A cryptocurrency legal expert recently said Ripple’s lawyers should feel confident in the XRP lawsuit with the United States Securities and Exchange Commission (SEC).

Pseudonym CryptoDonAlt cryptocurrency analyst He says SEC lawsuit could increase XRP as Elon Musk did for Dogecoin (DOGE), sharing a graph of the relevant resistances of XRP.

“Elon Musk was at the DOGE.

What could be the SEC case for XRP.

It would be great if it worked the same way, it’s not necessary.

Never any guarantees, but it’s an exciting narrative for what is essentially a meme coin …

I’m down for full posting, these are the relevant resistances

I’ll mercilessly download the moment I get cold feet (and ducks get cold easily – we don’t wear shoes) but until then I’ll be an XRP maximalist. “

Source: CryptoDonAlt / Twitter

CHZ appears to be riding a wave of momentum from a recent fundamental development.

A wave is hype about the project’s work to launch CHZ 2.0, which will be its native blockchain designed for high speed and scalability.

According to Santiment, the CHZ is also seeing a boom in whale activity.

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Featured Image: Shutterstock / Pattern Trends / VECTORY_NT

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