Trump Coin, Pudgy Penguins, Pepe Among Top Gainers Last Week, But This One Coin Ran Up Over 100%: What You Should Know

The cryptocurrency market staged a remarkable recovery last week, with several coins posting double-digit gains. Stacks (CRYPTO: ), a Bitcoin (CRYPTO: ) Layer-2 token, outperformed them all.STX Doubles in ValueSTX exploded over 100% to become the market’s most successful cryptocurrency in the last seven days. The gains widened after a 6.45% uptick on Monday.STX’s trading volume spiked 6.36% over the last 24 hours to $437.74 million, signaling strong buying interest.Cryptocurrency7-Day Gains +/-Price (Recorded at 10:30 p.m. ET)Stacks+102.22%$0.2418Ethena +91.72%$0.1579Official Trump +81.80%$2.51Pudgy Penguins +69.31%$0.01012Pepe +63.47%$0.000004186The STX rally followed Bitcoin’s strong weekly gains, which lifted the cryptocurrency to .STX is the native coin of Stacks, a layer-2 solution that helps the development of decentralized applications on the Bitcoin blockchain. Put simply, it helps unlock Bitcoin’s DeFi use cases. Read Also: These Coins Also Returned A HandfulOfficial Trump ranked among last week’s biggest winners, with the President Donald Trump-themed memecoin surging 80% to become the market’s third-largest gainer.PENGU, the native token of popular NFT brand Pudgy Penguins, jumped nearly 70% over the week, while frog-themed memecoin Pepe (CRYPTO: PEPE) lobbed 63%.The overall cryptocurrency market expanded 24% in a week from $2.18 trillion to $2.72 trillion. Read Also: Bitcoin Could 'Teleport' to $90,000 but Ethereum Is Still the More Interesting Coin, Traders Say Photo: Sebastian Duda on Shutterstock.com