The stock market was relatively quiet this week but that wasn't the case for cryptocurrencies. Another rally took place in some altcoins, driven by investors hoping to find the next cryptocurrency to pop.

According to data provided by S&P Global Market Intelligence, Uniswap (CRYPTO: UNI) jumped as much as 28.8% to lead the charge and is up 19.9% from last Friday's close as of 11 a.m. ET. Quant (CRYPTO: QNT) is up 20.1% in that time, Polygon (CRYPTO: MATIC), is up 17.2%, and Near Protocol (CRYPTO: NEAR) had jumped 14.7%.

Binance, the largest global crypto exchange, said this week its user base grew 30% to 170 million accounts. CEO Richard Teng also said inflows from customers were strong, indicating there's more demand for cryptocurrencies overall.

Continue reading

Source Fool.com