This crypto jumps 23% in a week, even as Bitcoin, Ethereum and Dogecoin tumble

Stacks STX/USD is up over 23% in the past seven days, trading at $0.30, recorded Monday at 12:00 AM EST.

What happened: Apex cryptocurrency Bitcoin BTC/USD lost 2.23% in the past seven days, falling below $17,000, while Ethereum ETH/USD lost 3.92% and Dogecoin DOGE/USD fell 16.52% over this period.

Crypto-currency Weekly performances Price (Monday, 12:00 p.m. EST) Battery +23.14% $0.30 Trust Wallet +2.66% $2.66 YourCoin +1.99% $1.99 Axie Infinity +7.66% $7.66 EOS +0.98% $0.98

Learn more: Best Crypto Day Trading Strategies

Stacks is a blockchain-based layer 1 solution designed for Bitcoin. It allows network participants and DApp creators to build DeFi applications, execute smart contracts, and create NFTs (non-fungible tokens) for Bitcoin.

According to data from LunarCrush, STX is showing strong social activity in a tough market. On Monday, the token's social mentions measured daily hit their highest level in the past 90 days.

Second on the list is Trust Wallet's native token TWT/USD, up 10.29% in the last 24 hours. TWT received immense attention following the FTX crash, which sent shockwaves through the crypto market and prompted customers to adopt custodial wallets to protect their cryptocurrencies.

Third on the list is TonCoin TON/USD which peaked at 9.10%. Axie Infinity AXS/USD was fourth on the list, gaining 7.36%, after announcing the decentralization of the project.

EOS EOS/USD was last on the list, up 4.74%, over the past seven days.

Read next: Bitcoin, Ethereum, Dogecoin drop as attention turns Toward Fed Meeting: Analyst Says Apex Crypto Could "Run" For $18,000 If That Happens

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.