Why Litecoin, Internet Computer, and Near Protocol All Surged More Than 10% Over the Weekend

Investors continue to hone in on a number of high-growth pockets of the market in search of the potential for outsized growth. In more speculative corners of the market, such as the cryptocurrency sector, we're seeing massive gains to start the week. As of 12:30 p.m. ET, three notable winners were Litecoin (CRYPTO: LTC), Internet Computer (CRYPTO: ICP), and Near Protocol (CRYPTO: NEAR), which had surged by 10.3%, 26.6%, and 17.7%, respectively, since the close of Wall Street trading Friday.

These moves contrast with the moves of other risk assets on Monday. All three major U.S. indices had slipped by around 0.2% at the time of writing. Accordingly, it does appear that many investors are continuing to allocate capital to this more speculative asset class, with capital inflows into digital assets remaining the core narrative in the market.

However, all of these tokens also have their own unique catalysts powering their recent surges.

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Source Fool.com