Supply chain tokens see triple-digit gains as the global economy recovers
Supply chain projects like OriginTrail, Waltonchain and Wabi have rallied in excess of 250% as blockchain interoperability comes into focus. Over the last few weeks, blockchain projects focused on supply chains and logistics have seen tremendous growth as the coronavirus-induced economic gridlock begins to loosen and future concerns related to the global pandemic subside. Three logistics projects that have benefited from the improving economic outlook are OriginTrail (TRAC), Waltonchain (WTC) and Wabi (WABI). Since early February, each has seen its token price increase by up to....
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HOGE, ASS and TABOO are three Binance Smart Chain-based projects that have seen triple-digit rallies after traders rotation into meme coins. This week's surge in popular meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) could be signs that the good times are back and a quick glance at crypto Twitter shows a long list of tweets where aspiring traders discuss buying Lambos, quitting their day jobs and becoming a full-time crypto traders. While DOGE and SHIB are receiving a majority of the attention from media and investors, they are not the only low-priced tokens that have seen a spike in....
While bitcoin has been consolidating for a few days now, a number of other digital assets have seen solid seven-day gains. The two metaverse tokens sandbox and decentraland have skyrocketed over 170% during the last week. Crypto assets like loopring, crypto.com coin, and arweave have spiked in value more than 66% and up to 169% this week as well.
Sandbox, Decentraland, Loopring See Triple-Digit Gains This Week
The price of bitcoin (BTC) has consolidated above the $60K zone for a while now and market performance this week has been rather lackluster. While bitcoin (BTC) gained....
The near triple-digit gains seen in TRAC, XYO and MKR have traders hopeful that an altcoin season is underway. Calls for the arrival of an altseason are growing louder on Nov. 3 after the price action for altcoins is on the rise and Bitcoin (BTC) price lingers at the $62,000 support level. At the moment, gaming tokens, supply chain-related projects and decentralized finance (DeFi) protocols are scorching hot and as shown below, many altcoins posted double and triple-digit gains on Nov. 3.Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets ProData from....
With Bitcoin’s break above $30,000, euphoria is returning to the crypto market, but there are some decentralized finance (DeFi) tokens that are taking the recovery a bit further. Where Bitcoin is seeing single-digit gains on its daily and weekly chart, these DeFi tokens are returning double-digit gains for their investors. Stacks (STX) Stacks (STX) is […]
While financial institutions explore the capabilities of the block chain as a tool for managing finance, the supply chain industry is taking an interest in using bitcoin and the block chain for managing global trade and e-commerce. Rimas Kapeskas, managing director of UPS Strategic Enterprise Fund, the private equity strategic investment arm of UPS, wrote a blog about the advantages of bitcoin on Longitudes, the UPS blog devoted to the trends shaping the global economy. Kapeskas said digital currency and block chain technologies could provide a better platform for global trade and....