Quant, Arweave and Avalanche soar while Bitcoin searches for support
Bitcoin's price is losing its bullish momentum, but this did little to stop QNT, AR and AVAX from notching double-digit gains today. The cryptocurrency market once again entered a period of uncertainty on Aug. 18 as the price of Bitcoin (BTC) struggled to find momentum below $46,000 and large-cap altcoins pulled back slightly.Several projects did manage to buck the trend and post double-digit gains thanks to cross-chain integrations and protocol upgrades that excited their respective communities and provided traders with lower-fee Ethereum network alternatives. Top 7 coins with the highest....
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ArDrive lets users pay a fee once, depending on the price of Arweave tokens, and have their files live forever on the web.
Arweave, which rose by over 44% in the last week, was once again in the green, trading over 10% higher on Monday. This comes as monero slipped in today’s session.
Biggest gainers
Following a bearish January, crypto markets began to rebound within the last week, with arweave being one of the biggest gainers in that period.
To start the week, AR/USD is currently trading 10.32% higher, hitting an intraday peak of $39.81 in the process.
This comes as the decentralized storage network rose by 44% in the last 7-days, as it continues to move towards the....
Avalanche (AVAX) price is seen to soar by 24% or $32 within its consolidation period. A breach projected overshooting the descending parallel channel would nudge AVAX closer to its hurdle or resistance level at $25. After AVAX was able to maintain support at $22.50, a bull run is anticipated to happen. Avalanche was recently rejected at $25 due to strong selling activity which precipitated a rebound seen in the last week of July. The challenge here lies with AVAX ability to soar above the descending parallel channel to stir up a spike of 24% from along the neckline of the inverse....
Quant ended a streak of three consecutive declines on Friday, as prices rebounded following recent losses. The move saw the token bounce towards its recent resistance level of $180.00. Uniswap, on the other hand, remained in the red, falling below a key support point in the process. Quant (QNT) Quant (QNT) rose higher on Friday, as prices rebounded following three days of straight declines. Earlier in today’s session, QNT/USD rose to an intraday peak of $179.15, less than a day after falling to a low of $159.06. The move saw the token rise from yesterday’s one-week low, which came just....
BitMart, a premier global digital asset trading platform, announces a new integration with the Avalanche network and will support its ecosystem. AVAX, the native token of the Avalanche platform, will be listed on BitMart on July 26, 2021. Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, and has […]