Exchange listings and NFT boom back Enjin’s (ENJ) 52% rally to a new high
The growing popularity of NFTs and recent exchange listings helped lift Enjin Coin to a new all-time high. Non-fungible tokens (NFT) are rapidly becoming a focal point of the cryptocurrency market as evidenced by stories of millions of dollars being raised in minutes for one-of-a-kind tokenized art pieces and rare collectibles that traders rush to get their hands on. One project that has been benefiting greatly from the resurgence of NFTs is Enjin Coin (ENJ), which broke out to a new all-time high of $0.67 on Feb. 25 following its listing on the Crypto.com exchange as well as the launch of....
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BTC, ETH and altcoins spent most of May trading in the red. So what’s behind XCN’s near-month-long 100%+ rally? May was an incredibly challenging month for the cryptocurrency market as a majority of tokens booked heavy losses as a bear market was confirmed, but not every project dropped back to pre-bull market lows.Chain (XCN), a protocol designed to help organizations launch their own blockchain network or connect with other more established networks, managed to rally more than 120% since May 19. Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $0.0712....
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PRESS RELEASE. Swapping cryptos on an exchange can be incredibly inefficient, as no exchange has all the coins in one fold. VaultSwap – a project by Jason Wright, which is also the CEO zenomatrix.net – intends to offer a solution to this problem. It has several high-paying investment schemes that reward investors for their confidence in the project. What Is VaultSwap? VaultSwap is a blockchain-powered exchange and Yield Farming where you can swap one cryptocurrency for another. VaultSwap is completely decentralized, as it also supports staking applications. Some of the groups....