Frontier, Ren and Keep Network book 20% gains as Bitcoin claims $48K
Bitcoin’s surge above $48,000 catalyzed a strong move from REN, KEEP and FRONT.
Auto Added by WPeMatico
Bitcoin’s surge above $48,000 catalyzed a strong move from REN, KEEP and FRONT.
RGT, CRV and SNX saw double-digit rallies after new governance proposals and migrations to layer-2 platforms.
An exchange listing and a foray into NFTs and play-to-earn gaming back GALA’s 270% rally to a new high.
ONE price gained more than 100% after announcing plans to launch a $300 million ecosystem development fund.
The bullish setup emerges as traders raise their upside bets in smart contract protocols that rival Ethereum.
LUNA price rallied to a new high above $45 following the launch of the ‘Project Dawn’ funding initiative and the upcoming Columbus-5 mainnet upgrade.
Ethereum competitors and layer-one projects are capitalizing on the network’s untenable gas fees by launching mining and developer incentives that are also boosting token prices.
This key trading metric alerted traders to FTM’s bullish outlook on each turn of the altcoin’s parabolic 500% rally.
NEAR, ALGO and CVP notched gains in excess of 37% while the wider market attempts to recover from Tuesday’s sharp correction.
Increased interoperability between blockchain networks and the release of Overledger 2.0.5 are just a few of the reasons for QNT’s 200% rally in August.