An altcoin constructed on interoperable blockchain Cosmos Community (ATOM) is surging regardless of the newest crypto market doldrums.
The native crypto asset of smart contract platform OKX Chain (OKT) has seen a major value improve within the final seven days because it inks new partnerships, defying the newest bear market sparked by the downfall of outstanding crypto alternate platform FTX.
OKT, an Ethereum (ETH) Digital Machine (EVM)-compatible layer-1 protocol constructed on Cosmos, rallied from a low of $19.54 on December tenth to a weekly excessive of $27.28 on December sixteenth, marking a 39.61% surge in lower than seven days.
The altcoin has given up a few of its beneficial properties and is buying and selling at $24.32 at time of writing.
The 77th-ranked crypto asset by market cap just lately introduced a bunch of recent collaborations with different digital belongings and crypto corporations, together with the eco-friendly proof-of-stake meme asset Chihuahua Chain (HUAHUA), social crypto gaming community Sweet Membership, decentralized crypto alternate (DEX) community Beautiful Swap, and market analytics protocol Nansen.
Traders can now transfer HUAHUA and OKT between the Chihuahua Chain and the OKX Chain, and use OKT tokens to play over 677 Sweet Membership video games. Traders may purchase, promote and trade OKT on the Beautiful Swap decentralized crypto alternate and hold track of their OKT holdings on Nansen.
Disclaimer: Opinions expressed at The Day by day Hodl should not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal threat, and any loses chances are you’ll incur are your accountability. The Day by day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Day by day Hodl an funding advisor. Please word that The Day by day Hodl participates in online marketing.
Featured Picture: Shutterstock/archy13/WindAwake