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Home Altcoin News

Two Ethereum-Based Altcoins Erupt in Defiant Rallies, Outrunning Bitcoin and Crypto Markets in Week of Wild Volatility

by admin
May 14, 2022
in Altcoin News
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Two Ethereum (ETH)-based altcoins are bucking the pattern and making gains today regardless of the extensive crypto crisis.

The native token for blockchain innovation business Chain (XCN) is rising by more than 30% today from a low of $0.071 to a high of $0.091.

The 51st-ranked crypto property by market cap has actually fixed considering that and is trading at $0.084 sometimes of writing.

Deepak Thapliyal, president of Chain, motivates designers who’ve lost their tasks due to existing market conditions to obtain tasks at his business.

? Builders: If for any factor these market conditions have actually cost you your task, due to situations out of your control, please obtain a position at @Chain. We are actively working with skill. Chain continues to be in develop ? mode & is remote-first ??

? https://t.co/zN0XGSfoy8

— Deepak.eth ? (@dt_chain) May 12, 2022

This week, XCN likewise ended up being available on Binance Smart Chain, according to Thapliyal.

“XCN is now available on Binance Smart Chain with liquidity incentives on PancakeSwap. Users can bridge their ERC-20 XCN using Huobi or Gateio as well as utilizing the PortalBridge through Wormhole.”

Not to be surpassed, FLEX Coin (FLEX), the native token of CoinFLEX, a Hong Kong-based futures exchange platform, leapt over 33% today from a low of $3.72 to a high of $4.95. The 124th-ranked crypto property by market cap is trading at $4.82 sometimes of writing.

On Thursday, CoinFLEX’s stablecoin, flexUSD, rose to a high of $1.09 and then dropped to a low of around $0.93, however the property has actually considering that supported to $1.00.

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Disclaimer: Opinions revealed at The Daily Hodl are not financial investment guidance. Investors ought to do their due diligence prior to making any high-risk financial investments in Bitcoin, cryptocurrency or digital possessions. Please be recommended that your transfers and trades are at your own danger, and any loses you might sustain are your obligation. The Daily Hodl does not advise the purchasing or selling of any cryptocurrencies or digital possessions, nor is The Daily Hodl a financial investment consultant. Please keep in mind that The Daily Hodl takes part in affiliate marketing.

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