Cosmos-Based Altcoin Defies Crypto Crash, Surges Nearly 40% This Week Amid Flurry of New Partnerships
An altcoin constructed on interoperable blockchain Cosmos Community (ATOM) is surging regardless of the most recent crypto market doldrums.
The native crypto asset of good contract platform OKX Chain (OKT) has seen a major value improve within the final seven days because it inks new partnerships, defying the most recent bear market sparked by the downfall of distinguished crypto change 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 good points and is buying and selling at $24.32 at time of writing.
The 77th-ranked crypto asset by market cap not too long ago introduced a bunch of latest collaborations with different digital property and crypto companies, together with the eco-friendly proof-of-stake meme asset Chihuahua Chain (HUAHUA), social crypto gaming community Sweet Membership, decentralized crypto change (DEX) community Pretty Swap, and market analytics protocol Nansen.
Buyers 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. Buyers also can purchase, promote and trade OKT on the Pretty Swap decentralized crypto change and hold track of their OKT holdings on Nansen.
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Featured Picture: Shutterstock/archy13/WindAwake
