Most cryptocurrencies are currently facing losses. There are, however, a few exceptions that demonstrate strength. In addition to Shiba Floki (FLOKI) and Polkadot (DOT, we reported), these are currently Tron (TRX), Cosmos (ATOM) and Tezos (XTZ).
TRON (TRX): awakened from slumber?
TRON (TRX) has experienced a strong run in the last 24 hours that has not been seen for months: From local lows at 0.0092 dollars yesterday, the price shot today to a new local high at 0.1178 dollars – an increase of 5% since yesterday. Since then, TRX has pulled back slightly, currently trading at $ 0.10.
TRON has plenty of catching up to do as its recent all-time high of 30 cents is more than 65% away. It is quite possible that the course will continue to increase in the next 48 hours, because the “TronApes” NFTs will be launched on the blockchain on September 15.
– # JTS🌎❤️🇨🇦 🌞🌞🌞 (@JTS_Global) September 13, 2021
Cosmos (ATOM) shoots to new all-time high
Cosmos (ATOM) has just had its highest weekly closing in a long time, the crypto currency now seems to be finally waking up, as professional trader Michaël van de Poppe comments.
Massive movements of Layer 1’s lately.
It’s a good time of the year.
– Michaël van de Poppe (@CryptoMichNL) September 12, 2021
Expressed in numbers: ATOM was able to gain almost 6% within 24 hours, following an already strong week with gains of currently almost 16%. In the course of the price explosion, ATOM also succeeded in setting a new all-time high at $ 36.89. ATOM is currently trading at $ 30.85 and could try to get a leg up again after consolidating. In advance, however, there is also the possibility that traders will realize profit-taking and further short-term losses will occur as a result.
Tezos (XTZ): 11% in 24 hours
The Tezos blockchain (XTZ) is also benefiting from the boom in smart contract platforms such as Avalanche (AVAX) or Solana (SOL): XTZ has increased 11% in the last day, based on the week Tezos even recorded an increase of almost 22%.
Buyers are currently hitting XTZ, because the trading volume has also increased by more than 113% within 24 hours. The Tezos bulls are currently making every effort to bring the coin back to its all-time high: That is $ 8.40 and therefore not far off. One of the reasons for the XTZ rally is likely to be the upcoming integration into OpenSea, currently the most popular marketplace for NFTs:
Thanks to.@ jebus911 for sharing this with me.
Probably coming and why $ XTZ has decoupled from the market 🤣. Truly had no idea
If I had to guess based off his guess. It makes sense with all that’s happened and with the beginning of their advertising.
Opensea integration https://t.co/bmh8oLq3gK pic.twitter.com/hnxsjRYUaA
– 🧸🔫🐧Pentoshi Wont DM You (@ Pentosh1) September 12, 2021
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Last updated on September 13, 2021
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