Bitcoin (BTC) is about to close for another week with the value falling closer to $ 30,000, however, the same bearish comment cannot be made for all altcoins. On Friday, a number of smaller cap altcoins managed to beat the bearish attack and double digit traits before traditional markets closed for the weekend.
Information from Cointelegraph Markets Professional and TradingView shows that NEM (XEM), Augur (REP) and District0x (DNT) were the highest climbers to date in 24 hours.
It’s worth noting that 4 of the 7 top winners are Layer-One protocols, an attention-grabbing growth at a time when the value of Ether (ETH) is falling below the $ 2,000 mark and the neighborhood is excited to see if the upcoming London Arduous Fork is improving. Ether value and the transaction history within the community.
NEM / USDT
Information from Cointelegraph Markets Professional and TradingView shows that after a month in which the usual 24-hour buy and sell amount for NEM was $ 50 million, demand for the token rose on July 16 as the amount rose to $ 532 million rose up – dollars rose and its value – rose 35% to $ 0.151.
The increase in value follows the announcement on July 13th that Image (XYM), an enterprise blockchain protocol developed by the NEM Group, has agreed to cooperate with the Colombian authorities.
REP / USDT
In response to information from TradingView, REP’s value began to surge on July 13, after 24/7 purchases and sales increased from $ 17 million per day to over $ 521 million on July 14.
Due to the sudden surge in buying and selling volumes, REP’s value rose 57% from a low of $ 14.60 on July 13 to an intraday excess of $ 22.97 on July 16.
While there isn’t an easily identifiable reason for the sudden curiosity, scrolling through the Augur’s Twitter feed shows that the community’s predictions are still lively. “And” Who will win the Final Combating Championship between Connor McGregor and Dustin Poirier? “
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DNT / USDT
The third largest winner on July 16 was Distric0x, a protocol that describes itself as the Community of Decentralized Markets and Communities, focused on serving customers, is building its own Decentralized Autonomous Organizations (DAO).
Information from Cointelegraph Markets Professional and TradingView shows that DNT’s buying and selling volume rose from $ 3 million to over $ 60 million on Friday, resulting in a 73% rally from $ 0.112 on an intraday – Excess of $ 0.193 resulted.
At the time of writing, DNT had since dipped to $ 0.133, up 17.35% for the day.
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