Altcoins benefit from all-time highs from Bitcoin, with 3 tokens increasing by up to 50% per week: OKB, SAFEMOON and KCS

Historic highs for Bitcoin (BTC) were already posted this week against several major fiat currencies, including the euro, all of which were fueled by the launch of the ProShares BTC ETF, which moved over a billion dollars on its first day of trading yesterday afternoon .

An increase of more than 100% in less than 45 days since the cryptocurrency’s value fell to nearly $ 30,000 driven by regulatory uncertainties and China-related problems. In weekly accumulation, Bitcoin is up 18%, according to Coingecko.

In the same period, three tokens stand out with a cumulative appreciation of more than 30%: OKB (OKB) 49.9%, Safemoon (SAFEMOON) 39% and Kucoin Token (KCS) 31.9%.

OKB (OKB) 49.9%

Altcoins benefit from all-time highs from Bitcoin, with 3 tokens increasing by up to 50% per week: OKB, SAFEMOON and KCS
Altcoins benefit from all-time highs from Bitcoin, with 3 tokens increasing by up to 50% per week: OKB, SAFEMOON and KCS

OKEx like Binance has its native utility token known as OKB, which was launched in 2018. It works on the Ethereum blockchain and is based on the ERC-20 standard.

Source: Coingecko

OKEx’s utility token price is now $ 23.88, up 25% over the past 24 hours and a cumulative weekly increase of 49.9%. OKB’s market value is $ 6.33 billion. The token’s 24-hour volume is $ 926.94 million, with an amount in circulation of 265,115,438 and a high of 300,000,000. OKB is listed on 25 exchanges, the main ones being: OKEx ($ 839.38 million), FTX ($ 42.43 million) and BitMart ($ 9.95 million).

OKB hit an all-time high of $ 42.42 6 months ago. On the final day, OKB had a transparent volume of 5% and was trading in 210 active markets, the pairs with the highest trading volume: USDT ($ 700.31M), ETC ($ 115.65M) and 42.43M. USD.

Safemoon (SAFEMOON) 39%

The SafeMoon token is an alternative cryptocurrency introduced by a decentralized platform of the same name.. The coin was launched in March 2021 and quickly gained more than a million investors. According to the platform’s protocol, the token performs three main functions during trading, namely reflection, LP detection and burning. It’s a purely community project.

Source: Coingecko

Today’s SafeMoon price is $ 0.00000212, an increase of 12% over the last 24 hours and a cumulative weekly increase of 39%. SafeMoon’s market capitalization is $ 1.21 billion. SAFEMOON’s 24 hour volume is $ 6.64 million with an offer of 573,745,631,354,704 and a maximum of 1,000,000,000,000.

SafeMoon is listed on 16 exchanges, the main ones being: PancakeSwap V2 ($ 3.24 million), Gate.io ($ 1.14 million), and PancakeSwap V1 ($ 690,366).

SafeMoon hit an all-time high of $ 0.000000935 5 months ago. On the last day, SafeMoon had a transparent volume of 76% and was trading in 266 active markets, with it being its competitors with the highest trading volume: BNB ($ 3.93M), USDT ($ 2.96M) and INR ( 29,301 USD).

Kucoin Token (KCS) 31.9%

KuCoin (KCS) is the native token of the KuCoin cryptocurrency exchange, which is based on the Ethereum blockchain and follows the ERC-20 token standard. KCS token holders receive discounts on trading fees on KuCoin and also earn dividends.

KuCoin is a Hong Kong-based centralized cryptocurrency exchange founded in 2013 by Michael Gan and a team of crypto enthusiasts. Prior to KuCoin, Gan worked for Ant Financial (a subsidiary of the Alibaba Group), MikeCRM and KF5.COM. After four years of development and testing, KuCoin was officially launched in August 2017.

In September 2017, KuCoin completed its ICO and issued 200 million tokens after the sale. Participating investors received 50% of the total offer (100 million KCS). The founders received 35% of the total (70 million KCS) with a four-year vesting period. The last 15% of the total offer (30 million KCS) were delivered to the first investors and consultants with a two-year blocking period.

Source: Coingecko

Today’s price of the KuCoin token is $ 14.85, which is an increase of 7% over the past 24 hours and a cumulative weekly increase of 31.9%. The market capitalization of the KuCoin token is $ 1.15 billion. KCS’s 24-hour volume is $ 24.72 million, with an amount in circulation of 77,673,097 and an established high of 167,673,097. The KuCoin token is traded on 6 exchanges, the most important of which are: KuCoin (USD 24.48 million), AscendEX (USD 204,310) and ProBit (USD 20,929).

KuCoin hit an all-time high of $ 20.61 almost 4 years ago. On the last day, the KuCoin token had a transparent volume of 1% and was traded in 54 active markets, with the trading pairs with the highest volume being: USDT ($ 17.43 million), ETH ($ 2.37 million) and BTC ($ 1.88 million). .

The views and opinions expressed are those of the author only and do not necessarily reflect the views of Cointelegraph.com. Every investment and trade carries a risk, you must do your own research when making a decision.

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