Is Ethereum Staging a Short-Term Rally - Price Analysis.
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2022-05-14 | Selina Mathew
Despite the general crypto crisis, two Ethereum (ETH)-based altcoins are bucking the trend and making gains this week.
This week, the native token for blockchain technology startup Chain (XCN) has risen more than 30% from a low of $0.071 to a high of $0.091.
Since then, the 51st-ranked crypto asset by market cap has corrected and is currently trading at $0.084.
Deepak Thapliyal, CEO of Chain, urges developers who have lost jobs due to current market conditions to apply for positions with his business.
FLEX Coin (FLEX), the native token of CoinFLEX, a Hong Kong-based futures trading platform, soared over 33% this week from a low of $3.72 to a high of $4.95, not to be outdone. At the time of writing, the 124th most valuable cryptocurrency was trading at $4.82.
CoinFLEX's stablecoin, flexUSD, soared to a high of $1.09 on Thursday before plummeting to a low of roughly $0.93, however the asset has now steadied at $1.00.
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