The cryptocurrency was stable on Wednesday after the end of China and the United States talks in London, and while traders were waiting for a consumer inflation report in the United States. This article explores the reason for the rise in some metal currencies such as KAIA (KAIA), Jito (JTO), Vaulta (A) and SPX6900 (SPX).
Kaya jumps as she enters the Stablecoin race
KAIA is the Asian Blockchain company formed by Klaytn and Finschia earlier this year. The two projects were created by Kakao and Line, respectively, two of the largest technology companies in South Korea.
KAIA has the lowest costs of transactions and high speeds and is widely used by the country’s application developers.
The price of the distinctive code in KAIA has risen to $ 0.1700, its highest point since February, and 85 % higher than its lowest level this year. The latter boom occurred after the developers said they were entering the Stablecoin race by launching the first Stablecoin supported by KRW.
This announcement came a week after Circle, the USDC creator publicly in the United States has become a very successful offer that paid the market price to more than $ 25 billion.
Stablecoin Stablecoin is likely to be successful because of the size that deals with the South Koreans with Blockchain. Data show that it is the third most active user after the United States and China.
Vauulta rises as rising files for public subscription
Vauulta, previously known as EOS, jumped to a height of $ 0.6910, its highest point since May 30, and 23 % higher than its lowest point this month.
This mutation occurred after the encryption project supported by Peter Thil presented papers to the public. It joins another exchange such as Gemini and Kraken who applied to the public this year after the department’s general subscription.
The distinctive symbol VAULTA has risen because it contains a date with the climb. Bullish was launched by Block.one, a company that launched the most successful ICO ever. Block was the founder of Eosio until the relationship was strained, with EOS martyrdom with the mass.
Vauulta has been renamed from EOS this year as she evaluated her business model now focusing on Blockchain Banking.
The price of Geto rises amid the growth of assets and fees
Geto, the largest liquid liquid platform on Solana, rose to a height of $ 2.3090 on Wednesday, its highest point since April 2. He jumped by 50 % of the lowest point in April.
Data He appears The amount in Geto continued to rise this week. She now has more than $ 2.97 billion of assets, an increase of $ 2.6 billion last week. Jito is also one of the most profitable players in the encryption industry, where it gets more than $ 70 million of fees in May, up from $ 50 million in April.
Spx6900 high prices with continued momentum
Meanwhile, SPX6900’s distinctive code price has risen to a height of $ 1.64, its highest level since January 20. He jumped with more than 478 % of its lowest point this year.
The SPX code jumped due to the continuous recovery of the Mimi currency. Investors and whales also gathered smart money in the accumulation of the distinctive symbol, a sign that they expect to continue to rise.
The post Why are the metal currencies of encryption like KAIA, Jito, Vauulta and SPX6900 RISING? First appeared on Invezz
