Cryptocurrency News

RNDR, NFTX and YGG bounce higher as the market rewards projects focused on utility

Everyone might be a genius during a bull market, but the real stars begin to shine when the waters get choppy. The same can be said for crypto projects and developers and once the pump is over, it’s easier for investors to separate the pump and dump projects from those with good fundamentals.

Now that Bitcoin (BTC) price has found its place back in the $42,000 to $45,000 zone, the mood across the crypto ecosystem has once again flipped bullish and projects that have continued to release new updates are being rewarded with significant jumps in price.RNDR/USDT 4-hour chart. Source: TradingViewVORTECS™ Score (green) vs. NFTX price. Source: Cointelegraph Markets ProYGG/USDT 4-hour chart. Source: TradingView

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