A top-100 altcoin has more than doubled up during the last week as it announces a host of new partnerships and features.
New data reveals that Core (CORE), a layer-1 blockchain that leverages the advantages of Bitcoin’s (BTC) proof-of-work network, has skyrocketed over the last seven days.
On March 29th, CORE was trading for $1.07. However, on April 1st, it shot up to $4.10, a staggering 283% gain. However, CORE has since retraced and is trading for $2.75 at time of writing.
Earlier this week, CORE’s decentralized autonomous organization (DAO) announced the addition of two features to the blockchain – The Wizard Gallery, a unique non-fungible token (NFT) marketplace specifically designed for CORE, and Core Ignition, a six-month program that is slated to fuel decentralized finance (DeFi) protocols over Bitcoin.
“Wizard Gallery offers space to showcase and sell NFTs within the Core ecosystem, leveraging powerful features for a secure and smooth user experience, empowering creators with innovative tools.”
Furthermore, the DAO announced two new partnerships it has formed – one with ZAN, the Web3 service provider of Ant Digital Technologies, making it one of CORE’s official validators and with telecommunications provider stc Bahrain to promote digital transformation in the Middle East.
“Through this partnership, stc Bahrain will deploy and operate nodes on the Core Chain network as part of the Pearling Path Program, boosting infrastructure resilience and fast-tracking Web3 technology adoption to address regional challenges… Historic moment for blockchain utility and growth in the Middle East.”
Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Featured Image: Shutterstock/JLStock/Sensvector
Read the full article here