Project After Project, WAVES, CELO & INJ Rise! - Kakiforex | Forex markets for the smart money. Project After Project, WAVES, CELO & INJ Rise! Project After Project, WAVES, CELO & INJ Rise!

April 28, 2021

Project After Project, WAVES, CELO & INJ Rise!

 While the crypto market this morning showed positive movement with each recording a jump below 10% in 24 hours, there have been three altcoins growing consistently over the past few years.


Waves (WAVES)


Waves has launched an algorithmic trading investment product called ‘Lambo Investments’ on 15 April.


At the same time, Waves has also penetrated the non-fungible tokens (NFTs) sector with the first NFT, Waves Duck known as ‘Perfection’ was sold at 1 million Neutrino USD (USDN) on April 12 at Sign Art.


USDN is an algorithmic stablecoin that is pegged to the US dollar and consolidated with Waves ’native token, WAVES.


In fact, its founder CEO Sasha Ivanov has announced plans to achieve long-term targets: 1/ Record total lock-in value at $ 10 billion by October and 2/ Record total daily transactions at an average of 10 million.


Following the news, WAVES managed to rocket from an intraday low of $ 11.09 on April 23 to an all -time high (ATH) of $ 21.09 on April 27. It has increased 90% in just five days.


Injective Protocol (INJ)


This DeFi protocol wants to be a decentralized competitor to Robinhood. Most recently, it was reported that they managed to raise funds worth $ 10 million from several investors including Pantera Capital and millionaire Mark Cuban.



On April 15, they announced Trezor’s support for the exclusive EIP-720 standard which will allow Trezor users to access Ethereum-based applications.


Injective has also collaborated with various blockchains to enhance the user experience. Most recently, they have partnered with API3, Harmony, Staked, Litentry, Persistence, Big Data Protocol and Klaytn.


As a result, the INJ price has risen from $ 10.91 on April 20 to the latest ATH of $ 21.55 on April 22, seeing a 97% jump in three days.


Celo (CELO)


On April 20, Deutsche Telekom purchased a large amount of CELO tokens through its strategic investment fund, Telekom Innovation Pool.


Then on April 21, a new gas -efficient connection standard called Optics, connected Celo to Ethereum. It is the first step in developing an open connected blockchain ecosystem and will also involve Cosmos, Polkadot and more.


The platform has also launched a second stablecoin after the Celo Dollar (cUSD), known as the Celo Euro (cEUR) on the mainnet on April 22nd. cUSD was launched in June 2020 on the Celo network.


The last time Team Intraday reported the Celo price was on Feb 11. Back then CELO was trading at $ 4.80 and has now hit its latest ATH, $ 7.23 on April 21 with a 123% jump in 3 months.


At the time of writing, within 24 hours each recorded the price:


WAVES: $ 20.33, down over 5%

INJ: $ 18.30, down over 2%

CELO: $ 5.57, down nearly 2%