InstaForex

October 27, 2021

Shiba Inu (SHIB), Helium (HNT), Secret (SCRT) & Curve (CRV) Dominate Altcoins Market

 Wednesday saw the king of crypto Bitcoin (BTC) face a price correction, trading at $ 60,778 down over 3% in 24 hours and 5% in a week.


However there are some altcoins exhibiting price strengthening, inviting forecasts altcoin season has arrived.


Shiba Inu (SHIB)


This asset is ahead of other altcoins, recording a price increase of up to almost 17% in 24 hours, making a jump of almost 72% in a week.

While SHIB was already disappointed with Elon Musk’s confession on Monday, the asset remained resilient with a remarkable consolidation.

Two key factors to the latest surge today:

Launch of Shiboshi Social Club specially for Shiboshi NFT owners. This community offers exclusive rewards for all its members.

SHIB is listed on the Public trade app. It has over 1 million active users and places cryptocurrency and equity trading.


Helium (HNT)


HNT has posted a price jump of 16.29% in 24 hours to the current trading value of $ 25.13 this morning.

The surge was driven by a collaboration with Dish Network yesterday, aimed at further expanding the 5G network.

This means Dish Network customers are offered the opportunity to run Helium nodes and grab HNT as a reward for sharing 5G services in their area.

Secret (SCRT)


At the time of writing, SCRT posted a trading value of $ 8.22, up over 1% in 24 hours.

SCRT is rumored to have launched the first anonymous non-fungible token (NFT) on the Secret Network.

There is potential for this network to partner with the global NFT marketplace, OpenSea in the future.

Curve (CRV)


CRV tokens showed a price strengthening with a jump of over 61% since last week.

However, when the CRV writing was slightly down, it traded at $ 4.63.

The CRV leap is driven by continued collaboration and integration across its ecosystem, including in multiple layer-on and layer-two networks.