Monday, June 21, 2021
Ethereum Amp, Chiliz (CHZ) Cryptos Make Major Strides As Bitcoin, Ethereum, Dogecoin Struggle

Amp, Chiliz (CHZ) Cryptos Make Major Strides As Bitcoin, Ethereum, Dogecoin Struggle

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Major cryptocurrencies traded in the red on Thursday night, but some like Amp (AMP) and Chiliz (CHZ) soared.

What Happened: The global cryptocurrency market capitalization stood at $1.57 trillion at press time, a decline of 3.25% over a day.

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Bitcoin (BTC) traded 1.95% lower at $36,354.27 over 24 hours and fell 5.72% on a seven-day trailing period. Ethereum (ETH) traded 6.18% lower at $2,430.36 over 24 hours and 13.31% over seven days.

Dogecoin (DOGE) traded lower by 5.17% at $0.32 at press time over 24 hours. The meme coin has declined 16.48% over a seven-day period. DOGE fell 2.96% against BTC but gained 1.15% against ETH.

See Also: How to Buy Dogecoin (DOGE)

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Among the gainers, AMP led the pack on CoinMarketCap’s list, rising 16.69% to trade at $0.068 at press time.

 The decentralized collateral token has spiked 73.77% over seven days. Against BTC and ETH, AMP rose 18.45% and 23.47%, respectively.

CHZ traded 12.53% higher at $0.27 at press time. The coin of sports tokenization centric project is up 14.22% and 19.06% against BTC and ETH respectively in 24-hours.

Why It Matters: AMP has surged 938.96% so far this year. This week Coinbase Global Inc (NASDAQ:COIN) announced the token’s listing on its Pro platform.

See Also: Coinbase Faces Class Action Suit From Customers Allegedly Locked Out Of Their Accounts For Long Periods

The cryptocurrency platform said on Thursday that its AMP-USD order book is now in “full trading mode” on Twitter. Limit, market, and stop orders are all available, as per Coinbase Pro.

Chiliz has risen 1,250% since the year began, propelled by non-fungible token or NFT frenzy and its particular focus on sports. 

This week, the project launched a community on Discord, a group chatting platform. As per a Chiliz tweet, the project has attracted 1,300 users on the platform as of Thursday.

Read Next: Vitalik Buterin Is A Dogecoin Hodler, Says Meme Crypto Has Proved One Of ‘Best Investments’

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