Cosmos-Based Altcoin Defies Crypto Crash, Surges Nearly 40% This Week Amid Flurry of New Partnerships

An altcoin constructed on interoperable blockchain Cosmos Community (ATOM) is surging regardless of the most recent crypto market doldrums.

The native crypto asset of sensible contract platform OKX Chain (OKT) has seen a major worth enhance within the final seven days because it inks new partnerships, defying the most recent bear market sparked by the downfall of outstanding crypto trade platform FTX.

OKT, an Ethereum (ETH) Digital Machine (EVM)-compatible layer-1 protocol constructed on Cosmos, rallied from a low of $19.54 on December tenth to a weekly excessive of $27.28 on December sixteenth, marking a 39.61% surge in lower than seven days.

The altcoin has given up a few of its positive aspects and is buying and selling at $24.32 at time of writing.

The 77th-ranked crypto asset by market cap not too long ago introduced a number of recent collaborations with different digital belongings and crypto companies, together with the eco-friendly proof-of-stake meme asset Chihuahua Chain (HUAHUA), social crypto gaming community Sweet Membership, decentralized crypto trade (DEX) community Pretty Swap, and market analytics protocol Nansen.

Buyers can now transfer HUAHUA and OKT between the Chihuahua Chain and the OKX Chain, and use OKT tokens to play over 677 Sweet Membership video games. Buyers may also purchase, promote and trade OKT on the Pretty Swap decentralized crypto trade and hold track of their OKT holdings on Nansen.

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