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Two Ethereum-based altcoins break out in defiant rallies, overtaking bitcoin and crypto markets in week of wild volatility

Two Ethereum (ETH)-based altcoins are bucking the trend and making gains this week despite the widespread crypto meltdown.
The native token for BlockchainTechnology company Chain (XCN) is up more than 30% this week from a low of $0.071 to a high of $0.091.

that after market capitalization The 51st-ranked crypto asset has since corrected and is trading at $0.084 at the time of writing.

Deepak Thapliyal, Managing Director of Chain, encourages developers who have lost their jobs due to the current market conditions to apply to his company.

? Builders: If for any reason these market conditions have cost you your job due to circumstances beyond your control, please apply for a job @Chain. We actively recruit talent. Chain will continue to be built? mode & is remote-first ??

our recommendation Two Ethereum-based altcoins break out in defiant rallies, overtaking bitcoin and crypto markets in week of wild volatility, Crypto Trading News

? https://t.co/zN0XGSfoy8

— Deepak.eth ? (@dt_chain) May 12, 2022

This week, XCN also became available on Binance Smart Chainnach Thapliyal.

“XCN is now available on Binance Smart Chain with liquidity incentives on PancakeSwap. Users can bridge their ERC-20 XCN with Huobi or Gateio and use the PortalBridge through Wormhole.”

Not to be outdone, FLEX Coin (FLEX), the native token of CoinFLEX, a Hong Kong-based futures exchange platform, surged over 33% this week from a low of $3.72 to a high of $4.95. The crypto asset, ranked 124th by market cap, is trading at $4.82 at the time of writing.

On Thursday it rose stablecoin CoinFLEX, flexUSD, hit a high of $1.09 and then fell to a low of around $0.93, but the asset has since stabilized at $1.00.
Check the price action

Source: Crypto News Deutsch

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