Factom (FCT) and Digitex Futures (DGTX) have been seeing massive increments in the cryptocurrency space, with the formal climbing 65% from Wednesday through Saturday, while the latter sees 70% increment in the last 7 days.
The two cryptocurrency have been at the fore leading the much expected recovery wave after Nasdacoin saw the same but failed to maintain the lead for a long period.
Behind Factom’s (FCT) Recovery
The price upsurge of Factom could be linked to the news that the cryptocurrency’s Harmony blockchain-as-a-service (BaaS) technology is being deployed by a mortgage software and marketing firm, Equator.
Few days back when the announcement was made, Factom and other cryptos were witnessing loss. However, shortly afterward, FCT jumped and continues with this pace, joining other cryptos in the top hundred circle.
Factom (FCT) Intraday Price Analysis
The market is trying to take shape back and Factom crypto is amongst the market leader in terms of added value, in fact the second highest gainer in the market today.
Starting the last 24 hours priced $5.82, trade pair FCT/USD cranked into the upside trend for a bullish run that saw the altcoin break the resistant level upward.
After a slow and steady growth in the last 24 hours of the market, FCT’s upturn momentum increased with a more bullish tempo that saw its price move abruptly from $6.30 to $6.83 against dollars towards the end of the European trading session today.
FCT/USD trade pair continued with the momentum on the rising wedge, and by mid North American trading session, the value of the trade pair had risen to $7.40.
Although FCT/USD trade pair reached $7.63 (its peak value today), but it value as at press time is $7.40 with about 27% value rise in the last 24 hours according to Coinranking.
Digitex Futures (DGTX) Leads With A Wide Margin
Digitex (DGTX) is referred to as cryptocurrency used on a commission-free futures exchange. All gains and losses made on this platform are paid with DGTX coins.
What these denote is that DGTX tokens are a necessity to trade on the platform. Digitex coin is an ERC-223 token created on the Ethereum blockchain. To run the exchange, Digitex create a certain amount of new coins yearly.
Not long, Digitex team announced that the Digitex Futures Early Access Waitlist hit 500K, despite the fact that there is a few week left for the Beta commissioning of the first-ever commission-free futures exchange.
Now, nothing less than half a million people have queued for the release, denoting more people will join once the platform is finally launched.
Digitex Futures (DGTX) Price analysis today
Digitex Futures (DGTX), the market trailblazer for the day in term of added value. The altcoin stands out among its contemporaries with colossal value addition.
While the market kings in terms of market cap are still unstable in the green zone even within 24 hours range, Digitex Futures (DGTX) bulls up with about 30% value addition according to Coinranking.
DGTX’s recovery from the last 4 days value plunge seems to be more than expected. Trade pair DGTX/USD picked off for an upside trend at the mid hours of the European trading session yesterday.