The cryptocurrency market seems to have weathered the wave of the FTX crash. Bitcoin, Ethereum and other cryptocurrencies started the new week with a rise. Most assets have made huge gains in the last 7 days. Meanwhile, the ecosystem continued to grow. According to the latest announcements, 3 altcoin projects have signed important partnerships. It was noteworthy that one of these partnerships was made with Coca-Cola.
Coca-Cola deals with this altcoin for World Cup NFTs
Coca-Cola, one of the world’s largest companies in the beverage industry, has agreed with an altcoin project. Accordingly, the company is running a campaign for the ongoing World Cup. This campaign includes an NFT collection produced specifically for the World Cup. The company has partnered with popular cryptocurrency exchange Crypto.com to print NFTs. According to the information received, the NFT collection will consist of a total of 10,000 unique NFTs. Following the announcement, Crypto.com’s native cryptocurrency, Cronos (CRO), rose 11% to hit $0.70.
Dogelon Mars (ELON) leaps after partnership
Dogelon Mars (ELON), a meme coin inspired by Tesla CEO Elon Musk, had a massive rally. The altcoin price rose 28% in just 24 hours, reaching $0.00000039. cryptocoin.com As we reported, this happened while Elon Musk-linked Dogecoin and Shiba Inu were making relatively modest gains. DOGE price rose 2.88%, while SHIB rose 6%. However, ELON’s price rally was also reflected in its trading volume. The asset’s volume increased 64% to $6 million. The price increase was linked to a partnership.
The rise for ELON comes after a partnership with on-chain fantasy sports platform Rage Fan. According to the partnership announced Saturday, Rage Fan will create Blockchain games for ELON holders. The partnership comes with a number of benefits such as free Call of Duty tournaments for ELON token holders. This partnership is highly likely to be the reason for the increase in trading volume. As a matter of fact, Dogelon Mars currently has a solid community with over 455K Twitter followers.
DeFi altcoin rises 22% on collaboration announcement
Celo, a mobile-first DeFi altcoin, has signed a new partnership. Accordingly, the platform has agreed with Ethereum software company Consensys, which helps engineers with Merge. The partnership aims to make Celo compatible with MetaMask, the most popular ETH-based wallet. When this happens, CELO will gain the advantage of gaining access to many new user bases. In addition to Consensys, the project also announced Tokensoft, a high-end launchpad that brings one of crypto’s largest testnet communities to the platform.
