Constantinople is slated to fork in 1 day and analysts are saying that volatility is expected to happen in the markets. Coins like Enjin and Decentraland have displayed volatility despite a prolonged bearish market.
“, like most major , has seen increased levels of volatility over the past week, but has failed to make any lasting upwards moves that resulted in sustained higher highs. Analysts now expect ETH to increased levels of volatility as its approaches later this week.
Although this hard fork event is widely seen as being bullish in the long-term, analysts believe that is currently expressing increased levels of technical weakness, which could mean further losses are in for the in the near-future.”
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Decentraland(MANA) is up 40% after an announcement that they have partnered with HTC.
“ The phone’s hardware will be storing the private keys and will allow users to secure their Decentraland identities, data, and assets directly in their pocket — totally cutting out the middleman. Decentraland’s LAND (the ERC-721 virtual that makes up Genesis City) and MANA (our -based ) will both be supported by the Zion Vault.”
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Enjin coin spiked more than 100% on rumor that a potential partnership with Samsung. Below is the chart to show that Enjin Coin spiked from $0.046 to a peak of $0.097 on 26 Feb before retracing to $0.087 today.
“Rumors are circulating that Enjin Wallet was involved with the development of the crypto storage solution that will feature in Samsung’s eagerly-anticipated new handset. Leaked photos showed the ENJ logo in the phone’s crypto interface, as well as that of Brave’s Basic Attention (BAT).”
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Published at Wed, 27 Feb 2019 05:17:46 +0000
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