Prices of Low-Cap Altcoin Rose by 372% in One Week after Receiving Support from Coinbase

In the last week, a low-cap altcoin skyrocketed by 372%, after receiving support from the crypto exchange, Coinbase. 

PolySwarm (NCT), which is a threat detection, and anti-malware project was listed by Coinbase along with other three altcoins, Inverse Finance (INV), Liquidity (LQTY), and Propy (PRO).   

NCT is used by PolySwarm, as an incentive to reward users for assisting in the collection of data related to cyber security. At the time of writing, the 312^th ranked crypto asset is trading at $0.1145 and is up by nearly 370%. 

The prices of the other three altcoins that were enlisted by Coinbase also increased. INV, which is an Ethereum based token that offers a suite of banking tools for decentralized finance, was up by 20%. 

LQTY, a decentralized borrowing platform was up by 33%.

PRO, a platform to automate real estate transactions and also decrease the likelihood of fraud, was up by 147%.    

Disclaimer: The article is meant for the educational purpose only and in no way it should be considered as financial advice. Own research on the topic is advisable.

Photo by guaxipo on Pixabay