The tide turns for $OCEAN's latest rally?

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Ibis
Aug 8, 2020

With Bitcoin and - by proxy - most of the crypto market spending the last 24 hours in red, very few alts managed to buck the trend and paint a green daily candle, let alone record double-digit gains.


None performed better than OCEAN, an ERC-20 coin that’s now well into price discovery and currently up +26.3% on the day, and an even more ridiculous +124.3% for the past week:

Price of OCEAN (green) vs the price of BTC (brown), past month (Source: Sanbase)

What’s driving the rally, you may ask? Like most crypto pumps, OCEAN’s surge to start the month seems to be built on a healthy blend of listing rumours and upcoming project milestones.


Two events appear as the most likely rally culprits. On July 31st, Coinbase announced a tentative list of 19 assets it is considering adding to

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Assets from this insight

Ocean Protocol logo

Ocean ProtocolOCEAN

$ 0.352908

4.08%in last 7d
0