The crypto currency market continues to fluctuate after a big decline on Tuesday. However, some investors headed for two Altcoine, which rises despite the negative atmosphere in the market. Story and Hype attracted the attention of investors by performing remarkable performance in the last 24 hours. Despite the general decrease in the market, the rise of these two subcoin creates new opportunities for investors.
Story and Hype Coin’s remarkable rise
While sharp decreases in the crypto currency market, the value of the Story increased by about 40 %. The rise of Story showed a stronger performance compared to the market.
Altcoin, Hype, was another asset that attracted the attention of investor. This Token, a Hyperliquid, gained 15 %value. In the term trading markets, open positions increased by 52 %and reached $ 162 million. Increased transaction volume revealed a strong procurement pressure on this subcoine.
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Story protocol and increase in Hyperliquid’s transaction volume
The Story protocol allows token with art, music and artificial intelligence -supported content. Users can get full ownership on these assets. The project increases its importance in the market by offering new income models to digital content producers.
As part of the Story Ecosystem, Aria Protocol announced that it has purchased some rights of Korean music group’s Tr The Truth Untold ”song. This development gives clues that the tokenization models can be adopted more in the music industry.
On the other hand, the Hyperliquid Stock Exchange realized 190 billion dollars in January and $ 167 billion in February. Thanks to these large volumes, token reinses from the market with the income it generates. During February, Hyperliquid reportedly earned a $ 40 million income. On Tuesday, it provided $ 3.5 million in a single day. These large volumes constitute a continuous print pressure on Hype.
Despite the major fluctuations in the crypto currency market, some projects continue to attract investors. Story and Hype managed to enter the radar of investors with the performance of the market decreases.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
