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HomeEthereumLittle-Known Ethereum Rival Surges 49% in One Week As Bitcoin and Crypto...

Little-Known Ethereum Rival Surges 49% in One Week As Bitcoin and Crypto Markets Correct

One low-cap Ethereum rival, Altcoin, is heading in the opposite direction of most crypto markets, partly based on news of major celebrity partnerships.

While the prices of many crypto assets have fallen this week, XDB, the native token of the open source blockchain project DigitalBits, has risen 49.5% in the last seven days.

DigitalBits is proud to be a “fast, eco-friendly” enterprise-grade blockchain built to support its brand.

project publication In late March, world-renowned retired soccer star David Beckham will join the team as a global ambassador.

In the announcement, Beckham says,

“I’ve always wanted to find new ways to connect with fans around the world. The moment I talked to Al and the DigitalBits team, I realized that this was a great opportunity for my fans to create new experiences online. I’m always proud to work with the best teams and I’m very excited to work on NFTs. [non-fungible token] Collection and further innovation in the future. “

According to a press release, Beckham plans to “embark on a series of exciting projects demonstrating the power and potential of DigitalBits blockchain technology.”

DigitalBits teased one of those projects on Twitter this week.

Digital Bits, the 215th largest crypto asset by market capitalization, is trading at $ 0.382 at the time of writing.

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Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors need to do due diligence before making risky investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfer and transaction is your own responsibility and any loss you may incur is your responsibility. Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets. Also, Daily Hodl is not an investment adviser. Please note that TheDailyHodl participates in affiliate marketing.

Featured images: Shutterstock / prodigital art / Sensvector

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