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A cryptocurrency skyrocketed 400% after announcing a collaboration with Meta

A cryptocurrency skyrocketed 400% after announcing a collaboration with Meta

A cryptocurrency exceeded growth expectations and showed a change in the oscillating trend of the rest of the digital assets that did not seem to settle into a floor elevated and what appeared to be his stopit was not.

Last week was marked by the cryptocurrency crash pushed by the poor performance of Silvergate, the first bank friendly to these assets, and the greater pressure from the Federal Reserve to increase interest rates that pushed up risky assets.

Thus, the Bitcoin For example, he abandoned what appeared to be his new $23,000 apartment and settled closer to $22,000. Something similar happened with ethereum which came off US$1,600 and stands at around US$1,550.

However, a cryptocurrency grew more than 400% in one day after it announced a new collaboration with two large companies.

Is about Gamium (GMM), an altcoin whose network announced a collaboration with Telefónica and Meta, the parent company of WhatsApp, Instagram and Facebook.

The collaboration will focus on the “metaverse activation program” through the interface Wayra and that “seeks to empower and scale startups within the metaverse and Web3 industry.”

The co-CEO of the company, Alberto Rosas, assured that they have already worked with Meta’s artificial intelligence (AI) team and that together they created the technology to make their projects more accessible. “In 2023, the world’s largest financial and identity protocoleither. This is just the beginning!”, She expressed in a post on his Twitter account.

https://twitter.com/Gamiumcorp/status/1630191322245083138

After the announcement, the price of the token rose to US$0.0042 (450%)the maximum value that this cryptocurrency presented in the last eight months, as reported by CoinMarketCap.

Howeverafter a few hours the GMM backed down, but even so, this digital asset continues to be one of the ones that generated the most profits in the last days of February.

Source: Ambito

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