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04.01 - 21:15
Can Ethereum-based protocol, Aragon sustain over 70% gains in the long run
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While the larger market seemed to embark on the recovery path with Bitcoin above the $48.5K mark, some altcoins and their double-digit gains over the past week still kept traders on their toes. One such altcoin that saw a massive surge in price and social attention was Aragon’s ANT token.
Aragon, an Ethereum network-based protocol that supports DAOs, developing governance structures to encourage community engagement saw over 75% rise in volumes and over 15% rise in market cap over the last 24-hours. As ANT’s price spiked by over 88% in a week the market seemed to eye ANT for further gains but before that, it was crucial to see what triggered the rally and whether the gains would sustain.
What led to the surge?
The ANT token was up roughly
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