Energi sees 172% price surge following co-founder interview

2023-12-05 15:51:22

Energi, a proof of stake (PoS) cryptocurrency, sees triple-digit growth on Dec. 5 following an interview with Altcoin Daily, a YouTube channel with 1.35 million subscribers.

In response to the coin’s rally, co-founder Tommy WorldPower takes to his account on X to share the coin’s incredible price increase.

Leading a good week

In addition to its impressive daily growth, Energi (NRG) has also seen impressive numbers for the week with a 229% increase, which put the token at $0.2023, although it still sits at a 13.06% decrease year-over-year.

Energi to USD Chart | CoinMarketCapNRG continues to be marketed alongside its integrated Ethereum smart contract compatibility, which exists alongside a self-funding treasury, decentralized master node governance and a dual-layer protocol that encompasses Layer 1 and Layer 2 functionalities. At the same time, NRG assumes the role of a governance token for the Energiswap decentralized exchange.

In Altcoin Daily’s feature, the episode focused on a discussion around the co-founder’s background in crypto and his predictions for Bitcoin (BTC) and Ethereum (ETH) as some of the key talking points for the release.

Part of a growing trend

Energi is just one of the altcoins that has reported positive numbers today, joining the ranks of Autonolas (OLAS) and Casper (CSPR).

Positive sentiment has further become evident in the growth of trading volume on major exchanges like Robinhood, which has noted a 75% surge in cryptocurrency trading volume as compared to the month of October.

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