Canton Price Surges Toward Breakout After Spike of 10%

4 hours ago 1

Rommie Analytics

  • On April 20, the Canton price jumped by around 10% on a daily chart, soaring its value to $0.1581 with a market capitalization of around $6.06 billion.
  • The surge comes after a bullish sentiment in the overall crypto market and major institutional adoption, including HSBC’s successful pilot of its Tokenized Deposit Service on the Canton network.
  • The cryptocurrency is approaching a major resistance at around $0.16, and it might see a breakout if it manages to break above it.

On Monday, the Canton (CC) price soared by around 10% on a daily chart, following a bullish sentiment in the cryptocurrency market and HSBC’s successful pilot of its Tokenized Deposit Service on the network.

At the time of writing this, the Canton price is hovering around $0.1568 with a 10% hike in the last 24 hours, according to CoinMarketCap. The cryptocurrency currently holds a whopping market capitalization of around $6.02 billion. Its daily trading volume also jumped by around 103% a...

Read Entire Article