Nebulas was performing strongly this morning during its second impulse leg, with a 22% gain against BTC after correcting from yesterday’s 33% rise. In the last 48hrs, NAS trading volume has swelled a massive 750% from just $2,000,000 to a height of $17,000,000, with most trades taking place on the Binance exchange. Right now the crypto market has taken a sudden fall, sliding $3 billion in the last 2 hours. Nebulas has subsequently lost most of today’s progress but we could see renewed bullish support return once the crypto market stabilizes.
What caused Nebulas (NAS) to suddenly spike recently?
The project announced on September 30th that it would be airdropping the Atlas Protocol’s native ATP tokens to all NAS mainnet addresses soon. The Atlas Protocol (AP) is an on-chain digital marketing and advertising project incubated by Nebulas Labs and Ex-Googler Blockchain Alliance (XGBA). The project went live in April this year and has already created a lot of excitement, recently securing capital from SB China Capital, Danhua Capital and Baidu Ventures, as well as partnering with BitMart exchange to implement AP’s own “SmartVoting&r...
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