Algorand, Frax Share and Helium staged brief double-digit rallies in an otherwise stagnant market, thanks to a major partnership and new project developments.
Large-cap cryptocurrency continue to slump as investors await comments from the Federal Open Markets Committee regarding the exact size of the next interest rate hike.There are, however, a few bright spots in the market and select altcoins managed to post double-digit gains in trading on Tuesday thanks to a big-time partnership announcement and cross-protocol collaborations that led to a spike in demand. Data from Cointelegraph Markets Pro and TradingView shows that three of the biggest gainers over the past 24-hours were Algorand (ALGO), Frax Share (FXS) and Helium (HNT). AlgorandThe pure proof-of-stake blockchain network had perhaps one of the most notable partnership deals for a crypto project in recent months after this week’s announcement that it had been selecte
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