Taking advantage of the ongoing NFT mania, the utility token of the NFT platform Ethernity Chain has surpassed BTC as the top trending coin in the US last week.
Although it’s the largest and most well-known cryptocurrency globally, bitcoin has lost its top trending spot in the US last week. Instead, the first place went to an NFT platform called Ethernity Chain, which will host the NFT of skateboarding legend Tony Hawk.
At the same time, ERN’s price has skyrocketed by more than 20-fold since early March.
Ethernity Chain Trends at N1 in the US
The popular monitoring resource CoinGecko breached the top ten trending crypto assets in the US from March 20th to March 26th. It’s safe to say that there are some surprises. The first and largest digital asset by market cap, for instance, takes the third spot.
Bitcoin trails to Ecomi and, arguably even more surprisingly – Ethernity Chain. The latter is a blockchain-based platform enabling users to take advantage of the skyrocketing in popularity craze of non-fungible tokens (NFTs).
They can create their own unique digital artworks, which are tokenized and can be traded on the blockchain.
The project has already received traction from several notable names. One of the first was the skateboarding legend known for his record-setting career and hit video game franchise – Tony Hawk.
He announced on his Twitter account his plans to offer a video of what he described as his final 540-degree Ollie trick on a halfpipe.
Ethernity Chain has also worked with the artist BossLogic and said it intends to launch several NFTs related to the late, great boxing giant – Muhammad Ali. More specifically, the NFTs will focus on the iconic 1971 “Fight of the Century” against Joe Frazier.
All of these came prior to Ethernity Chain’s massive popularity boost that made it the top-trending crypto project in the United States.
ERN Goes 20x Up
While Ethernity Chain has been neck-deep in various NFT-related endeavors, the native cryptocurrency has skyrocketed in value in less than a month.
The utility token ERN saw the light of day on March 8th with a listing price of $0.275. Shortly after the end of the IDO on Polkastarter, ERN started trading at roughly $3,50, according to further data from CoinGecko.
It took just five days to go 10x up to $33. While that was impressive on its own, ERN continued further north and reached a new all-time high earlier today at almost $74. That makes a near 2,000% surge in 20 days since it started trading on decentralized exchanges and 26,000% from the listing price.
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