3 Under-the-Radar Cryptocurrencies That Have Landed Major Partnerships
If you think the stock market has been unstoppable since equity markets bottomed out during the initial wave of the coronavirus pandemic in March 2020, check out the cryptocurrency space. Whereas the broad-based S&P 500 is up more than 100% in a little over 20 months, the aggregate value of cryptocurrencies has jumped more than 1,500% to $2.36 trillion in the same period.
Although the fear of missing out (FOMO) and investor sentiment have been big drivers of these gains, crypto investors have also been impressed with the number of partnerships being struck.
As you can imagine, the bigger names in the crypto space have forged quite a few meaningful partnerships or merchant wins. For example, Bitcoin (CRYPTO: BTC) is the most widely accepted digital token on the planet by retailers. Meanwhile, the Enterprise Ethereum Alliance, which is focused on promoting the use of the Ethereum (CRYPTO: ETH) blockchain, has more than 100 members. Even meme coin Shiba Inu has snagged a few well-known merchants in recent weeks.
Source Fool.com
