Why Quant, VeChain, and OKB Are Soaring Today
Today's been a relatively muted day in terms of price action for the cryptocurrency sector. I know, right?
However, specific smaller-cap altcoins are having their day in the sun. As of 10:30 a.m. ET, Quant (CRYPTO: QNT), VeChain (CRYPTO: VET), and OKB (CRYPTO:OKB) have surged 6.5%, 5.7%, and 7.4%, respectively, over the past 24 hours.
These moves come as investors continue to factor in what the ongoing Russia-Ukraine conflict means for this sector. In the case of VeChain, investors seem to like that this project's founder, Sunny Lu, has reportedly pledged $8 million toward Ukraine's efforts, pending a VeChain wallet being set up.
Source Fool.com