Energi, a cryptocurrency based on proof of stake (PoS), experienced a significant increase in value on December 5th after an interview with Altcoin Daily, a popular YouTube channel with 1.35 million subscribers.
Co-founder Tommy WorldPower took to X to share the remarkable price surge of the coin in response to its rally.
Having a successful week
Apart from its impressive daily growth, Energi (NRG) also saw substantial gains for the week, with a 229% increase, reaching $0.2023 per token. Despite this positive momentum, the coin still shows a 13.06% decrease in value compared to the previous year.
Energi continues to be promoted for its integrated Ethereum smart contract compatibility, self-funding treasury, decentralized master node governance, and a dual-layer protocol incorporating Layer 1 and Layer 2 functionalities. Additionally, NRG serves as a governance token for the Energiswap decentralized exchange.
In a recent feature on Altcoin Daily, the episode highlighted a discussion on the co-founder’s background in the crypto industry and his insights on Bitcoin (BTC) and Ethereum (ETH) as key topics of conversation.
Part of a rising trend
Energi is not the only altcoin seeing positive results today, as Autonolas (OLAS) and Casper (CSPR) have also reported favorable numbers.
The growing optimism is reflected in the increased trading volume on major exchanges like Robinhood, which has witnessed a 75% surge in cryptocurrency trading volume compared to October.
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