Co-founder interview propels Energi with a remarkable 172% price surge
The cryptocurrency Energi, which operates on a proof of stake (PoS) system, experienced significant growth on December 5th after an interview with Altcoin Daily, a popular YouTube channel with 1.35 million subscribers.
Co-founder Tommy WorldPower took to his X account to share the impressive price increase of the coin in response to its rally.
Not only did Energi (NRG) show impressive daily growth, but it also saw a substantial increase of 229% for the week, bringing the token’s value to $0.2023. However, it is important to note that despite these gains, NRG is still down by 13.06% compared to the previous year.
Energi continues to promote its integration with Ethereum’s smart contracts, as well as its self-funding treasury, decentralized master node governance, and dual-layer protocol that encompasses Layer 1 and Layer 2 functionalities. Additionally, NRG serves as a governance token for the Energiswap decentralized exchange.
Altcoin Daily’s feature on Energi focused on a discussion about the co-founder’s background in crypto and his predictions for Bitcoin (BTC) and Ethereum (ETH), which were key talking points in the episode.
Energi is part of a growing trend of altcoins that have reported positive numbers recently, joining the likes of Autonolas (OLAS) and Casper (CSPR).
The positive sentiment in the cryptocurrency market is further reflected in the increased trading volume on major exchanges like Robinhood, which has seen a 75% surge in cryptocurrency trading volume compared to October.
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