Surprise Exit from Altcoin: Increased 227 Percent in One Week!

While uncertainty continues in the cryptocurrency markets, an unpopular altcoin Highstreet (HIGH) managed to gain 227% in just one week.

While the eyes of crypto investors are focused on the interest rate decision to be announced by the Fed, uncertainty continues in the market. In the last 2 weeks, HIGH has gained 227%. The lows and highs recorded during the week can be listed as follows: $1.18 and $3.86.

According to on-chain data provider Lookonchain, HIGH’s price is around 200% after Binance CEO CZ said the exchange would prefer to invest in virtual reality or metaverse games. It increased.

A statement made on the official Twitter account of Binance Labs Fund brought up the discussions about the metaverse since the beginning of the year. Binance held a metaverse demo in collaboration with High Street, League Kingdoms, The Sandbox, Space and Ultiverse from January 16-20. This can be considered as a reason why HIGH draws attention.

What is Highstreet (HIGH)?

Highstreet is a project set out to create the first metaverse marketplace where physical goods are traded as NFTs. Running on the Ethereum network, the marketplace is built for top brands to release limited edition products.

The altcoin project currently has a large list of investors including HTC, Palmdrive Capital, Cherubic Ventures, Mechanism, Jump Trading and NGC.

You can follow the current price action here.

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