The price of the altcoin started rising when Binance announced its participation in the competition to the market. The course of the competitor coin reacted in the opposite direction that everyone expected.
The rate of the MovieBloc token (MBL) increased by 140% in a few hours, from $0.0021 to $0.0051. Then altcoin fell in price and is now trading at $0.0043. The daily trading volume of the asset increased by 1300% and reached $120 million.
The coin began to rise in price after the announcement of Binance. In its official Twitter account, the exchange announced a vote among users for listing one of the two coins. In case of a win, the MovieBloc token will be added to the trading platform.
The V-ID token (VIDT) also appears in the contest. However, the reaction of its course to participating in the vote for adding to Binance was inverse. In 24 hours the altcoin fell 8% to $0.1330. The daily trading volume of the asset increased by 49% and now equals to $1.5 million.
On February 11, the Hedera Hashgraph token rose by 70% during the day. The price of altcoin started to rise after the startup announced the expansion of cooperation with the Google Cloud platform. The service was selected as a priority provider of cloud solutions for Hedera public test networks and the Hedera Consensus Service ecosystem.