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Radworks sees 41% gains in spite of stagnant market

Brian Stone
Edited by
Markets
Radworks sees 41% gains in spite of stagnant market

Radworks takes the second spot on CoinGecko’s top gainers report with a 41.5% price surge in the last 24 hours, pushing the token to $2.60.

Positive news around Radworks comes in light of altcoins, crypto coins, and tokens with volumes greater than US $50,000, seeing only marginal gains in the last 24 hours.

According to a comparable report on CoinMarketCap, the world’s most-referenced price-tracking website for crypto assets, the top gainers for Jan. 19 were only seeing between 2% and 3% gains in the same period, with the global cryptocurrency market reporting a decrease of 2.5%.

Radworks sees 41% gains in spite of stagnant market - 2
Radworks to USD Price Chart | Source: CoinGecko

The price increase stems from earlier news in December that Radicle, the decentralized network for software development collaboration Radworks is based on, was gearing up for its 1.0 release, which is expected sometime in the first quarter of 2024, according to the project’s founder.

The founder has since provided an update on Jan. 19 for the release, stating numerous CI/CD pipelines would be coming to Radicle, including GitHub Actions.

https://twitter.com/lftherios/status/1736719096685687057

Looking at the weekly charts, the token is up 47.6% in the last seven days, outperforming Ethereum Ecosystem tokens, which saw 12.7% gains in the same period, following spot Bitcoin ETF excitement.