{"id":246580,"date":"2021-05-10T21:27:58","date_gmt":"2021-05-10T18:27:58","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/iexec-rlc-rallies-400-after-big-name-collaborations-and-coinbase-listing\/"},"modified":"2021-05-10T21:27:58","modified_gmt":"2021-05-10T18:27:58","slug":"iexec-rlc-rallies-400-after-big-name-collaborations-and-coinbase-listing","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/iexec-rlc-rallies-400-after-big-name-collaborations-and-coinbase-listing\/","title":{"rendered":"# iExec RLC rallies 400% after big-name collaborations and Coinbase listing"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a23fe679210a\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a23fe679210a\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/iexec-rlc-rallies-400-after-big-name-collaborations-and-coinbase-listing\/#Centralized_exchange_listings_ignite_the_rally\" >Centralized exchange listings ignite the rally<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># iExec RLC rallies 400% after big-name collaborations and Coinbase listing  <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-5a136f3a>Since the summer of 2020, decentralized exchanges (DEX) have been all the rage and in 2021 developers and investors continue to flock to the sector due to the ease of listing and buying into new projects.<\/p>\n<p>While the method has proved fruitful for many projects, the price performance for iExec RLC (RLC), a blockchain-based decentralized cloud computing network that recently listed on several centralized exchanges, shows that CEX listings still carry the most weight when it comes to initiating price movements. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-05\/539eba65-4842-4bf0-acd9-161d170f6c9f.png\"><figcaption style=\"text-align: center;\"><em>RLC\/USDT 4-hour chart. Source: <\/em><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/RLCUSDT\/\"><em>TradingView<\/em><\/a><\/figcaption><\/figure>\n<p>Data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/RLCUSDT\/\">TradingView<\/a> shows that the price of RLC has surged 430% to $16.50 since rising off its May 4 low at $3.16.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Centralized_exchange_listings_ignite_the_rally\"><\/span>Centralized exchange listings ignite the rally<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Momentum for RLC kicked into high gear following the May 4 announcement that it would be listed on Coinbase, the top U.S. exchange by volume, which recently made waves in the traditional financial markets following its direct listing on the NASDAQ. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">CTSI, RLC, MIR &amp; TRB are launching on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/bCG11KMQ6s\">https:\/\/t.co\/bCG11KMQ6s<\/a> &amp; in the iOS &amp; Android <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>s within the next 15 mins. You may need to update your app to buy, sell, convert, send, receive or store CTSI, RLC, MIR &amp; TRB. We will update when all are fully live. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/4C3BS8fiUs\">https:\/\/t.co\/4C3BS8fiUs<\/a><\/p>\n<p>\u2014 Coinbase (@coinbase) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/coinbase\/status\/1390396698283986947?ref_src=twsrc%5Etfw\">May 6, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>On May 5 it was also revealed that the RLC would be listed on the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/HuobiGlobal\/status\/1389850599903174659\">Huobi<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/gilfedak\/status\/1390179877635100672\">Bithumb<\/a>\u00a0exchange, bringing further legitimacy and trading volume to the token. <\/p>\n<p>The project received another boost of attention following the May 6 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/iEx_ec\/status\/1390307462603972610\">announcement<\/a> of the official start of the iExec developer rewards program in which $1 million has been allocated to \u201cinspire developers to discover the opportunities for innovation made possible with the iExec $RLC protocol.\u201d<\/p>\n<p>Monday\u2019s price breakout to new record highs was initiated after the following tweet that highlighted iExec\u2019s participation in the EU-backed Data Cloud project: <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">iExec recently announced its position as a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> provider in the EU-backed project DataCloud, with 16 other partners <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BoschGlobal?ref_src=twsrc%5Etfw\">@BoschGlobal<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/SINTEF?ref_src=twsrc%5Etfw\">@SINTEF<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/KTHuniversity?ref_src=twsrc%5Etfw\">@KTHuniversity<\/a>, Klagenfurt Univesity, @JOT_Internet, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/MOGTechnologies?ref_src=twsrc%5Etfw\">@MOGTechnologies<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/UBITECH_GR?ref_src=twsrc%5Etfw\">@UBITECH_GR<\/a> &amp; <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Tellu_AS?ref_src=twsrc%5Etfw\">@Tellu_AS<\/a><\/p>\n<p>More details in an article coming soon: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/eIwNQvYsEb\">pic.twitter.com\/eIwNQvYsEb<\/a><\/p>\n<p>\u2014 iExec (@iEx_ec) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/iEx_ec\/status\/1391662341108998145?ref_src=twsrc%5Etfw\">May 10, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Follow up tweets that detailed iExec\u2019s involvement in the \u2018<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/iEx_ec\/status\/1391745994698764289\">Trusted compute<\/a>\u2019 working group within the Ethereum (ETH) Alliance, Google\u2019s confidential cloud computing program, the Confidential Computing Consortium and its collaboration with IBM further helped provide a further boost to RLC on May 10. <\/p>\n<p>VORTECS\u2122 data from Cointelegraph Markets Pro began to detect a bullish outlook for RLC on May 9, prior to the recent price rise. <\/p>\n<p>The VORTECS\u2122 Score, exclusive to Cointelegraph, is an algorithmic comparison of historic and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> activity.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-05\/54f9543e-74b2-435a-aa83-5ea51667b5d2.png\"><figcaption style=\"text-align: center;\"><em>VORTECS\u2122 Score (green) vs. RLC price. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>As seen in the chart above, the VORTECS\u2122 Score for RLC reached a low of 48 on May 8 before quickly pushing into the dark green zone for a score of 84 on May 9, just two hours before its price rallied 120% over the next day. <\/p>\n<p>After securing partnerships with some of the biggest cloud computing providers in the industry and listing on the largest centralized exchanges in the cryptocurrency market, iExec RLC looks well-positioned for further growth as mainstream investors look for real-world blockchain use cases to invest in and more money finds its way into the growing cryptocurrency ecosystem. <\/p>\n<p class=\"post-content__disclaimer\">The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.\n<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/iexec-rlc-rallies-400-after-big-name-collaborations-and-coinbase-listing\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# iExec RLC rallies 400% after big-name collaborations and Coinbase listing &#8221; Since the summer of 2020, decentralized exchanges (DEX) have been all the rage and in 2021 developers and investors continue to flock to the sector due to the ease of listing and buying into new projects. While the method has proved fruitful for&#8230;<\/p>\n","protected":false},"author":1,"featured_media":246581,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDUvZGNjN2I3NDItMzFmNy00NDhiLWE4NTQtYzZkNTc0Yzc0YzMzLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,88119,74921,74956,74863,74860,74891,75570,78306,26293,78232,73785],"class_list":["post-246580","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-altcoin-watch","tag-cloud-services","tag-coinbase","tag-cryptocurrencies","tag-cryptocurrency-exchange","tag-ethereum","tag-ibm","tag-cloud-storage","tag-google","tag-intel","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/246580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=246580"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/246580\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/246581"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=246580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=246580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=246580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}