This recent month there has been a huge surge of altcoins. Recently Crypto like IoTex, Livepeer, OriginTrail, and Decentraland have increased about 200%. Others such as Loopring have gone up more than 600%. A question I had when seeing this happen was why, also what were these coins used for? When Seeing a surge of this proportion it is usually linked to some new listing, a big burn, or news from developers. Origin Trail, or TRAC, went from .65 cents to $3 on the day it was listed on Coinbase a couple days ago. Movement like this begs the question if new Coinbase listings are a must buy. 

The reason for IoTex's movement is because of their recent announcements of partnerships with Travala.com and NOWPayments. I've noticed partnerships have also played a huge role in helping cryptocurrencies get into their bull run. With only two partnerships heavily impacting the price of a coin, this is a telltale sign that big partnerships coming for coins like Shiba Inu could make a huge difference. Similar to this is the recent Facebook announcement that they will be focusing working on the Metaverse, which is why coins like Decentraland surged. I predict a huge spike could be coming soon for a lot of Metaverse cryptos. 

Speaking of recent partnerships, Gamestop announced that they will be working on an NFT marketplace of their own that will run on Loopring technology. This caused it to surge more than 200%, so investors can get into it before the NFT marketplace is launched. Which is a good reason why it my continue to see an even larger bull run in the near future. My last topic of discussion is Livepeer. The recent news that Livepeer blockchain company will be attending the ETHGlobal Web3 Jam Hackathon on Friday is the cause for its sudden increase in daily trading activity, which went up 1,000%. Cryptocurrency projects that are constantly attending events and interacting with the community are great investments.