A potential Ethereum (ETH) competitor has rallied nearly 50% this week on a new partnership with an artificial intelligence (AI) bot project.
The token of the scalability-focused smart contract network Everscale ( EVER ) is trading around $0.06326 at press time, up from $0.0423 a week ago.
The biggest bull run came after the project announced on Twitter on Monday that it had partnered with CryptoMatch, an AI-powered networking platform that uses Telegram bots to connect people.
“Why is this partnership important to Everscale? In three months, the CryptoMatch team has attracted more than 8,000 active users from over 20 countries and over 30 partners from the biggest conferences, DAOs (decentralized autonomous organizations) and protocols. This is fertile ground for networking and creating new projects.”
This week, EVER was also listed on Bithumb, the second largest cryptocurrency exchange in South Korea .
Everscale said it has “a major strategy in Korea in the works and will reveal all the details soon.”
This crypto asset is currently ranked 240th by market cap. However, despite this week’s price increase, EVER is still down more than 97.5% from the all-time high of $2.56 it reached in October 2020.