Today, on Feb 23, 2019, Ontology or ONT sees a massive rise of 15% in the past 24 hours. Quite interesting to note that the cryptocurrency which was standing on the 27th position last week (as Coingape reported) – is standing on 21st position today – according to the data from coinmarketcap.
While other cryptocurrencies are stuck in sideways – ONTology (ONT) turned up green and running with bullish signs. While it won significant growth, the same day – ONTology platform hit the mainstream media of Cloud marketplaces. According to the latest release, ONTology claims to be the first public blockchain to begin on Google Cloud, Amazon Web services and Microsoft’s Azure. A statement from the official blog reads that;
Using the ONTology Development Platform on one of these cloud providers allows you to play around with and develop smart contracts without having to go through the fuss of configuring and setting up an environment locally.
It further revealed that they are now Google Cloud Technology Partner which facilitate them to collaborate with Google in marketing activities. Following the Google cloud program, ONTology platform seeks to strengthen the tech community and dApp development accessible for everyone.
It can be quite true to link ONTology’s Google Cloud update with its recent price surge – as soon as the announcement hit the media – the price of ONTology started rising in its way. Below is the screenshot of growing figures of ONT market value.
What do you think of ONT price surge? Do you think Cloud Marketplace updates encourage the trading volume of ONT cryptocurrency? Share your opinion with us.
Tabassum is a full-time content writer at Coingape. Her passion lies in writing and delivering apt information to users. Currently, she does not hold any form of cryptocurrencies. Follow her on Twitter at @Tabassumnaiz and reach out to her at Tabassum[at]coingape.com