The SpaceX partnership rocketed the price of this little known altcoin!

In the background of the sudden movements in the price of Dogecoin (DOGE), the name Elon Musk, the owner of SpaceX and Tesla, has become commonplace news. This time, a little-known altcoin price was valued by the SpaceX partnership.

When Syntropy, a project that offers encryption and security solutions in open internet networks, announced its partnership with SpaceX, the price of NOIA, the local token of the project, skyrocketed.

Daily chart of the NOIA / USDT pair. Source: TradingView

According to data from Cointelegraph Markets and TradingView, NOIA has achieved a maximum increase of 361 percent since Feb. 9. Traded at $ 0.1928 on February 9, the altcoin went up to $ 0.89 on April 21.

Starlink partnership price rocked

The Syntropy team’s sharing of their partnership with Starlink on Twitter is thought to be the biggest factor behind the increase in price.

Starlink; A project belonging to SpaceX aviation company owned by Elon Musk. The space transport services company wants to create a satellite internet network of thousands of small satellites in low Earth orbit that can provide Wi-Fi service anywhere in the world.

While Elon Musk has become one of the leading cryptocurrency supporters currently on the market, every billionaire-related project is generating momentum in the industry.

Hourly daily chart for the NOIA / USDT pair. Source: TradingView

NOIA, which was suddenly valued on April 20 when the tweet was shared, was valued more than 58 percent in just 4 hours. At the time of this news publication, the altcoin was trading around $ 0.79.

The opinions and comments expressed here belong only to the author. It may not reflect Cointelegraph’s views. Every investment and trading transaction involves risk. When making your decision, you should do your own research.

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