Last week the Alternet Systems (OTCMKTS:ALYI) stock had emerged as one of the notable gainers and on Tuesday the rally resumed in the stock.
Yesterday, the Alternet stock was in sharp focus among investors and went up by 20% to take its gains over the course of the past week to as much as 70%. In light of the gains made by the company, it might be a good idea for investors to take a closer look at Alternet. Yesterday, the company announced that its funding partner RevoltTOKEN was all set to publish an update on June 23, 2021.
It is a significant development considering the fact that RevoltTOKEN has already started selling Revolt Tokens, which are going to contribute towards the financing of the electric vehicle ecosystem strategy that is being implemented by Alternet Systems.
After the initial round of Revolt Token sales, RevoltTOKEN made its observations from the round and started working on updates. The updates are being made to the Revolt Token program and are going to be rolled out soon. Today, the company is going to publish the updates and it is expected to be watched closely by anyone who might be interested in the Alternet Systems stock.
Market Reaction:
On Tuesday, ALYI stock moved up by 19.70% to $0.0578 with more than 25.72 million shares, compared to its average volume of 24.30 million shares. The stock has moved within a range of $0.0461 – 0.0583 after opening the trade at $0.0510. Over the past 52-week, the stock has been trading within a range of $0.0035 – 0.8800.