Ozop Energy Solutions (OTCMKTS:OZSC) Stock Sees Bullish Sign: What’s The Buzz?
Ozop Energy Solutions (OTCMKTS:OZSC) seems to have come back in favour among investors after a bit of a hiatus. Although there was no news about the company yesterday, investors piled on to the Ozop Energy Solutions stock in a big way and sent it soaring by as much as 23%.
Despite there being no news, investors need to remember that back on June 23, the company had made a major announcement and it was in relation to Ozop Energy Solutions becoming one of the early signatories in the international Crypto Climate Accord.
The Crypto Climate Accord is an initiative that has been created by private sector companies and is going to be involved in helping the larger crypto community’s wider goal of using renewable energy 100% of the time. In addition to that, the Crypto Climate Accord also aims to hit net zero greenhouse emissions from the crypto industry by 2040.
Considering the fact that the there is a lot of clamour at this point about the environmental impact of cryptocurrency mining, this is an initiative that could eventually have a considerable impact. The fact that Ozop Energy Solutions has signed up for it has possibly been seen as a key development by many investors.
Market Reaction:
On Tuesday, OZSC stock soared 22.73% at $0.0621 with more than 49.09 million shares, compared to its average volume of 47.55 million shares. The stock has moved within a range of $0.0500 – 0.0635 after opening the trade at $0.0509. Over the past 52-week, the stock has been trading within a range of $0.0046 – 0.5000.
