200% Increase: Giant Stock Market Adds Support to Explosive Altcoin!

  • Singapore-based giant digital asset exchange Crypto.com has added support for three lesser-known cryptocurrencies, including a decentralized finance (DeFi) altcoin, which has risen more than 200 percent in the past seven days.

According to an announcement made yesterday, Crypto.com is an Ethereum-based DeFi protocol that enables the transfer of virtual assets between different blockchains. Stargate Finance (STG) listed.

The STG token is trading at $1.02, up nearly 203 percent from its price of $0.33684 a week ago. Binance’s 210th ranked crypto asset last week; a special area where the platform offers investors crypto assets that can experience volatile price movements Innovation Zone(Innovation Zone) STG experienced a massive rally.

Leading US-based cryptocurrency exchange Coinbase also launched trading services for the STG token earlier this month.

Stargate Finance aims to make the process of exchanging crypto assets between blockchains simpler and more efficient by eliminating the need to use wrapped tokens. Wrapped tokens represent digital assets on blockchain networks with which they are traditionally incompatible.

Native token STG can be used to stake and earn rewards on the Omnichain protocol while ensuring that the liquidity pool has sufficient capital to facilitate cross-chain token swaps and achieve “instant guaranteed certainty”.

Ooki Protocol (OOKI)

The Crypto.com platform has also added support for Ooki Protocol (OOKI), a decentralized margin trading and lending platform that does not require verification. The project calls itself a “financial primitive for shorting, leverage, borrowing and lending that powers the decentralized, efficient and rent-free blockchain”:

“Ooki Protocol allows anyone, lenders, borrowers and traders to build applications that enable them to interact with the most flexible decentralized finance protocol on Ethereum. Ooki is a community-run project with a community vote for all major changes to the protocol.”

OOKI, the platform’s native governance token, which has gained more than 40 percent after Coinbase added it to its listing roadmap earlier this month, is trading at $0.007129, up 1.5 percent from last week.

Zed Token (ZED)

The last cryptocurrency that Crypto.com exchange added to its platform was Zed Token (ZED). Focusing on Web3, the altcoin was created by Future Future Labs Limited, a British Virgin Islands-based company. The company plans to integrate ZED Token into ZED RUN, a play-to-win, skill-based digital horse racing game.

According to CoinGecko, ZED is trading at $0.087484 at the time of writing, up about 25 percent from last week.

You can follow the current price action here.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.


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