Crypto.com Lists Two Altcoins As Crypto Assets Continue to Drop!

Cryptocurrency exchange Crypto.comannounced that it will offer support for two altcoins as crypto markets continue to crash after crypto-friendly bank Silvergate announced its shutdown.

According to the announcement, customers of the Singapore-based exchange are now trading in Liquidity (LQTY) and Gelato (GEL). able to.

Liquidity is a decentralized Ethereum (ETH) based lending protocol powered by the stablecoin LUSD. The protocol uses ETH as collateral and its native token, LQTY, can be used for liquidity mining and staking. LQTY Stakers can earn LUSD from lending fees and ETH from redemptions.

LQTY is trading at $1.77 at the time of writing. The 203th-ranked crypto asset by market cap has risen by more than 1.73% in the past day and more than 7.27% in the past week. Binance also added support for the token at the end of February.

gelatois a decentralized automation protocol made up of smart contracts built on Ethereum. The project describes itself as the “decentralized backend of Web3” and enables developers to create “automated, gasless and augmented smart contracts with off-chain awareness”.

Gelato’s native ERC-20 token, GEL, is trading around $0.251 at the time of writing. The 663th-ranked crypto asset by market cap has dropped more than 6% in the last 24 hours, while it has risen more than 21.2% in the last seven days.

You can follow the current price action here.


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