Popular Singapore-based digital asset exchange Crypto.com has added support for two low-value altcoins built on Ethereum (ETH).
Crypto.com uses decentralized finance (DeFi) to allow staking using a range of digital assets on the platform. Unifi Protocol DAO (UNFI) listed the governance token.
“Unifi Protocol DAO (UNFI) is now listed on the Crypto.com App and includes Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Chainlink (LINK) VeChain (VET), USD Coin (USDC), and Cronos (CRO) It joins the growing list of over 250 supported cryptocurrencies and stablecoins, including
Rival exchange Coinbase also listed the cryptocurrency in January, causing the altcoin price to rise more than 40 percent on the same day.
UNFI is trading at $5.36 at the time of writing. The 482nd-ranked crypto-asset by market cap has fallen more than 5 percent in the last 24 hours and nearly 32 percent in the past seven days, catching on to the relentless downtrend that has dominated the market.
Woo Network
of WOO Network local service token WOO token was also listed by the stock market, which has become very popular as a result of its partnerships in the sports world.
Founded by the team behind Kronos Blockchain WOO Networkis a decentralized fintech startup and pool trading platform that implements built-in deflation measures. WOO Network stands out as a project that aims to bring zero-fee transactions to crypto trading.
Another competitor of Crypto.com, Binance, is used for staking and transaction fee reductions on the platform. WOO token It was listed in February, and that listing triggered a short-lived 25 percent rally in the altcoin.
Binance Labs, the venture capital arm of Binance, the world’s leading crypto exchange, announced earlier this year that it has provided $12 million in strategic funding to institutional liquidity provider Woo Network (WOO) and backs the platform. Binance platform named Woo Network as one of the leaders of tomorrow:
“WOO Network adds significant value to the crypto ecosystem by offering deep liquidity and zero-fee trading, both on-chain and off-chain. Expanding our long-term relationship and especially [Binance Smart Chain] We are excited to explore more collaborations on Binance appreciates the importance of liquidity platforms and looks forward to investing and collaborating with industry leaders like WOO Network.”
It has decreased by more than 7 percent in the past day and by more than 13.7 percent compared to the previous week. WOO tokenIt is trading at $0.129728 at the time of writing.
You can check the price movements 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.