May 20, 2024 was a very active day for the altcoin world. The market continues to be vibrant as new projects are listed on major stock exchanges and investments increase. These developments show that the cryptocurrency ecosystem continues to grow and mature. It is important to closely follow these developments, which offer an exciting environment for investors.
Today, many altcoins will enter the exchanges
The cryptocurrency world is having a very active day today with new listings and investments. Many new projects have started to be traded on major stock exchanges and are attracting the attention of investors. According to the latest data, the new listings are as follows:
- Core Keeper (COKE): LBank exchange will list Core Keeper with the COKE/USDT trading pair. The listing is expected to occur at 16:30 Türkiye time.
- School Hack Coin (SHC): XT.com exchange will list School Hack Coin with the SHC/USDT trading pair. The listing is expected to occur at 15:30 Türkiye time.
- Peng (PENG): BitMart exchange listed Peng with the PENG/USDT trading pair. The listing took place around 12:00 noon
- Landshare (LAND): BitMart exchange will list Landshare with the LAND/USDT trading pair. The listing will take place around 17:00 ET.
- Seal (SEAL): MEXC exchange will list SealSolCoin with the SEAL/USDT trading pair. The listing will take place around 16:00 CET.
- Harmony (ONE): Coinstore exchange listed Harmony.
- Thetanuts Finance (NUTS): MEXC Global exchange will list Thetanuts Finance with the NUTS/USDT trading pair.
- Hide Coin (HIDE): MEXC Global exchange has listed Hide Coin with the HIDE/USDT trading pair. The listing took place at 13:30 ET.
Strategic investment from OKX to Bitlayer
Meanwhile, apart from listing, critical investments are also important in the crypto world. OKX cryptocurrency exchange has invested in Bitlayer, a leading layer 2 solution that offers security equivalence for Bitcoin based on the innovative BitVM paradigm. This investment will support Bitlayer’s efforts to improve Bitcoin’s transaction capabilities and manage a variety of contingent financial applications leveraging the Discreet Log Contract (DLC) framework.
Investment in ELFi Protocol from KuCoin Ventures
Finally, KuCoin Ventures announced a strategic investment in decentralized derivatives trading platform ELFi Protocol on May 20. This investment aims to improve ELFi Protocol’s derivatives trading experience and enable it to reach more users. The cryptocurrency market continues to be vibrant with the increase in new projects and investments. These developments show that the cryptocurrency ecosystem continues to grow and mature. Investors can evaluate potential profit opportunities by carefully following new listings and investments.
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