Jumps Into Stratosphere With 425% Rally: This Altcoin Takes Off After 2 Exchange Listings!

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  • A decentralized exchange (DEX) offering cross-chain swaps is on the rise after its native token was greenlit by two cryptocurrency exchanges.

TitanSwap (TITAN)first tweeted on March 31, when TITAN was trading at around $1.25, implying that an exchange listing was on the way via Twitter.

The altcoin then hit a price tag of around $2.00 before two major announcements suddenly pushed the DEX to heights it hadn’t seen since September 2021.

First, KuCoin, a Seychelles-based crypto exchange, announced the launch of TITAN on the Tether (USDT) trading pair.

Then, South Korean digital asset market Bithumb announced on its website that it will add TITAN to its crypto asset portfolio and that the altcoin will be traded with Bitcoin and Korean Won pairs.

In light of all these developments, TitanSwap experienced a surprising increase for a week. It rose 425.6 percent from the lows of $1.21 when the cryptocurrency listing news broke out and rose to $6.36.

What TitanSwap offers to its users

According to the project’s website, TitanSwap offers its users an Automated Market Maker (AMM), automated liquidity mining, and a Decentralized Autonomous Organization (DAO). Built on the Ethereum (ETH) network, DEX’s native crypto asset TITAN offers voting rights for holders as well as rewards for liquidity providers.

source: titanswap.org

TitanSwap whitepaper, Adaptive Attachment Curve (Adaptive Bonding Curve) highlights a few of the unique features of the crypto project.

“TITAN’s Adaptive Connectivity Curve brings together greater liquidity and improved price discovery for different asset classes.

Layer-2 support uses layer-2 protocol to significantly increase the efficiency of on-chain cleanup and resolution and effectively reduce gas consumption before ETH 2.0.”

Although TITAN has been correcting after its massive rise, it is still trading at $4.51 at the time of writing, up 80 percent on the day.

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.


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