The cryptocurrency market is giving back its gains today. Leading crypto Bitcoin dropped sharply below 42 thousand dollars. In addition, Solana, which has been running strongly lately, is also declining towards $ 100. On the other hand, there are those who took flight in the middle of the red market with their announcements. One of these was LEVER, the token of LeverFi, which launched the BRC20 Launchpad. The Binance-listed altcoin made a strong move north following the announcement.
LeverFi launches BRC20 Launchpad, altcoin price jumps!
LeverFi, the decentralized leveraged trading platform, announced the launch of its BRC20 Launchpad, LeverPro. LeverPro plans to launch three projects focused on collateralized stablecoins, BRC20 asset lending, AMM exchange, and liquidity mining protocol in the near future. The altcoin project said, “We are excited to share that LeverPro, the premium BRC-20 launchpad for the BTC ecosystem, will be coming to the global web3 community soon!” He announced the project by saying. In this context, LeverFi made the following statement:
LeverPro focuses primarily on high-potential BRC20 DeFi projects that have strong promise in delivering new and exciting experiences for users in this rapidly growing ecosystem. With a solid track record in DeFi innovation, we are confident that LeverFi can and will be the best growth and development partner for highly innovative BRC20 DeFi projects aimed at engaging a global audience.
cryptokoin.comAs you can see from , the market suddenly went into turmoil. However, there are exceptions to this. Following the important announcement, the altcoin price made a vertical breakout. While LEVER was trading at $0.001695 during the day, it suddenly jumped to $0.0023. Although the token later loses some altitude, it continues to fly high. At press time, LEVER was changing hands at $0.0021, up over 24% on a daily basis.
Strong and sustainable DeFi projects pipeline
Altcoin LeverFi also shared some details about the project. In this regard, he stated that there are currently three projects on the LeverPro launch pad. He noted that these projects are lined up for launch in the near term. He also emphasized that these projects will be his focus from now on. These projects:
- collateralized stablecoin
- BRC20 loaned/borrowed assets
- AMM swap and yield farming
In addition, the altcoin project LeverFi announced that its negotiations with a few more partners are continuing. In this regard, he underlined that he is determined to create a strong and sustainable project line for LeverPro. Finally, he stated that they will announce more details about the project in question soon.
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