Being listed on exchanges in the cryptocurrency market is very important for altcoin projects. In particular, the addition of support by leading exchanges is considered an element of prestige. Therefore, it is possible that listing news will trigger an increase in the price of the relevant token. Therefore, investors and traders follow this news closely. One of the leading Bitcoin exchanges gate.io, It adds a relatively new small-scale altcoin to its list tonight.
Shortly after its launch, this altcoin enters Gate.io’s list
cryptokoin.comAs you follow from , stagnation prevails in the market. However, market players are moving on. Bitcoin exchange Gate.io announced that it will add a small-scale altcoin project to its list tonight. According to the stock exchange’s statement, Safereum (SAFEREUM) tarde will be activated on October 15 at 01:00 CET. According to Gate.io’s statement, a total of 20,927 users participated in the pre-sale on the stock exchange. Meanwhile, the exchange stated that the service for withdrawals will be active later. Additionally, the project shared this announcement from its own X account:
With only 15 hours left, our upcoming listing on Gate_io is just around the corner. Tier 1 heralds the possibility of more listings on centralized exchanges (CEX). It is noteworthy that over $35 million has already been contributed to the Gate_io airdrop pool. Additionally, a new record has been set for a token that has only been around for 6 days… Imagine this scenario: If only 5% of all participants during the SAFEREUM launch on Gate_io decide to invest in Safereum, our trajectory will be nothing short of meteoric, leaving us will take it to new heights.
With only 15 hours left, our upcoming listing on @gate_io is imminent, ushering in the prospect of further listings on Tier 1 centralized exchanges (CEX).
Remarkably, over 35 million dollars has already been contributed to the @gate_io airdrop pool, setting a new record for a… pic.twitter.com/OhDQ9aqIBm
— Safereum.io (@Safereumio) October 13, 2023
This is a big step for the fairly new cryptocurrency. However, the token price doesn’t seem to have reacted much to the announcement. Safereum price is at $0.000007103 at press time, down approximately 9% on a daily basis. Additionally, the token has a trading volume of $3.65 million in the last 24 hours. The altcoin is currently at 2,163 on CoinMarketCap. standing in line.
Safereum (SAFEREUM) What is it and what is not?
Safereum is a decentralized meme-coin launched on the Ethereum Blockchain. It does not yet have its own Blockchain technology. Its supply is managed by smart contracts on Ethereum’s internal Blockchain. Safereum uses the ERC-20 token standard based on Ethereum (ETH). The altcoin launched on the Ethereum Blockchain in October 2023.
In a market saturated with centralized, ephemeral, meme-coins, transparency and longevity are slowly disappearing. Safereum claims that it will help the crypto world return to its roots and make decentralized meme-coins great again. In this vein, the altcoin suggests that it will revive the cryptocurrency’s original mission.
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