Digital Assets Exchange Crypto.com Rolls Out Support for Two Low-Cap Ethereum-Based Altcoins

Singapore-based digital asset exchange Crypto.com is rolling out support for another two low-cap altcoins built on Ethereum (ETH).

Crypto.com listed the governance token for Unifi Protocol DAO (UNFI), which utilizes decentralized finance (DeFi) to allow staking with a number of digital assets.

“Unifi Protocol DAO (UNFI) is now listed in the Crypto.com App, joining the growing list of 250+ supported cryptocurrencies and stablecoins, including Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Chainlink (LINK), VeChain (VET), USD Coin (USDC), and Cronos (CRO).”

Rival exchange Coinbase listed the token in January, causing the price of the token to shoot up over 40% on the same day.

UNFI is trading at $5.67 at time of writing. The 487th-ranked crypto asset by market cap is down more than 13% in the past 24 hours and nearly 37% in the past seven days.

The exchange also listed the native utility token of WOO Network (WOO).

Founded by the team behind the Kronos Blockchain, WOO Network is a decentralized fintech startup and pool trading platform with built-in deflationary measures. WOO Networks aims to bring zero-fee transactions to crypto trading.

WOO is used for staking and transaction fee discounts. Another competitor Binance listed the token in February which triggered a short-lived 25% rally.

WOO Network is trading for $0.137235 at time of writing. It’s down more than 10% in the past day and more than 13.7% in the past week.

Check Price Action

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp
Check Latest News Headlines

 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/topvector/Yana Tsap/Fotomay

Read more at dailyhodl.com

Leave a Reply

Your email address will not be published.


*