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April 1, 2022

Little-Known Altcoin Explodes 207% After Surprise Listing From Crypto Exchange Giant

By Daily Hodl Staff

Crypto exchange giant Crypto.com is expanding its digital asset roster and triggering some major rallies in the process.

The exchange just announced its latest listing of three up-and-coming altcoins.

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First on the list is Alethea Artificial Liquid Intelligence Token (ALI), which skyrocketed 207% on the heels of the announcement.

ALI is designed to bring science fiction visuals and concepts to the metaverse through its unique proposition of an intelligent non-fungible token (NFT), referred to as iNFT, which can be trained to upgrade its intelligence level.

Last June, the first-ever iNFT named Alice sold in the Sotheby’s auction house for $478,000.

Also joining the Crypto.com app is the open-source, multi-chain smart contract platform Astar (ASTR).

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The project formerly known as Plasm connects layer-1 blockchains through the Polkadot (DOT) ecosystem via the Astar Network, with capabilities ranging including decentralized finance, non-fungible tokens and decentralized autonomous organizations.

Utility token ASTR offers staking rewards, transaction fees, and on-chain governance.

At time of writing, Astar is up 14.55% and trading for $0.19. A week ago ASTR was priced at $0.11, marking a total gain of over 72%.

Last on the list of Crypto.com app newbies is the mobile global gaming platform Wemix (WEMIX), which offers a dozen games across several different genres.

Wemix employs a hybrid public and private blockchain structure to help reduce fees, and an emphasis is put on users’ gaming experience rather than trading crypto assets.

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Currently, Wemix is down 2.5% over the last day, valued at $4.61. The altcoin is up 10.2% from a monthly low of $4.18 back on March 14th.

Out of the three newly added tokens, only ALI is available for trade in the United States.

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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 losses 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/Yui Yuize/Andy Chipus