ABEY Token Gets Listed on Top Cryptocurrency Exchange Liquid Global
September 03 2021 - 10:00AM
NEWSBTC
ABEYCHAIN’s native token, ABEY, was listed today on the Liquid
Global crypto exchange. The token has experienced continued growth
since its inception has taken the next step towards continued
growth. The project is only a year old but in its short life span,
the price of the token has grown over 400%, going up from its
listing price of $0.61 in 2020, to its current trading price of
$2.50. Its price put it above Cardano, the third largest coin by
market cap in the market, which is currently trading at low $2.
Founded in 2020, the user base of ABEY has grown to over 100,000
users. Making it one of the fastest growing blockchain networks in
the world. Listed on ZBX.one, its user base had grown along with
its token price. Opening up the need for more exposure for users,
and the listing on Liquid Global works to this end. Liquid Global’s
massive user base will open up the token to more users, growing the
ecosystem as it goes. Liquid Global is a top 20 ranked regulated
crypto exchange in the world, with a deep BTC/JPY liquidity.
Listing on Liquid Global will make the ABEY token available in over
100 countries, on a platform which already lists more than 80
tokens. With a loyal user base of over 800,000 customers. ABEYCHAIN
Takes On The Big Dogs ABEYCHAIN has some big competitors in the
market, including projects like Ethereum and Cardano. But the
network has held its own so far despite massive competition. The
blockchain solves problems in the industry which had been
previously touted as unsolvable. A good example of this is what’s
known as the “Impossible Triangle.” The ABEYCHAIN blockchain
possesses the ability to simultaneously achieve a high degree of
decentralization, security, and efficiency. A trifecta that has
been the bane of leading blockchains in the market. Blockchains
like Bitcoin and Ethereum were not built to scale quickly with a
large number of users. That is why traffic congestion and high
network fees have continued to be a problem for the blockchains.
ABEYCHAIN solves this by using both a delegated proof of stake and
a secure proof of work mechanism to solve these issues. This
provides ABEYCHAIN users with cross-chain interoperability,
high-speed transactions, and its decentralized applications base
continues to grow in tandem with the fast-moving DeFi ecosystem.
The ABEY Foundation has said that the blockchain can be scaled to
handle 10,000 TPS (Transactions Per Seconds). To put this in
context, the current capacity for the Ethereum network is 30 TPS,
while that of Bitcoin is only about 5 TPS. Market Welcomes ABEY
With Open Arms The most important part of the growth of the ABEY
token has been the market acceptance. ABEY has witnessed continued
support from investors, who have invested into the project at
various points. The price of the token has not missed a beat in its
growth as the user base of 100,000 holds it up with continued
interest. Driving innovation is at the forefront of the project,
and investors have been with the project every step of the way.
Staying true to growing the network, the ABEY Foundation has added
new features. While ABEYCHAIN works to solve the problem of the
“Impossible Triangle,” the ecosystem also serves as the home of the
latest DeFi platform, XSwap, where users can lend, stake, yield
farm, and a host of other services. Its NFT platform also enables
the minting of NFTs at a faster and cheaper rate compared to
leading NFT platforms. As the need for decentralized storage grows
in the market, the ABEYCHAIN blockchain becomes a more valuable
service. This will drive more adoption of the ecosystem as top
firms see a growing need for the services provided by the
blockchain.
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